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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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Top 4 Performance Management Trends of 2023 | ClearCompany

ClearCompany HRM

This post was originally published in January 2021 and updated to reflect the latest performance management trends in March 2023. Several weeks into 2023, we have some hindsight on performance management trends in 2022 and a good idea of what to expect this year. Is your company practicing #reskilling?

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What Makes a Good Performance Management System for HR?

ClearCompany HRM

Technology has quickly become a necessity for handling every function of HR, including performance management. If you’re part of the majority of HR professionals upgrading your team’s software tools, consider adding performance management software to the toolkit. via Gallup).

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7 Surprising Benefits of Employee Turnover | ClearCompany

ClearCompany HRM

According to HR Executive, 86% of HR leaders say they’re putting more effort into employee engagement to improve retention this year. So, HR is in overdrive, calculating employee turnover rates and strategizing long-term engagement and retention plans. But turnover is inevitable — and in some cases, it’s not all bad.

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The Retention Roadmap: Plotting Your Course to Proactive Employee Retention

15Five

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”.

Course 205
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Unlock business results: the power of employee performance management

Achievers

Here’s where employee performance management enters in – a crucial aspect of improving business performance. Key takeaways Employee performance management is a process of setting and tracking employee goals, evaluating performance, and recognizing contributions made. What is employee performance management?

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What is the Performance Management Cycle?

ClearCompany HRM

According to Gallup , only two in 10 employees say they are motivated by current performance management methods. If performance reviews are the first thing that pops into your head when you think of performance management, your process might need a little TLC — there’s a lot more to performance than reviews.