Remove Career Development Remove Onboarding Software Remove Performance Management 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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5 Advantages of Internal Recruitment | ClearCompany

ClearCompany HRM

And it’s not all talk — one in two companies has a turnover rate of 15% or more , while one in five reports a rate of 30% or more. In addition to increasing retention, hiring from within your company has lots of other benefits. Plus, learn how cutting-edge talent management software can be your strategic ally. 47% of U.S.

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What are the 6 Stages of HR Digital Transformation?

HR Lineup

The traditional methods of managing personnel, recruitment, training, and performance evaluation are being reshaped by digital technologies. This transformation, known as HR digital transformation, is not just about adopting new tools; it’s a strategic overhaul that impacts the entire HR ecosystem.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Embarking on a career in human resources opens opportunities for you to support employee growth and drive organizational success. The demand for HR services and software continues to grow. When the candidate is finally selected, HR prepares the job offer and onboard them. And not only that.

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Performance Management: A Key to Employee Development and Retention

WorkDove

What Is Performance Management? According to the Society of Human Resources Management, performance management is, “the process of maintaining or improving employee job performance through the use of performance assessment tools, coaching and counseling as well as providing continuous feedback.”

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7 Must Haves in a Proven Talent Management Solution

ClearCompany HRM

Performance Management and Employee Feedback. Career Development and Pathing. Succession Planning and Leadership Development. Each piece of the talent management pie relies on other areas in order to work. Want to know the 7 unique components of total talent management? Formal and Informal Learning.

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What’s Keeping HR Up at Night in 2020?

HRExecutive

You see this in particular when looking at tech companies on the West Coast that have massive turnover.”. Employee turnover harms nearly every part of an organization: Sales. Another says, “We develop leading-edge custom business solutions. Our people MUST maintain capabilities and skills with the latest technologies.”.