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Why employee retention is important in the construction industry

Homebase

When you start losing these valuable employees, it can mess with project timelines, the quality of the work, and overall productivity. Skilled construction workers are reaching retirement age, creating a gap in the talent pool. These folks have specialized knowledge and expertise that keep projects running smoothly.

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10 Things to Motivate Your Employees

6Q

That your remote employees have all the collaboration and communication tools they need for optimal productivity. Here are important tips for equipping remote teams. Employer-sponsored retirement plans: Every worker in the world wants to save for retirement, except that economic hardships usually get in the way.

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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Assessing Employee Retention Strategies Organizations need to seriously commit to understanding how to improve employee retention and then actively retain key employees to maintain the stability and productivity of their organization. This could include health benefits, time off, retirement assistance, etc.

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Marking The Moment: 9 Special Ways To Celebrate Employee Milestones

Vantage Circle

Retirement Retirement is a moment to honor an employee's contributions throughout the years, and it certainly calls for a ceremony! Achievements In Work-life Balance A healthy work-life balance is critical for employee well-being and productivity. 9 Ways To Celebrate The Different Employee Milestones 1. So, why wait?

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Avoiding Employee Turnover: Long-Term Benefits of a Happy Workforce

6Q

A high employee turnover can impact your company’s overall performance and productivity, as well as its bottom line. Employee turnover can either be voluntary (like when an employee resigns, retires, or transfers) or involuntary (like terminating an employee due to poor performance or as part of company wide layoffs). That’s not all.

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21 Ways to Improve the Employee Experience at Your Organisation

6Q

Among the many reasons why focusing the employee experience is now more important than ever, here are perhaps the two most critical: Positive employee experience is essential when it comes to competing for, hiring and retaining top talent, and; Workers who are happier and more satisfied in their jobs tend to be more productive and positive.

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Anti-Perks: How to Avoid Them and Get Employee Benefits Right for 2023

Zenefits

Raise productivity. employers provide healthcare plans ( 59% ) and many offer other practical benefits, like retirement plans. Also, benefits generally fall into the “traditional” or “practical” category of incentives, like heathcare coverage, retirement plans, and life insurance. Frequent team-building activities.