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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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Onboarding and Employee Retention: A Match Made in HR

HR Digest

The association between onboarding and employee retention is a very strong but often forgotten one as companies prefer to finish the onboarding quickly instead of investing too much time in it. Your onboarding process is your introduction to a new champion of your organization—do not take it lightly.

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How Can HR Contribute to Business Growth and Help Envision Future Success?

HR Digest

For years, HR teams have largely been delegated to admin tasks and rote hiring activities, but there are innumerable ways by which HR can contribute to business success. reported that 63 percent of global workers would begin looking for a new job if they were not allowed to work remotely. In addition, Remote.co

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What is the Best Employee Onboarding Process

ExactHire

The benefits of effective employee onboarding are often overlooked. But, done correctly, onboarding will contribute to your organization’s financial health. By creating an effective onboarding plan, you’re also shaping your company’s culture into an environment that bolsters teamwork. First, consider your onboarding goals.

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15 Best Employee Retention Strategies in 2024

HR Stacks Blog

In this article, this is precisely what we are discussing as we dig deeper into the best strategies for employee retention that a company can adopt. After all, it is safe to infer that there is a direct link between employee retention and the success of an organization. Onboarding policies 10. Dynamic Work Arrangements 02.

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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Bureau of Labor Statistics reported that 50.6 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. This is why employee retention strategies are important. million U.S.