Remove Employee Appreciation Remove Events Remove Retention and Turnover
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What You Need to Know About the Cost of Employee Turnover

Bonusly

Do you know how many employees you lose each year to turnover? Although most companies keep track of employee turnover, many fall short when they try to understand its causes and costs in a meaningful way. Do you know how much employee turnover costs you each year? Why is employee turnover expensive?

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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 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.

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10 Ways to Show Employee Appreciation All Year Long

Bonusly

Showing gratitude is important for wins in your business, but great workplaces find ways to show employee appreciation all year long. Here are some ways that you can build trust and a connection with each employee throughout the year! Variety and creativity are essential components of employee appreciation and rewards programs.

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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. Here are some of them: .

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10 Top Summer Employee Appreciation Ideas You Can Implement to Boost Morale

Empuls

  That’s why implementing summer employee appreciation initiatives is crucial to keeping morale high and fostering a positive work environment. Increases retention and employee satisfaction: Employees who feel valued are more likely to remain loyal to the organization.

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Moments that Motivate: Why Showing Employee Appreciation is the Gift that Keeps on Giving… Especially in Today’s Virtual and Hybrid Workplaces

Sterling Check

Can you put a value on employee appreciation? ” It’s not just talent retention that gets a boost. ” It’s not just talent retention that gets a boost. When employees feel appreciated, employee satisfaction, engagement, and productivity climb, leading to better customer experiences as well.