Remove Guidelines Remove Retention and Turnover Remove Team Building Remove Wellness
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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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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Compensation and benefits : HR ensures that employees are well cared for by giving them competitive salaries and benefits. HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits.

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Budget for Employee Engagement: 7 Tips for Setting Your Budget

Terryberry

Luckily, there are still some guidelines everyone can follow to ensure they're setting the right budget for their needs. Here, we'll create a general guideline for creating an employee engagement budget and initiatives to consider. Be sure to identify areas that are working well and any areas where improvements can be made.

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Best Employee Retention Ideas You'll Read in 2020

Vantage Circle

The cost of Employee Turnover goes farther than it appears. Apart from the cost of finding a replacement, hiring, and training, there are hidden costs involved such as the impact on productivity and team morale. Employee retention, therefore, is the top priority of HR managers everywhere. Foster and promote wellness.

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Employee Engagement During COVID

Affinity HR Group

Higher engagement also results in lower turnover which is a crucial advantage in today’s tight labor market. After they return, continue to check in to make sure things are going well and make adjustments as needed. Gallup defines engaged employees as being “highly involved in and enthusiastic about their work and workplace.”

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How HRs Can Help Create a Positive Work Culture?

Hppy

HR professionals play a huge role in nurturing this culture and in this article, we can take a look at the role HRs play to improve productivity, engagement and overall employee well-being. This, in turn, leads to improved productivity and reduced turnover rates, benefiting the company’s bottom line.

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New Hire Orientation vs. Onboarding: A Complete Guide for Employers

HR Lineup

Policies and Procedures: Familiarize new hires with the company’s policies, such as attendance, leave, code of conduct, and other essential guidelines. Team Integration: Encourage new hires to interact with their team members and other colleagues. Explain any specific procedures they need to follow.