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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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Essential Tools for Modern HR Departments: Boost Efficiency and Streamline Processes

Hppy

The business world is in a constant state of flux, and with the pace of technological advancements, the need for modern HR departments has become crucial for organizations. In today’s world, an HR department requires tools and technology that enhance efficiency and streamline processes.

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From Compliance to Talent Management: The 15 Essential HR Responsibilities

Analytics in HR

Today, HR professionals play critical roles in policy development, onboarding, manager training, employee experience, digitalization, and much more. Employee development: Onboarding, training and development responsibilities 5. Talent management: Employee experience, engagement, and performance 6.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

The demand for HR services and software continues to grow. When the candidate is finally selected, HR prepares the job offer and onboard them. HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits. And not only that.

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What’s Keeping HR Up at Night in 2020?

HRExecutive

You see this in particular when looking at tech companies on the West Coast that have massive turnover.”. Employee turnover harms nearly every part of an organization: Sales. Another says, “We develop leading-edge custom business solutions. Our people MUST maintain capabilities and skills with the latest technologies.”.

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How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

The right talent management strategy can move beyond typical activities such as talent acquisition and performance management to managing talent relationships and creating a more diverse and inclusive talent system. Who is likely to be promoted, retire, be made redundant or exit the business over the next year?

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HR Technology: Empowering Businesses and Employees

Tandem HR

Welcome to the world of human resources or HR technology , where hardware and software join forces to revolutionize people process management. It’s not just about payroll and benefits anymore – HR technology is breaking new ground. Onboarding Efficient onboarding is vital for a positive employee experience.