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How Employee Benefits Can Boost Recruiting, Retention, and Reputation

Netchex HR Blog

When you can’t always offer a higher salary than your competitors, a big difference maker can be found in your employee benefits. Recruiting and retention are areas that can be particularly boosted. High turnover is a nightmare for HR and productivity. Learning and Development Self-motivated workers want to continue learning.

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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 Turnover Rate: How to Calculate it (& Tips for Improvement)

Semos Cloud

Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. Many organizations today struggle with high employee turnover rates. July 10, 2020.

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10 Ways to Make November a Month of Employee Appreciation

Zenefits

When applicants are plentiful, you can afford a bit of turnover. A recent survey found 2/3 of 2,000 American workers polled feel underappreciated by their employer on a daily basis. Another 59% said they have never had a boss they feel truly appreciates their work. Employees just want to be seen and valued. Back to Vote.

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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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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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Employee Retention in Health Care: 4 Keys to Keep Your Best and Brightest

HR Morning

Because the current healthcare climate is heavily focused on meeting strict quality guidelines from the feds and payors while providing top-notch care, employee retention in healthcare is more critical than ever. Retention is difficult in the healthcare industry for several reasons – one of the most significant being employee burnout.