Remove Career Development Remove Performance Management Remove Retention and Turnover Remove Strategy
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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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Unlock business results: the power of employee performance management

Achievers

Here’s where employee performance management enters in – a crucial aspect of improving business performance. Key takeaways Employee performance management is a process of setting and tracking employee goals, evaluating performance, and recognizing contributions made. What is employee performance management?

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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.

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How to Excel with an Effective Internal Talent Mobility Strategy

hrQ

Crafting a Robust Internal Mobility Strategy To develop a robust internal mobility strategy, it’s essential to create: A clearly articulated structure Effective communication pathways Strong support from leaders An openness to organizational change For successful internal mobility, your business should create a clear job architecture.

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What is the Difference Between HRM and HRD?

HR Lineup

Human Resource Development (HRD): HRD, on the other hand, is a subset of HRM that focuses specifically on developing employees’ skills, knowledge, and abilities to enhance their performance and potential within the organization.

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

Analytics in HR

Performance management : HR informs employees about their roles, gives constructive feedback , and provides support to help them achieve their goals. Learning and development: HR helps with employee career development to help upskill employees and address skills gaps.