Remove Employee Appreciation Remove Onboarding Remove Performance Management Remove Retention and Turnover
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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? What is employee retention?

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Employee Retention and Turnover Solutions

Bonusly

To solve employee turnover, we look at employee retention best practices and organization-specific strategies. Current best practice is to improve the employee experience in order to increase employee engagement and retention—and all the other great things that come with them, like improved business performance.

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eBook Preview: Employee Onboarding Meets Your Overall Management Strategy

15Five

When does the “ performance management ” of a new hire begin? Most leaders will tell you it takes place during those first days or weeks of a new hire’s arrival, when manager and employee sit down and establish goals. Employee onboarding is more than orientation. Click To Tweet.

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24 Best Employee Engagement Software Platforms

Semos Cloud

Therefore, employers are realizing that their priorities lie in preventing employee turnover and increasing employee engagement. High employee turnover . Low employee productivity . Nowadays, employees looking to change their jobs have more options than ever. Onboarding. Onboarding .

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Are You Using These 5 Proven Employee Retention Strategies?

Kazoo

Recently, Kazoo’s Director of Employee Experience sat down to discuss employee retention strategies in 5 Tried-and-True Ways to Boost Retention , a webinar based on the latest industry research and Kazoo’s first-hand experience with helping hundreds of organizations. Prioritize Appreciation.

Strategy 100
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8 Service Anniversary Milestones Every Company Should Celebrate

Semos Cloud

According to Training Folks , “the costs of losing an employee extend well beyond the financial burden to the company which studies have shown can be up to 16% of annual salary for high-turnover positions like with retail and up to 213% of annual salary for higher executive positions like a CEO.”

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Diversity and Inclusion In The Workplace: Benefits

Engagedly

Also Read: 5 Employee Appreciation Ideas For Your Remote Team. Also Read: Performance Management Software: Here’s Why You Need It. Higher Retention And Lower Turnover Rate. Research by Gallup estimates that the cost of replacing an employee is between one-half to two times an employee’s annual salary.