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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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10 employee appreciation ideas to implement for 2023

Homebase

f your goals for 2023 are to increase productivity, motivation, and retention, we’ve got good news. Focusing on employee appreciation can accomplish all three. Finding it hard to believe that something as simple as employee happiness in the workplace can do all of that?

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Budget for Employee Engagement: 7 Tips for Setting Your Budget

Terryberry

What is an Employee Engagement Budget An employee engagement budget is a financial plan specifically allocated for initiatives and activities aimed at improving employee engagement within an organization. What to Consider for an Employee Engagement Budget Employee engagement can cover a broad range of initiatives.

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Crafting a Successful Employee Spotlight Program

Zenefits

Your business may choose to present a story highlighting an employee’s success and their journey to achieve results. Such employee appreciation programs can contribute to high morale, increased productivity, and increased business sales. An employee spotlight program has several benefits, such as: Employee retention.

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24 Best Employee Engagement Software Platforms

Semos Cloud

Therefore, employers are realizing that their priorities lie in preventing employee turnover and increasing employee engagement. High employee turnover . Low employee productivity . Nowadays, employees looking to change their jobs have more options than ever. New employee orientation .

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12 Thoughtful Employee Gift Ideas to Recognize Your Employees’ Work

Semos Cloud

Moreover, if they are printed and given in a nice envelope, they are a standalone gift that employees really cherish. . ?? Get our editable employee appreciation cards and customize them with one of these employee appreciation quotes! . A key to a good employee gift is to make it personal.

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10 Ways to Make November a Month of Employee Appreciation

Zenefits

The high price of low levels of employee recognition. When applicants are plentiful, you can afford a bit of turnover. Employees just want to be seen and valued. The low cost of employee appreciation. A simple thank you is often enough to reward and motivate employees. 10 ways to show employees appreciation.