Remove Certification Remove Employee Appreciation Remove Meeting Remove Retention and Turnover
article thumbnail

Why employee retention is important in the construction industry

Homebase

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? What is employee retention?

article thumbnail

40 Best Employee Appreciation Ideas in 2024

HR Stacks Blog

The last time someone told you they appreciated your work, it probably made an impression. However, employee recognition goes beyond making people feel good. Important company KPIs like engagement, retention, and productivity are greatly affected. The most crucial aspect of a successful company is employee appreciation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Lower Your Employee Turn Over Rate by Doing These 3 Things

Women of HR

Employers who experience high employee turnover lose a lot of time and money to new hire searches, interviews, onboarding and training. Although this problem is commonly seen in the retail sector, employee attrition can occur in any industry and any type or size of business. Celebrate Exemplary Work.

article thumbnail

20 Employee Appreciation Ideas That Will Make You Stand Out in 2024

Empuls

In today's fast-paced corporate world, where deadlines loom and meetings fill calendars, it’s easy to overlook one of the most crucial aspects of any successful business: employee appreciation. Employees: the heartbeat of an organization Employees are the heartbeat of any organization.

article thumbnail

The Ultimate Guide to Employee Rewards Programs

Terryberry

Setting the Stage for Employee Rewards Programs Employee reward systems continue to gain in popularity, and it's not just because they make people feel good. Research has proven that rewarding employees for their work can provide a number of benefits. Your initiative made this project go much more smoothly.'

article thumbnail

Lower Your Employee Turn Over Rate by Doing These 3 Things

Women of HR

Employers who experience high employee turnover lose a lot of time and money to new hire searches, interviews, onboarding and training. Although this problem is commonly seen in the retail sector, employee attrition can occur in any industry and any type or size of business. Celebrate Exemplary Work.

article thumbnail

Employee Recognition Program: Things You Need To know!

Vantage Circle

Non-monetary Rewards: These can range from verbal praise and certificates of achievement that make the employees feel valued and good for their work. Employee of the Month/Year: It is a type of recognition that acknowledges standout employees regularly for their performance or contributions.