Remove Career Development Remove Retention and Turnover Remove Staffing Remove Team Building
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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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The Hidden Cost of Quiet Quitting: Strategies to Address this Growing Trend

EmployeeConnect

The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. Recruitment and training expenses When an employee leaves quietly, the organisation may not realise they are short-staffed until it is too late. Here are some examples of hidden costs: 1.

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

Analytics in HR

Learning and development: HR helps with employee career development to help upskill employees and address skills gaps. HR is involved in designing and implementing these learning and development programs. Workforce planning: Optimizing a company’s staffing levels to prevent shortages and surpluses in the workforce.

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12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

Projections suggest that by 2025, there will be a deficit in the US of: 446,300 home health aides 98,700 medical and lab technologists/technicians 95,000 nursing assistants 29,400 nurse practitioners A notable number of healthcare professionals have exited the sector, leading to a severe staffing shortage for patient care. was about 15.9%

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People Analytics and HR-Tech Reading List

Littal Shemer

“Effectively and ethically leveraging people data to deliver real business value is what sets the best HR leaders and teams apart. It includes examples, such as employee engagement, performance, and turnover. It shows how to use the results to develop effective evidence-based HR strategies. Boudreau , Wayne F.

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How to reduce new hire turnover

Workable

This awkward situation is called new hire turnover. New hire turnover is common. Although there’s no explicit definition, “new hire turnover” usually refers to the number of employees who leave a company within their first year on the job. How to calculate new hire turnover. How to reduce new hire turnover.

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Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

7 Icebreaker Games for Work That Your Team Will Love. 35 More Team Building Activities To Create a Bulletproof Culture. Employee Retention and Benefits. HR Metrics: How and Why to Calculate Employee Turnover Rate? What’s Wrong With Retention Bonuses? Employee Turnover. Employee Retention.

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