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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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The Retention Roadmap: Plotting Your Course to Proactive Employee Retention

15Five

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

Course 199
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15Five Wins Gold “Excellence in Technology” Award from Brandon Hall Group 

15Five

15Five is thrilled to announce we’ve won a 2023 Gold “Excellence in Technology” award from Brandon Hall Group, a leading professional development company for learning and talent executives and organizations. Our top prize recognition came in the category, “Best Advance in Talent Management Measurement/Business Impact Tools.”

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5 Steps to Choosing the Right Employee Engagement Software for Your Business

15Five

Without the best tool to help manage and measure employee engagement, you risk missing out on the benefits of a productive, motivated workforce. However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover.

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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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What are some best practices for talent management metrics?

Best Of HR

From employee mobility to net talent exporter, here are 10 answers to the question, “What are the most important talent management metrics, and why?” Peter Bryla , Community Manager, ResumeLab Turnover Turnover is the best talent metric because it provides a great level of insight.

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How to Excel with an Effective Internal Talent Mobility Strategy

hrQ

Positive outcomes include skill enhancement, increased employee engagement, retention of high-performing talent, and the creation of clear career advancement paths. This should alleviate individuals who are worried about contentment and decrease overall turnover rates.