Using Benefits to Improve Retention of Construction Employees
Using Benefits to Improve Retention of Construction Employees ''Employee satisfaction is a process, not a product''. Sunday , 16 Jan 2022 Employee retention is a critical issue for most construction businesses. But because employee satisfaction is a process, not a product , it pays to revisit the idea on a regular basis. One of the primary elements in the employee satisfaction equation is employee benefits. Satisfaction of employee is directly proportional to the progress (turnover )of the company. Many construction firms have well-established, comprehensive employee benefit programs. This is especially true for medium and large companies. But it’s less common with smaller firms and with younger contractors just starting out. EMPLOYEE BENEFITS ARE MORE THAN JUST HEALTH INSURANCE For those just getting started, let’s look at some basic definitions first. With all the attention on the Affordable Care Act and Repeal and Replace, it’s easy to get caught up in think...