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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? Employee turnover is when workers leave the business they work for.

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What is Continuous Performance Management?

HR Lineup

In the ever-evolving landscape of business, traditional performance management practices have often fallen short in meeting the needs of modern organizations. In response to these challenges, a paradigm shift has emerged in the form of Continuous Performance Management (CPM).

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How To Develop A Performance Management System That Works?

Hppy

Are you frustrated about your current performance management system not helping you retain top talent or improve employee morale? Don’t worry, you’re not alone, 88% of organizations find traditional performance management ineffective and outdated. However, it’s not all bad news.

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The Future of HR: 15Five’s Spark AI and HR Outcomes Dashboard Unveiled

15Five

The performance management landscape is ripe for transformation — and industry experts agree. This is why we are so excited to announce the launch of a groundbreaking solution from 15Five that promises to redefine performance management as we know it.

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How to Create an Effective Performance Management Process

Astron Solutions

To avoid losing employees to The Great Resignation and in general, you have to create a solid performance management process. Doing so will help you continuously manage, evaluate, and coach your employees so that they want to continue working for your company. Performance Management: Frequently Asked Questions.

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People Strategy: What Is It and How to Make One

Engagedly

In this blog, we will explore all the people strategy elements characterized by talent acquisition, development, and retention. A people strategy is a comprehensive plan that outlines how an organization intends to manage and develop its workforce to achieve its business objectives.

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Employee Performance Management During COVID-19

Engagedly

Employee Performance Management is crucial for all organizations, as it is one of the key drivers for organizational success. But many organizations often confuse or mix it with an annual performance review or a performance appraisal. ‘ What Is Employee Performance Management? Feedback.