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.
Empuls
SEPTEMBER 29, 2023
However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. However, retaining top talent in your call center is crucial for maintaining customer satisfaction, reducing recruitment and training costs, and fostering a positive work environment.
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HR Digest
NOVEMBER 28, 2023
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. If HR teams fail to understand and respond to such information, it compromises the potential growth of a business.
Zenefits
JANUARY 13, 2023
Employees not having access to technology that can make their jobs easier. Lack of flexible work arrangements, such as remote or hybrid work solutions that can improve work-life balance. The goal of WFO is to identify the ones within your control and find solutions to improve employee performance. Increased retention.
Visier
NOVEMBER 12, 2019
Turnover, low engagement and lost productivity cost employers billions each year. This is felt most in fields like retail , hospitality and food service , where turnover rates among hourly employees range from 60% to 75% (compared to a more normal turnover rate of around 15%).
EmployeeConnect
MARCH 29, 2023
It can lead to higher recruitment and training costs, lower productivity and decreased morale among remaining employees. The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. Encourage team building activities, foster open communication and encourage teamwork.
Hppy
NOVEMBER 21, 2023
AI lеarning platforms can tailor dеvеlopmеnt opportunities and training based on individual goals, strengths and lеarning stylеs. AI features on networking platforms like LinkedIn help to streamline collaboration across teams and departments. AI is also transforming how companies help their tеam mеmbеrs grow profеssionally.
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