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Why Employee Recognition Matters

Achievers

Think carefully, because over 65 percent of employees report they don’t feel recognized at work. And lack of recognition just happens to be the number one reason why employees quit. Employee recognition drives employee engagement, and with higher employee engagement come lower turnover rates and stronger business results.

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5 Eye-Opening HR Stats: Why Employee Recognition Matters

Achievers

What defines an effective retention strategy varies from business to business, but there is one common element that has been found to work across most business types and sectors: employee recognition. Employees are loyal to careers, not jobs. Recognized employees are happy employees.

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How to Find Budget Dollars for Employee Recognition

HR Bartender

[Schmitter] I think the conversation is finally moving away from recognition not being important. More and more senior leaders realize now the opportunity that a strategic, social recognition program presents. The post How to Find Budget Dollars for Employee Recognition appeared first on hr bartender.

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Employee Recognition Event: Tips and Recognition Calendar

Vantage Circle

Employee recognition events go beyond mere celebrations; they are pivotal drivers of engagement, morale, and success. Thus, creating impactful recognition events requires thorough planning and exploration. Join us to elevate employee recognition and unleash your employees' full potential.

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4 Ways to Prevent Your Employees From Quitting

Achievers

Employee turnover, he points out, “costs companies a fortune,” and the numbers agree: Losing an employee in the first year of their tenure can cost your company up to three times the person’s annual salary. Wayfair CEO Niraj Shah identifies employee rewards and recognition as one of his three key ways for retaining employees.

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Recognize Your Employees and Strengthen Your Bottom Line

Achievers

In order to take employee recognition to the next level, however, and establish a company-wide system of rewards, you’ll need to be able to present the investment to your CEO or CFO in terms of the financial bottom line. Employee Recognition Is Key to Staying Competitive. Do you have any thoughts on this article?

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4 Ways to Reduce Employee Turnover and Improve Your Bottom Line

Achievers

It’s also worth mentioning that none of the following causes and solutions presented here exist in a vacuum—when an employee quits his or her job, it’s usually a reflection of many factors that led him or her to finally quit. That being said, what tools and initiatives will help you reduce employee turnover ?