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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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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. According to Quality Assurance and Training Connection , call centers, on average, see an annual turnover rate ranging from 30% to 45%. High attrition rates have long plagued the call center industry.

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Attrition versus turnover: What’s the difference and why does it matter?

Insperity

What do you think of when you see the terms “employee turnover” and “employee attrition?” For many of us, these phrases call to mind workplace dysfunction, job losses or even confusion, because turnover and attrition are closely related ideas. What is employee turnover? So, the turnover rate in this example is 21.62

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Four Ways to Achieve Better Employee Retention in Healthcare??

Sterling Check

According to a recent NSI Nursing Solutions report , the turnover rate in hospitals now stands at 25.9%, resulting in the average hospital losing between $5.2M-$9.0M each year in associated turnover costs. Addressing employee retention can help lower costs associated with hiring, boost employee morale, and reduce turnover.

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The HR Terms Glossary

Visier

Computer systems designed to mimic human intelligence. Examples include sales targets, customer retention, and increased profitability. Identifying key characteristics of a group of similar people over time. Employee Retention. Employee Turnover. Some examples of HR metrics are: revenue per employee, or turnover.

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How Physician Employment Is Changing — and What It Means for Healthcare Systems

Precheck

How Physician Employment Is Changing — and What It Means for Healthcare Systems Jul. Healthcare networks loom large on the medical horizon, but many groups are having to learn how to operate these massive conglomerates as they grow. Despite the goal of centralization, many healthcare systems are experiencing fragmentation.

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6 Reasons Why You Need an Applicant Tracking System | ClearCompany

ClearCompany HRM

We’ve talked about what Applicant Tracking Systems (ATSs) are , how to choose the right one for your organization, and some major benefits of using an ATS. We’re taking a closer look at six reasons to use an applicant tracking system in today’s post. Step up your recruiting and hiring game with an applicant tracking system.