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Why employee retention is important in the construction industry

Homebase

Skilled construction workers are reaching retirement age, creating a gap in the talent pool. This is why employee retention is important, especially for construction companies: as experienced workers retire, there’s a limited supply of younger workers with the necessary training, skills and experiences to replace them.

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21 HR Tools for Employee Engagement & Workforce Planning

Pingboard

Technological advances have transformed several industries, and HR is no exception. There are several tools available across multiple areas of HR that can make a huge difference in engagement, productivity, organization, and beyond. Employee Data Management. Payroll and Benefits Management. Intuit QuickBooks Payroll.

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Employee Benefits Management: Getting the Most Out of Your Benefits Plan

Netchex HR Blog

Because employee benefits can be complicated, and you need a centralized system to manage costs and adjust policies. Employee benefits management has several moving parts, but that complexity brings more opportunities for improvement. . When it comes to benefits, both legal compliance and employee satisfaction are important.

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27 employee appreciation messages and the meaning behind them

Achievers

Employee appreciation messages can make the difference between a motivated, high performing workforce and one that’s disengaged and looking for opportunities elsewhere. The best messages include specific details, come from the heart, and are delivered using a platform that allows other employees to double down on the initial message.

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Types of Employee Benefits: 12 Benefits HR Should Know

Analytics in HR

4 major categories of employee benefits Traditionally, employee benefits included medical insurance, life insurance, retirement plans, and disability insurance. However, employee benefit offerings of today have expanded well beyond this scope. These added incentives boost morale and make employees feel valued.

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How Your Enterprise Benefits From a Total Rewards Strategy

Semos Cloud

The most common employee benefits are: Healthcare coverage. Retirement plans. An employee benefits survey by Clutch found that 55% of workers think health insurance is the most important employee benefit. Since medical emergencies can be extremely high, many employees prioritize benefits over the annual salary.

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8 Service Anniversary Milestones Every Company Should Celebrate

Semos Cloud

And that directly translates into benefitting the company’s goals on a strategic level, with a long-term (innovation, agility, connection, belonging, team morale) and short-term impact (saving money on turnover and hiring and onboarding new employees, engagement, productivity). What are Service Anniversary Milestones?