Remove Article Remove Career Development Remove Retention and Turnover
article thumbnail

Is Workforce Redeployment an Alternative to Layoffs?

Intoo USA

In this article, we’ll discuss: What is workforce redeployment? Workforce redeployment saves money and resources and increases retention Hiring consists of various costs (both monetary and human) to recruit, onboard, and train new employees. Can redeployment prevent layoffs? What are the benefits of redeployment?

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding employee turnover rates

Achievers

Employee turnover rates are a crucial metric for organizations to monitor, as they show how frequently employees leave the company. Beyond just tracking numbers, understanding turnover rates requires identifying the root causes of employee departures and developing effective retention strategies in response.

article thumbnail

11 Important Employee Relations Metrics To Track

Analytics in HR

Employee relations metrics measure employee engagement, satisfaction, and retention, as well as overall workplace culture. They provide valuable insights into various aspects of the employer-employee relationship, such as employee engagement, satisfaction, and turnover rates. HR tip Measure employee engagement often.

article thumbnail

Boosting Employee Engagement and Retention in Manufacturing

DecisionWise

Employee engagement and retention play a pivotal role in the success of any organization, and manufacturing companies are no exception. In this article, we’ll delve into strategies to enhance employee satisfaction, reduce turnover, and create a positive work environment within manufacturing organizations.

article thumbnail

20 Strategies for Boosting Employee Retention and Productivity

EmployeeConnect

Employee retention is a critical issue facing companies in today’s competitive business environment. In this article, we will explore the causes of employee turnover, the benefits of employee retention, and the best practices and strategies for managing a successful and productive workplace.

article thumbnail

What is Headcount Reporting? A Complete Guide for Employers

HR Lineup

This article serves as a complete guide to headcount reporting, covering its definition, importance, and best practices. Turnover Rates: Insights into the rate at which employees join and leave the organization. Hiring & Attrition Rates: Track the number of hires and separations to monitor turnover and gauge employee satisfaction.