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Performance and rewards in the future of work

HRExecutive

Most performance-management processes are also riddled with other problems. Mercer’s 2019 Global Performance Management Study found that only 2% of leaders believe their performance process delivers high value, only a half have goals at the business-unit level and fewer than 3% believe they have excellent feedback practices.

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Employee Service Awards: The Complete 2021 Guide

Fond

The metrics don’t lie: according to The Work Institute’s 2019 Retention Report , 38% of employees leave in their first year, and 78% leave within five years. As millennials have become the largest working demographic, companies have reacted by placing an emphasis on the importance of rewards and recognition over the last decade.