Remove Employee Appreciation Remove Retention and Turnover Remove Retirement Remove Team Building
article thumbnail

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?

article thumbnail

Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What makes a good workplace that gets employees to stay?

Insperity

What does it take to encourage employees to stay and, as a result, accomplish high retention rates and mitigate turnover costs ? Bureau of Labor Statistics (BLS) 2020 Employee Tenure Summary , the median tenure for U.S. According to the same BLS Employee Tenure Summary, the median tenure of workers ages 55-64 was 9.9

article thumbnail

The 2021 Guide for Employee Service Awards

Semos Cloud

As one of the most common employee recognition practices, employee service awards confirm all the benefits of employe e appreciation , such as boosting motivation, productivity and morale in the workplace. . I mproving employee retention rates . 10 Messages to Thank Your Employees for their Years of Service