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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 Engagement During COVID

Affinity HR Group

Gallup defines engaged employees as being “highly involved in and enthusiastic about their work and workplace.” Employees who are engaged help to improve and innovate the business and are not just watching the clock to collect a paycheck. The post Employee Engagement During COVID appeared first on Affinity HR Group.

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Budget for Employee Engagement: 7 Tips for Setting Your Budget

Terryberry

Just about every HR department today understands how important employee engagement is - but knowing how much to set aside for an employee engagement budget is a different story. Luckily, there are still some guidelines everyone can follow to ensure they're setting the right budget for their needs.

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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. They implement team-building activities, recognition programs, and employee surveys to promote employee engagement.

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How to Improve Employee Engagement in the Manufacturing Industry?

Empuls

At the moment, manufacturing companies are dealing with many challenges such as labor shortages, skill gaps, high turnover rates, and more. To soften these blows as much as possible, employee engagement in the manufacturing industry becomes critical. The percentage goes up to 36% for US employees.

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Best Employee Retention Ideas You'll Read in 2020

Vantage Circle

The cost of Employee Turnover goes farther than it appears. Apart from the cost of finding a replacement, hiring, and training, there are hidden costs involved such as the impact on productivity and team morale. Employee retention, therefore, is the top priority of HR managers everywhere.

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How HRs Can Help Create a Positive Work Culture?

Hppy

When employees feel supported, appreciated, and connected to the mission, vision, and goals of your organization, they become highly committed to their job roles. This, in turn, leads to improved productivity and reduced turnover rates, benefiting the company’s bottom line.