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Why employee retention is important in the construction industry

Homebase

That includes providing opportunities for growth and development, recognizing and valuing employees’ contributions, and ensuring their well-being. This is why employee retention is important to the overall success of your business.

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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.

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10 Ways to Recognize an Employee of the Month

Homebase

And while an employee of the month program should be part of a wider recognition program in your organization, it’s a classic for a reason. Is an employee of the month program a good idea? To make sure your employee of the month program is set up for success, stick to these four tips to avoid common pitfalls.

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20 Ways To Use Video To Increase Employee Engagement

Contact Monkey - HR

Employee appreciation video Celebrating employee achievements through appreciation videos fosters a positive work environment. For instance, a montage of team accomplishments over the year can boost morale. Employee value proposition video These videos communicate what makes your company a great place to work.

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What should HR focus on in 2023?

Best Of HR

HR should ensure that remote work is properly implemented and monitored, including the provision of necessary equipment and training, as well as the development of policies and procedures to ensure that remote workers are supported and productive. What are some new HR metrics? Submit your answer here. Related Questions.

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Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

7 Icebreaker Games for Work That Your Team Will Love. 35 More Team Building Activities To Create a Bulletproof Culture. HR Metrics: How and Why to Calculate Employee Turnover Rate? 20 Ideas for Funny Employee Awards. 8 Examples of Giving Positive Feedback to Employees. Career Development.

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10 Best Employee Engagement Softwares in 2023

Empuls

Pricing details can be obtained by contacting Culture Amp's sales team. Case studies: Questrade Financial Group used Culture Amp's Skills Coach to swiftly develop new leaders, employing micro-learning for skill enhancement and team-building. Pros Integrates employee recognition and wellness programs.