Remove 2021 Remove Events Remove Retention and Turnover
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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? What is employee retention? The good news?

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Boese: 3 HR technologies that can help employers struggling to hire

HRExecutive

The second is the Job Openings and Labor Turnover Survey , better known as the “JOLTS” report. According to a February 2021 report from the Economic Policy Institute, 80% of the 9.6 This is where we learn about job gains and losses for the prior month, the overall unemployment rate, the labor force participation rate and more.

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5 Challenges Human Resources Is Facing in 2022 — and How to Overcome Them

Zenefits

Staff retention. Employee turnover has risen dramatically over the last 2 years, primarily driven by: Pandemic-fueled changes in workplace expectations. According to HireVue , 55% of employers have reported higher turnover in 2022 than in 2021. Staff turnover is problematic in several significant ways.

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Creating Employment Opportunities With Flex Manufacturing (i4cp login required)

i4cp

With 2021 annual sales of $16 billion, Land O'Lakes is one of the nation's largest cooperatives, ranking 232 on the Fortune 500. Open requisitions took more than 40 days to fill, and overall turnover for production staff exceeded 32%, with new hire turnover greater than 100% at some locations. Land O'Lakes, Inc.,

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Will there be a Great Resignation 2.0? Recruiting experts weigh in

HR Brew

While the Great Resignation may have felt like a once-in-a-lifetime event, as people moved to new jobs at record-high rates, there’s been some speculation that it could happen again, and soon. These days, you practically need a crystal ball to predict what will happen next in the labor market. What the naysayers think.

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2021 Employee Turnover and Retention Trends

Quantum Workplace

Retaining and recruiting top talent has become increasingly important, but difficult, after the tumultuous events of 2020. High turnover rates have pushed organizations to look for solutions to best retain their employees and attract top talent.

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7 Employee Engagement Strategies for 2022 | ClearCompany

ClearCompany HRM

Employee engagement is higher than ever — but even so, only 20% of workers globally are engaged, according to Gallup’s State of the Global Workforce: 2021 Report. Employee feedback — both given and received — is an extremely valuable tool for engagement, performance, and retention. They can also reduce turnover by 31%.