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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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Employee Onboarding vs Orientation: What's the Difference?

ClearCompany HRM

Onboarding and orientation are crucial parts of the employee experience that you may have heard used interchangeably. Are onboarding and orientation two clearly defined processes at your organization? Do you know the difference between #onboarding and #orientation? What is Employee Onboarding?

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The 5 Primary Costs of Employee Turnover and How to Manage Them

Zenefits

Employee turnover is typical for most businesses. A high turnover rate deals damage from multiple angles, from the expense of recruiting and training new hires to the loss of institutional knowledge and a tarnished reputation. businesses lose an astounding $1 trillion annually due to voluntary turnover. Training and onboarding.

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2024’s Best Scheduling Apps for your Small Business

Homebase

HR integration features When your scheduling app is integrated with your other HR processes—like processing payroll , approving and tracking time off , and monitoring absenteeism —it’s a gamechanger. Your timesheet approval process becomes more efficient and you can save hours of time on payroll. Plus: $59.95 per month per location.

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Guide to Hiring Employees in Ghana

Recruiters Lineup

Onboarding: Once the candidate accepts the job offer, the employer initiates the onboarding process, which involves integrating the new employee into the organization. This session may also cover administrative tasks such as filling out paperwork, setting up payroll, and obtaining necessary identification cards.

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Guide to Hiring Employees in Jamaica

Recruiters Lineup

Onboarding: The newly hired employee undergoes an onboarding process, which includes orientation, training, and familiarization with company policies, procedures, and workplace culture. Cultural Immersion: Companies often emphasize the importance of company culture during the onboarding process.

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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

What’s the biggest problem when it comes to employee turnover? No one owns retention! At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. What Is a Retention Specialist Exactly?