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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?

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Guide To Drive Employee Recognition

Empuls

In its approach, the company successfully streamed employee satisfaction surveys, which showed an increase from 87.5% in 2005 and a turnover rate of 11.4%.      The above-mentioned case study testifies how well recognition plays a role in employee retention and helps scale employee productivity.  

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6 essential HR tools for small business owners

Homebase

But with the right HR tools and processes in place, you can still have a solid HR presence in your company. HR— aka Human Resources—is the business function that’s responsible for all things related to your people and employees. HR looks at metrics like employee engagement, happiness, and turnover. What is HR?

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Secrets to Recruiting & Retaining Great People in a Crazy Labor Market

DailyPay

Secrets to Recruiting & Retaining Great People in a Crazy Labor Market: More About on Demand Pay. Secrets to Recruiting & Retaining Great People in a Crazy Labor Market: More About On-Demand Pay. And technology is enabling real-time pay. I think most of you probably looked at employee benefits as just that, benefits.

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The Ultimate Guide to Employee Rewards Programs

Terryberry

In today's corporate climate, employee rewards programs are necessary to both retain and attract employees. People want to go where they feel appreciated for the effort they give. Not only do employee reward systems impact hiring, but they have a massive influence on the entire employee experience.

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Employee Recognition Program: Things You Need To know!

Vantage Circle

Delve into how to create a recognition program for your employees. The benefits of having a good employee recognition program. Various platforms that you can use to enhance your recognition efforts. What is an Employee Recognition Program? The cost of employee turnover can be significant, often estimated to be 1.5

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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.