Here’s a statistic worth knowing: Nearly half of your employees might walk out the door tomorrow for one seemingly simple reason. Do you know what that is?
It comes down to whether or not a company thanks or praises them enough.
Organisations are losing their people because they’re failing at recognition. And it’s worth it to fix.
More than 90% of HR professionals agree that having an effective reward and recognition program helps has a positive effect on retention, while nearly the same amount agree that recognition drives business results.
But — and here’s the most important part — it’s only when recognition is done right that is has the impact that HR professionals (and employees!) are craving. Here’s a closer look at the reward and recognition frustrations that are costing you the secret to success: Your people.
Take a deeper dive into the recognition and reward frustrations in our latest press release.