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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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At Hudson County Community College, Inclusion Drives Recruitment and Retention

Cupa HR

Located in one of the densest and most ethnically diverse counties in the country, HCCC uses inclusive strategies to boost employee recruitment and retention. In the past, parents who were employees or students were confronted with unclear and inconsistent guidelines.

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

Analytics in HR

Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention. HR analytics : HR gathers and analyzes employee data related to employee performance, engagement, turnover, and other relevant metrics to make strategic decisions.

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What Is Talent Mobility and How HR Can Develop a Winning Strategy 

Analytics in HR

Talent mobility can boost your retention and employee satisfaction rates, making it vital to success. Increased diversity : Talent mobility encourages a diverse workforce, which is essential in the global economy. This can affect employee morale, productivity, and job satisfaction, leading to higher turnover rates.

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Go From Zero to Hero With Talent Attraction and Retention

marenated HR

For most companies, this period of decreasing levels of employee retention and higher rates of turnover brought on a hiring market that felt impossible to navigate to keep the upper hand. Here is how to go zero to hero with talent attraction and retention. You can read about it here. Or even here. Give the People What They Want.

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ISO Human Capital Reporting Guidelines

Auxillium West

Corporations must disclose, “Any human capital measures or objectives that the registrant focuses on in managing the business, potentially including measures or objectives that address the development, attraction, and retention of personnel.” Note that this standard is simply a guideline; it is not mandatory. Leadership.

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From efficiency to retention: 5 ways Bob helps you demonstrate business value

Bob

Let’s look at how investing in an HR solution like Bob helps you demonstrate actual business value using five metrics intrinsic to today’s modern organizations: agility, efficiency, compliance, retention, and satisfaction. With Bob as your HCM, you can rest assured that your investment will be a smart one.