Remove Career Development Remove Onboarding Software Remove Reference 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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20 Strategies for Boosting Employee Retention and Productivity

EmployeeConnect

Employee retention is a critical issue facing companies in today’s competitive business environment. In this article, we will explore the causes of employee turnover, the benefits of employee retention, and the best practices and strategies for managing a successful and productive workplace.

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Workforce forecasting: what it is and how to predict future needs

Homebase

Hassle-free hiring and onboarding. All the tools you need to grow your team fast — like free job post templates, interview scheduling, new hire paperwork , welcome packets and more. By analyzing future business needs, you can be proactive in recruiting, training, and developing employees with the right skill sets.

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How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

Talent strategy (often referred to as talent management strategy or talent acquisition strategy) is essential if organizations want to ensure they have the right talent in the right place to meet their long-term financial, marketing and operational goals and objectives. The risks of not having a talent strategy in place are seismic.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for.

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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

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. This is why employee retention strategies are important. How to Improve Employee Retention? million U.S. million each month.

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What Is Human Resources?

Analytics in HR

As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. Human Resources also refers to the workforce or people employed in an organization. In this view, HR recognizes that employees are a company’s most critical asset.