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. 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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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.
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.
Visier
NOVEMBER 12, 2019
The staffing run-up to the holiday shopping season is a stark reminder of how vital seasonal, contract and hourly workers are. Turnover, low engagement and lost productivity cost employers billions each year. UPS is currently hiring 100,000 workers , and Target is bringing in another 130,000.
EmployeeConnect
MARCH 29, 2023
The cost of employee turnover resulting from quiet quitting may impact the organisation’s bottom line. Recruitment and training expenses When an employee leaves quietly, the organisation may not realise they are short-staffed until it is too late. Here are some examples of hidden costs: 1.
Semos Cloud
JULY 10, 2020
Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. Many organizations today struggle with high employee turnover rates. What Is Employee Turnover .
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