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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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How to Retain Call Center Employees & Reduce Turnover

Empuls

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. According to Quality Assurance and Training Connection , call centers, on average, see an annual turnover rate ranging from 30% to 45%. High attrition rates have long plagued the call center industry.

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HR How-To: Fight Employee Turnover

Abel HR

If you’ve been around for a while, you know that one of our favorite topics is the concept of employee retention. With these high stakes in mind, we’ve identified six innovative strategies just about any business can employ to improve retention among its ranks. which we know is directly tied to employee retention.

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Creating a Retention-First Culture: Alternatives to Non-Compete Agreements

Extensis

Additionally, business leaders can boost retention by improving their benefits packages, workplace culture, internal advancement opportunities, and more. Diversity, equity, and inclusion (DEI) Over half of job seekers state that an organization’s DEI initiatives play a critical role in whether they choose to work there.

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How to Embrace Cultural Diversity to Enhance Team Engagement

Hppy

Cultural diversity is a vital component for fostering innovation, creativity, and a sense of belonging among employees. Embracing cultural diversity means recognizing and valuing the unique perspectives and experiences each team member brings. The benefits of embracing cultural diversity far outweigh the challenges.

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What is Team Diversity and Why Is It Important?

HR Lineup

In today’s globalized world, the concept of diversity has gained significant traction across various sectors, including the workplace. Team diversity, a crucial aspect of this broader dialogue, refers to the inclusion of individuals with varied backgrounds, perspectives, skills, and experiences within a team.

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How Can HR Contribute to Business Growth and Help Envision Future Success?

HR Digest

For years, HR teams have largely been delegated to admin tasks and rote hiring activities, but there are innumerable ways by which HR can contribute to business success. If HR teams fail to understand and respond to such information, it compromises the potential growth of a business.