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Why employee retention is important in the construction industry

Homebase

That includes providing opportunities for growth and development, recognizing and valuing employees’ contributions, and ensuring their well-being. This is why employee retention is important to the overall success of your business. At Homebase, we understand why employee retention is important.

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10 employee appreciation ideas to implement for 2023

Homebase

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? In this time of “The Great Resignation”, employees need more than a quick “thank you” as you ask them to pull yet another double shift.

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27 employee appreciation messages and the meaning behind them

Achievers

There are so many opportunities to say thanks at work, from a team member bringing in a great new coffee blend to a coworker going above and beyond on their latest project. Employee appreciation messages can make the difference between a motivated, high performing workforce and one that’s disengaged and looking for opportunities elsewhere.

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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Additionally, the Edward Lowe Foundation reports that offering stock options as a bonus qualifies it as a profit-sharing plan, which is a system where companies share a specific portion of the net profit of the company, with its employees. Team building activities are also useful employee retention strategies to emphasize engagement.

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Employee Recognition Event: Tips and Recognition Calendar

Vantage Circle

When employees don't feel appreciated, they start looking for opportunities elsewhere, and as a result, turnover rates rise. At this stage, retaining current employees becomes next to impossible. Moreover, the cost of hiring and onboarding new employees becomes hefty.

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How to Build Your HR + A List of the Best Tools for Your Company

Bonusly

Chances are, your team is not only responsible for payroll and benefits, but recruiting, onboarding and offboarding, culture and engagement—the works! Fortunately, there are tools out there to help make your job easier. Like… a lot of tools. How to build an HR tech stack. HR tools for recruiting and hiring.

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10 Best Employee Engagement Softwares in 2023

Empuls

Employee engagement software has emerged as a powerful solution in today's fast-paced business landscape, offering organizations a dynamic tool to foster a culture of engagement, collaboration, and productivity. What is an employee engagement software?