Homebase
JUNE 22, 2023
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.
HRExecutive
MARCH 6, 2024
There’s no shortage of theories on the root causes underlying the increased rate of voluntary employee turnover. Advertisement - Guidance on improving employee retention largely focuses on organizational culture and management of feedback loops, particularly with new hires. The post Struggling with retention?
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HR Bartender
APRIL 10, 2018
With unemployment levels at historic lows, it’s no wonder that employee retention is a priority. A key factor in employee retention is onboarding. You could also use a metric like turnover. The rationale being that better onboarding should result in lower turnover. Thus, improving retention.
Cornerstone On Demand
JANUARY 26, 2015
Yet when evaluating a given company's worth, investors still rely on performance metrics that largely ignore an organization's brainpower. Think about the problem this way: A low turnover rate sounds like a good quality for any company, right? No wonder universal talent metrics are a touchy subject. A Nuanced Approach.
Bob
SEPTEMBER 21, 2023
Let’s look at how investing in an HR solution like Bob helps you demonstrate actual business value using five metrics intrinsic to today’s modern organizations: agility, efficiency, compliance, retention, and satisfaction. With Bob as your HCM, you can rest assured that your investment will be a smart one.
Analytics in HR
JULY 31, 2023
It includes reviewing organizational and HR metrics to measure HR initiatives’ effectiveness on business results. Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs. Executes effective talent acquisition processes to hire the best talent for the right position.
EmployeeConnect
DECEMBER 20, 2016
Better metrics and analytics are tools that wise managers use in context with personal information, progress reports, estimates of employee potential and other subjective insights. Who will use the reports? It’s important to use these reports to foster daily conversations.
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