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.
15Five
APRIL 4, 2024
Some businesses lean on their HR Information System (HRIS) to fulfill all of the needs of HR leaders, including gathering insights into employee performance… but an HRIS on its own is ill-equipped to manage the demands of effective performance management. Let’s take a closer look.
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Bob
AUGUST 2, 2023
Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. Employee turnover and retention Employee turnover and retention rates are two of the most crucial HR metrics a company can measure.
Genesis HR Solutions
DECEMBER 11, 2019
Looking into payroll companies in Massachusetts? But is a payroll company really all the help you need? Keep reading to find out whether your ideal solution is purely payroll, or if you might benefit more from a slightly different option (that still includes payroll services): a PEO. East Coast Payroll. ConnectPay.
PCS
JUNE 13, 2023
It leads to improved employee experience and retention while reducing turnover rates. The results of performance management and compensation system are merged in a centralized hub, making evaluation and reporting more accessible to the HR team. Employers are provided with a one-stop shop for all their requirements.
Analytics in HR
SEPTEMBER 7, 2023
Performance management : HR informs employees about their roles, gives constructive feedback , and provides support to help them achieve their goals. Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention.
15Five
APRIL 16, 2024
Without the best tool to help manage and measure employee engagement, you risk missing out on the benefits of a productive, motivated workforce. However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover.
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