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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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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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Top 12 Proven Employee Retention Strategies

Terryberry

Employee retention is a hot topic in the world of human resources. It's no secret that employee turnover can be costly for businesses - both in terms of money and lost productivity. Each lost employee equates to a cost of 1.5 Without engagement, retention becomes even more of a challenge.

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A Step by Step Guide to Employee Appreciation

Zenefits

Officially, Employee Appreciation Day is celebrated each year on the first Friday in March. But we know that employee retention and job satisfaction improve when your workers feel the love all year long. Employee attrition and retention are major problems in just about every industry.

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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. Do you feel appreciated and recognized in the company?

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10 Things a Good Manager Never Does

Achievers

Under-appreciate employees. Under-appreciated employees are usually unmotivated employees. A good manager uses a variety of techniques to demonstrate employee appreciation, including giving rewards and recognition. Ignore employee turnover rates. Take credit for their employees’ efforts.

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15 Employee Perks and Benefits Your Company Must Offer

Terryberry

Why Offer Employee Perks and Benefits? There are innumerable upsides to offering attractive perks and benefits to your employees: Happy team members will stick around longer, which means less turnover and money saved. Employee Appreciation Days. RELATED: 10 Employee Recognition Ideas. Wellness Programs.

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