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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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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. The incessant revolving door of call center employees has long been a point of concern, and addressing it has become more critical than ever. It comes down to the nature of the job: 1.

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Harnessing AI for Employee Engagement and Strategic Talent Management

Hppy

Image by Freepik Innovative AI-Driven Employee Engagement Strategies Artificial intеlligеncе is opеning up nеw ways to understand and connect with employees on a more personalised lеvеl. Armed with this knowledge, they can take steps to proactively tailor interventions and retention strategies accordingly.

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The Hidden Cost of Quiet Quitting: Strategies to Address this Growing Trend

EmployeeConnect

Understanding the Cost of Quiet Quitting When employees leave quietly without providing any notice or reason, it can be difficult for the organisation to prepare for their departure and find a suitable replacement. It can lead to higher recruitment and training costs, lower productivity and decreased morale among remaining employees.

Strategy 130
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Employee Engagement and Retention – Are They Connected?

Terryberry

Employee engagement and retention are frequently associated with each other. During the Great Resignation , organizations began to take an in-depth look at their engagement, retention, and recruitment strategies. Companies should focus on driving performance and retention through employee engagement.

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Everything You Need to Know About Workforce Optimization

Zenefits

It gives you the information you need to strengthen employee service delivery and customer satisfaction. Increased retention. By taking the necessary steps to keep your employees engaged and satisfied at work, you give them a compelling reason to stay with your company. This ultimately lowers your turnover rate and costs.

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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. Here, we'll create a general guideline for creating an employee engagement budget and initiatives to consider.