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Why employee retention is important in the construction industry

Homebase

Finding and keeping talented employees is an uphill battle for most hiring managers, regardless of the industry. You invest resources in hiring, training, and developing your workforce, only to see them walk out the door and into the arms of your competitors. When employee turnover is high, it means more employees are leaving.

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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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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. Career Development. Employee Recognition. Employee Appreciation. 30 Simple Employee Holiday Card Messages. 30 Simple Employee Holiday Card Messages. Leadership.

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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

Employee retention is a critical component of a company's success for many reasons - high employee retention reduces costs associated with recruiting and training new hires, leads to higher employee morale and loyalty, and results in greater productivity.

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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.

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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.