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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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What Is Performance Management? The Complete Guide

Analytics in HR

Effective performance management helps organizations ensure that employees understand their roles, receive constructive feedback, and have the support they need to achieve their goals and business objectives. Let’s look at what performance management is, what the performance management process looks like, and some examples.

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How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

The right talent management strategy can move beyond typical activities such as talent acquisition and performance management to managing talent relationships and creating a more diverse and inclusive talent system. You can use historic trends in data as a baseline. How to develop a talent strategy 1.

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What are some best practices for talent management metrics?

Best Of HR

From employee mobility to net talent exporter, here are 10 answers to the question, “What are the most important talent management metrics, and why?” Peter Bryla , Community Manager, ResumeLab Turnover Turnover is the best talent metric because it provides a great level of insight.

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Navigating Uncertainty: The Strategic Imperative of Investing in People and HR Tech

Bayzat

Data-Driven Decision-Making In uncertain times, data becomes a valuable asset for decision-making. HR tech platforms offer robust analytics capabilities that provide insights into workforce trends, performance metrics, and cost projections. Gone are the days when HR was solely about paperwork and administrative tasks.

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People Analytics: The Key to Understanding Talent Retention

Hire Road

Talent retention is a critical aspect of HR. But they often struggle with: Identifying the root causes of high turnover Implementing effective strategies to boost talent retention But fear not! In this article, we’ll discuss how people analytics can transform your talent retention efforts. HR operations know this.

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How Data Cleansing Can Streamline Your HR Analytics

Hppy

In HR, data plays a crucial role in understanding employee trends, improving performance, and optimizing workforce management. However, the accuracy and reliability of HR analytics are heavily dependent on the quality of the data being used. This is where data cleansing comes into play. What is Data Cleansing?