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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 reboarding and how it can boost retention rates

Workable

We already know that onboarding could lead to a 70% reduction in new hire turnover within the first year, so we can imagine how effective it could be for reboarding. Retention and turnover Effective reboarding strategies are also linked to improved retention rates. Why is reboarding important?

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6 Must Have Features of A Performance Management Software

Engagedly

With employees working from home for the past few months now, it has become essential for every organization to have a performance management software to manage their employees. It will not only help you track your employee’s performance but will also help in increasing their productivity and getting the best out of them.

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Employee Engagement: HR Tips to Motivate and Inspire Employees

Netchex HR Blog

Use multiple indicators that you can track over a longer period: Performance management Collect the right data from performance management reviews. Schedule regular 1-1s and performance reviews that include clear objectives and goals to achieve better employee engagement.

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Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

Performance Management. 100 Useful Performance Review Phrases. 7 Icebreaker Games for Work That Your Team Will Love. 35 More Team Building Activities To Create a Bulletproof Culture. HR Management and Planning. Employee Retention and Benefits. What’s Wrong With Retention Bonuses?

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HR Supercharged: How Modern Tech is Changing Work

ClearCompany HRM

The best talent systems now have talent forecasting tools to show when a role may see turnover or when to start planning for successions. HR teams are accomplishing this by integrating their performance management data back into the hiring process in order to hire more great employees. Experiment with Relevant Tools.

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10 Key Strategies You Need to Know to Enhance Employee Experience Management

Vantage Circle

Cost Savings : Improved employee experience reduces recruitment costs associated with high turnover and absenteeism while increasing organizational performance. Team Building Activities Team building activities are pivotal in enriching the overall employee experience within a company.