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What Is The Average Employee Retention Rate by Industry? [2021 Update]

DailyPay

This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? What is the average employee retention rate? SHRM predicts the annual turnover rate to be close to 19%, and also assumes that the average cost-per-hire to fill a position at $4,129.

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How to Manage High Employee Turnover in the Construction Industry

DailyPay

The following guest post comes from Handle— stress-free construction software that helps ensure your lien rights—and is part of our series of articles on turnover and employee retention rate by industry. There are several reasons for the high turnover in the construction industry. READ THE EBOOK. BOOK A FREE DEMO.