Career Development Meeting Retention and Turnover Tools 
Homebase
JUNE 22, 2023
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.
FingerCheck
OCTOBER 19, 2023
A high employee retention rate is often a sign of a healthy business. Here, we’ll review what employee retention means, how it works, and how you can keep your best employees. What Is Employee Retention? Employee retention is the science of reducing employee turnover. What Are the Benefits of Employee Retention?
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ClearCompany HRM
APRIL 12, 2022
As workers continue to resign, the benefits of employee retention have never been so apparent and companies are naming retention a top priority this year. With 50% of CEOs saying that recruitment and retention are one of their biggest challenges in 2022, it’s time to turn to more creative ways to retain employees.
Cloverleaf
FEBRUARY 16, 2023
Or, your organization is faced with making difficult decisions about staffing levels and restructuring , which can lead to layoffs and increased turnover. By taking a proactive approach to managing labor turnover, businesses can minimize its impact and ensure the organization's continued success. Organizational loyalty is a real thing.
HR Digest
APRIL 9, 2023
Employee turnover is a common issue in most organizations. While a certain level of turnover is inevitable, high turnover rates can be detrimental to an organization’s performance, productivity, and profitability. Understanding Employee Turnover Employee turnover can be classified into two categories: voluntary and involuntary.
EmployeeConnect
MARCH 29, 2023
The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. This can ultimately impact the company’s bottom line by reducing productivity, increasing turnover, and damaging the employer’s brand. This can help break down barriers and encourage open communication.
HR Lineup
JANUARY 4, 2022
In this regard, we have prepared this article to take you through the 2022 employee turnover and retention trends. As a result, you will be able to comfortably manage your workers and reduce employee turnover. Offer Career Advancement Opportunities. Check in With Your Workers.
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