Remove Career Development Remove Data Remove Events 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? Employee turnover is when workers leave the business they work for.

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7 Best Practices for Onboarding in Healthcare | ClearCompany

ClearCompany HRM

Onboarding benefits your HR team, giving them a blueprint for how the process should go, and your people, preparing them for their new roles, and boosting retention, engagement, and performance. On top of that, high turnover isn’t unusual. turnover rate. That’s why effective onboarding for healthcare employees is so essential.

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Effective Strategies to Attract, Develop, and Retain Healthcare Talent

Sterling Check

In a survey conducted by Sterling’s Healthcare and Life Sciences , the top three priorities for HR leaders included increasing employee retention (68%), improving talent acquisition strategies (55%), and improving employee engagement (55%). 50% of companies implementing a formal onboarding strategy could see greater employee retention.

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Workforce forecasting: what it is and how to predict future needs

Homebase

Based on historical data, you know that this time of year tends to be bustling with customers. Using workforce forecasting, you can analyze factors like past sales, reservations, and upcoming events to estimate the increased demand. Minimized overtime and turnover Nobody likes working excessive hours or feeling burnt out.

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Avoiding Employee Turnover: Long-Term Benefits of a Happy Workforce

6Q

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. A high turnover rate is costly since you’ll have to replace employees who have quit the company. The good news is, you can implement strategies to reduce staff turnover. What is employee turnover?

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The “Great Retention”: It all starts with hiring

HRExecutive

Once the dust settled from an influx of reactionary hiring decisions, many companies found themselves in a troublesome position with a workforce of unqualified employees struggling to perform in their roles, consequently leading to low productivity, disengagement and high turnover.

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Employee Retention 101: Everything You Need to Know to Keep Your Best People

Empuls

Employee retention is crucial in this competitive market. Employee retention refers to an organization's ability to keep its valuable employees.   High turnover can also damage your company culture and employer brand.  But feedback shouldn't be an annual event.