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Appreciation in the Workplace: Why It Matters

Achievers

In the study, employees report that recognition is more effective at increasing their engagement, performance, and innovation than an additional bonus of five percent of their salary. Here at Achievers , we focus on the power of employee recognition. This doesn’t sound like child play now does it?

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Understanding the Power Behind Employee Happiness

Achievers

Research published by the Academy of Management Perspectives finds that “stronger emotional ties to the organization serve to significantly lessen the likelihood that employees would leave.” Furthermore, the cost of replacing an entry-level worker is 30 to 50 percent of their salary. Empower Employees.

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How to Spot Who’s Going to Quit Next

Achievers

Most of your company’s expenses are unavoidable, but employee attrition is one of the costs that you can have significant control over. Employee attrition can cost six to nine months’ worth of the departing worker’s salary, so it’s in your best interests to find ways to address employee attrition head-on.

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How to Identify and Retain Top Performers with Rewards and Recognition

Achievers

This statement is more than mere words residing on a wall, a website, or welcome pamphlet; it can serve as a dynamic tool for shaping your employee recognition program. By tying recognitions to your company’s core values, you can see which performers are embodying those values most authentically.

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How to Protect Your Company from High Employee Turnover

Achievers

Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. The dimensions of the problem.

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Turning New Hires into Engaged Employees – 3 Quick Tips for Success

Achievers

Studies on turnover estimate that when an employee leaves a company, it can cost the organization between 30 to 250 percent of that person’s annual salary due to factors like loss of productivity and other associated replacement costs. Look beyond money to drive desired behaviors.

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The Value of Employee Engagement

Achievers

Businesses with highly engaged workers have 70 percent fewer accidents than companies with poor employee engagement. Employee engagement goes beyond salary compensation. If employee engagement is so crucial, how do you nurture it? Like all emotional issues, it’s complicated.

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