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3 Non-Monetary Incentives for Employees

Hppy

Employee appreciation is a great way to keep your staff motivated and elevate your employer branding. However, this isn’t the only way to appreciate your workforce. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation.

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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.

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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. Interviewing and Onboarding. Career Development. Employee Recognition. Employee Appreciation. 30 Simple Employee Holiday Card Messages. Onboarding.

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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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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.

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How to Hire the Right People & How to Keep Them

Terryberry

Because as much as we may not want to talk about pay, if your best employees aren't making enough, they simply can't stay at your company. On the flip side, a high salary alone won’t be enough to keep employees engaged and committed to the organization long-term.

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20 Ways To Use Video To Increase Employee Engagement

Contact Monkey - HR

Start by outlining the necessary details and explaining how it benefits employees. Employee onboarding video An employee onboarding video introduces new hires to the company culture, values, and expectations. A tour of the office or a message from the CEO can make new employees feel welcome.