Homebase
JUNE 22, 2023
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?
Bonusly
JUNE 13, 2018
Do you know how many employees you lose each year to turnover? Although most companies keep track of employee turnover, many fall short when they try to understand its causes and costs in a meaningful way. Do you know how much employee turnover costs you each year? Why is employee turnover expensive?
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Semos Cloud
JULY 10, 2020
Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. Many organizations today struggle with high employee turnover rates. July 10, 2020.
HR Morning
SEPTEMBER 10, 2019
Because the current healthcare climate is heavily focused on meeting strict quality guidelines from the feds and payors while providing top-notch care, employee retention in healthcare is more critical than ever. Retention is difficult in the healthcare industry for several reasons – one of the most significant being employee burnout.
Sterling Check
APRIL 13, 2022
The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. The current staffing backlog, combined with accelerating demand, is a challenge on its own, but other factors make streamlining the hiring process even more critical. Retention Strategies are a Must.
Rise
NOVEMBER 11, 2021
They found that mid-career employees or those between “30 and 45 years old have had the greatest increase in resignation rates, with an average increase of more than 20% between 2020 and 2021”. While many people are faced with hiring woes, the real issue according to CNBC is retention. better offers) rather than push factors (e.g.
Semos Cloud
JULY 10, 2020
Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. Many organizations today struggle with high employee turnover rates. percent. . ??
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