Remove Career Development Remove Employee Appreciation Remove Onboarding 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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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

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10 Things a Good Manager Never Does

Achievers

Under-appreciated employees are usually unmotivated employees. A good manager uses a variety of techniques to demonstrate employee appreciation, including giving rewards and recognition. Discourage enthusiastic new hires by neglecting a formal onboarding program. Ignore employee turnover rates.

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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.

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Employee Reviews: 5 Reasons to Rethink Annual Performance Reviews

Semos Cloud

Employee development is beneficial for company’s success as well as for individual employee’s career. Developing employees is a stra tegic way to grow organization, improve productivity and decrease employee turnover. Reducing employee turnover . By Sara Ana Cemazar.

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Employee Development: 8 Ways to Drive Continuous Employee Growth

Semos Cloud

Employee development is beneficial for company’s success as well as for individual employee’s career. Developing employees is a stra tegic way to grow organization, improve productivity and decrease employee turnover. Reducing employee turnover . By Sara Ana Cemazar.