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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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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

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Expense-Free Employee Appreciation Ideas That Really Work

Rise

almost 50% of employees feel underappreciated at work. Team retention is a growing concern for people and culture leaders, but the solution to high turnover rates might be simpler than you expect. Employee appreciation makes the difference for team members. Give them your parking spot for a month.

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The 2021 Guide for Employee Service Awards

Semos Cloud

As one of the most common employee recognition practices, employee service awards confirm all the benefits of employe e appreciation , such as boosting motivation, productivity and morale in the workplace. . I mproving employee retention rates . 10 Messages to Thank Your Employees for their Years of Service

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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.

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Employee Appreciation Week 2024: Celebration Ideas for Boosting Team Spirit & Recognizing Our Rockstars

Empuls

Employee Appreciation Week is a dedicated time to recognize and celebrate the invaluable contributions of the heartbeat of any organization: its employees. This week serves as an annual reminder for employers to express gratitude for the hard work, dedication, and passion that employees bring to their roles every day. 

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A Complete Guide to Employee Engagement for 2020

CuteHR

Such an employee is emotionally engaged at delivering results and hence contributes to increased productivity. Increased Employee retention. A Happy Employee is an engaged and retained employee. Sound employee engagement initiatives promote happy and healthy workplaces. Promotes Better Brand Building.