Remove Career Development Remove Employee Appreciation Remove Employee Engagement Remove Team Building
article thumbnail

Why employee retention is important in the construction industry

Homebase

The truth is there are tons of effective retention strategies you can implement at your business to reduce the turnover of your skilled employees. Create a performance-driven workplace—and reward your top performers Employee appreciation is more than just a “nice to have” at a business. Ask them—often.

article thumbnail

Top 12 Proven Employee Retention Strategies

Terryberry

Additional common reasons cited are: Lack of Recognition or Appreciation: Feeling undervalued or unappreciated for their contributions can be a major demotivator for employees. Burnout: Feeling overworked and overwhelmed can lead to burnout, which can cause employees to leave their jobs in search of a better work-life balance.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Additionally, the Edward Lowe Foundation reports that offering stock options as a bonus qualifies it as a profit-sharing plan, which is a system where companies share a specific portion of the net profit of the company, with its employees. Another employee retention example is paying attention to an employee’s career projections.

article thumbnail

7 Employee Motivation Strategies to Enhance Your Team’s Performance

Engagedly

Aside from having a clear sense of purpose, employees must learn how to work with each other as a team. You cannot simply force employees into team-building activities and make them understand teamwork. Le t employees figure things out and let things naturally happen. . Also Read: Virtual team building.

article thumbnail

10 Ways to Recognize an Employee of the Month

Homebase

A workplace with a company culture that supports employee recognition will experience better retention rates for top talent, increase employee engagement, and encourage team members to perform at a higher level. Is an employee of the month program a good idea?

article thumbnail

How to Hire the Right People & How to Keep Them

Terryberry

Laying the Groundwork for Employee Engagement Successful employee retention and engagement requires adequate groundwork. In order to determine if your organization is facing employee engagement and retention issues, research needs to be done. This is especially true for younger employees.

article thumbnail

The Ultimate Guide to Getting Employee Appreciation “Right”

Empuls

Appreciation, like love and fear, is one of the oldest and most primitive emotions that are known to humanity. And it has a surprising tint of employee appreciation in it—dating back 2600 years ago. What is Employee Appreciation? 41% of employees want more appreciation from their immediate co-workers.