Remove Career Development Remove Data Remove Employee Appreciation Remove Retention and Turnover
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Why employee retention is important in the construction industry

Homebase

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? What is employee retention?

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Turnover vs. Attrition: Key Differences Plus How To Calculate Each 

Analytics in HR

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

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Retention During a Recession: 5 Ways to Keep Top Talent

Bonusly

Your current employees are the key players holding your company together through tough economic times, keeping your company surviving and even thriving—but only if you can keep them around. To boost employee retention and plan for a successful year: Why retention during a recession matters. Saying thank you is free!

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21 Effective Stay Interview Questions to Increase Employee Retention

Empuls

Employee retention is a key concern for any organization. High turnover rates not only disrupt productivity but can also be costly. While many employers focus on attracting new talent, retaining existing employees can be just as important. Over time, as you collect more data, you may notice some trends here.

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How to Create an Employee Value Proposition for Your Company

CoreCentive

It represents the unique combination of factors and advantages that make a company a desirable workplace for potential and current employees. A well-defined and compelling EVP helps attract top talent, create a positive environment, increase employee engagement and retention, and make your company the employer of choice in your industry.

Company 52
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FREE Employee Satisfaction Survey Template & 2023 Guide

Analytics in HR

High levels of employee satisfaction are typically linked to increased productivity , better employee morale, lower turnover rates , and greater business success. Employee satisfaction, also referred to as job satisfaction, is a measure of how content and happy employees are with their jobs and their workplace environment.

Survey 86
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How to Hire the Right People & How to Keep Them

Terryberry

Attracting and retaining talented employees is an age-old challenge for managers and leaders. This is because employee turnover can be a costly problem for businesses. In fact, it's estimated that each employee lost equates to a cost of 1.5 to 2 times that employee's annual salary. Create an action plan.