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Employee Recognition & Retention Statistics for 2022

Fanclub Recognition

They’re happy as long as they get paid at the end of each month, right? 44% of employees switch jobs because of not getting adequate recognition for their efforts. Companies with effective recognition programs have 31% lower voluntary turnover. Employers can retain more than half of the employees simply by fostering a strong recognition culture. 91% of HR workers agree recognition and reward has a positive effect on employee retention.

[Report] 3 New Global HR Trends from Globoforce & RES Forum

WorkHuman

If you’ve been following the Globoforce blog these past few months, you may recall that we recently published a report with findings from the 2016 SHRM/Globoforce employee recognition survey. The report is packed with new insights on workforce challenges from HR leaders and practitioners in the United States. Do these trends in employee recognition, performance management, retention, and engagement look different outside of the U.S.?

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How to Find Budget Dollars for Employee Recognition

HR Bartender

Sometimes as much as HR and the organization want to create and implement a program, the resources simply aren’t available. I thought about this as I was planning my agenda for this year’s WorkHuman Conference , pioneered by Globoforce. Check out the promo code at the end of this post for a discount.). Rob, I’d like to think that everyone understands recognition is important. What’s the one statistic that can help companies start to consider formal recognition?

Celebrate Your Employees: Employee Recognition At Its Best

Hppy

Research shows that it can be better to express gratitude than to receive recognition. Not only do recognition and gratitude have positive impacts on the health and well-being of employees, they can also increase engagement. Companies who have employee recognition programs have engagement levels over 71% higher than companies without recognition programs. The programs motivate employees and boost satisfaction. Making employee recognition work.

#Employee Feedback Is The Killer App #HR

TalentHQ

A new market has emerged: Employee feedback apps for the corporate marketplace. These tools are powerful and disruptive, and they have the potential to redefine how we manage our organizations. As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. As attention shifts toward the health and happiness of staff, employee engagement remains surprisingly low. Systems let you self-rate your own comments.

Globoforce Announces Enhancements to Conversations, and Life Events

WorkHuman

September 12, 2018 | Globoforce Press Release. DUBLIN and LAS VEGAS – September 12, 2018 – Globoforce ® , a leading provider of human applications, today announced enhancements to Conversations ® , its continuous performance development solution, and Life Events , a solution that creates an easy way for colleagues to connect by celebrating each other’s most meaningful personal milestones such as marriages, babies, or graduations. About Globoforce.

9 Mistakes To Avoid In Your Employee Recognition Program

Vantage Circle

Employee recognition should be an integral part of your company’s overall strategy. But that doesn’t mean that any employee recognition program will do the trick. 72% of businesses agree that recognition impacts engagement positively.

9 Mistakes To Avoid In Your Employee Recognition Program

Vantage Circle

An employee recognition program should be an integral part of your company’s overall strategy. But that doesn’t mean that any employee recognition program will do the trick. 72% of businesses agree that recognition impacts engagement positively.

The Woodstock For HR

China Gorman

The competitive world of HR Conferences may be changing forever. Innovation is happening in this space – from stronger SHRM state conference offerings, to an additional HR technology-related conference ( HR Tech World ) being introduced in the U.S,, to other new entries – all designed to disrupt the usual HR conference offerings and deliver greater value to attendees. Heck, it isn’t even our HR conference. They were front and center at all times.

Top 25 Employee Recognition Statistics Leaders Need To Know

Vantage Circle

The benefits of employee recognition and its connection to successful business outcomes may be intuitively obvious to you as an HR manager. But you’d want to have some persuasive employee recognition statistics by your side to back your point. Source : Globoforce.

The importance of employee recognition

Interact-Intranet

The importance of employee recognition is often overlooked – are you aware of the impact? Employee recognition is essential for motivating, retaining and fully engaging our employees. Now, employees expect – and respond – to the same approach when it comes to recognizing their contributions within the workplace. This means the days of annual appraisals and salary as the sole driver for employees are behind us. Source: HR Council.

What’s the Key to Talent Retention? Human-Centered Approaches, Says SHRM/Globoforce Report

HR Daily Advisor

HR leaders are using human-centered approaches in the workplace, which may help resolve retention, recruitment, and culture management challenges, according to a new report released by Globoforce ® , a provider of social recognition and continuous performance development solutions, and the Society for Human Resource Management (SHRM). Among HR leaders surveyed, 80% say their organization currently has an employee recognition program.

With Globoforce on Social Recognition

Strategic HCM

I’ve just been attending an event with Globoforce and the Conference Board on social recognition. I’ve been a long supporter of Globoforce’s work on recognition, eg this webinar we did together, and also my support for their book – see this endorsement (which I still support) printed at the start of this: “Recognition is a hugely underused and badly misused HR and management tools. Events recognition Social media Social networks

Why Grassroots Gratitude is the Employee Recognition of the Future

RecogNation

As an HR professional, how many times have you been asked about your company’s culture by an interviewee? Here’s how: Gratitude, Appreciation, Recognition… Engagement. Those are buzz words in every HR/Manager meeting these days and they’re usually followed up by one question: How do we get more – for less ? Empower employees to get in the driver’s seat. Whose job is employee engagement? Give them the tools to do the job.

How to Start a Peer-to-Peer Recognition Program + Employee Recognition Ideas

Pingboard

You may have heard how beneficial peer-to-peer recognition is in giving color to employee performance reviews. But an established peer recognition program increases employee happiness, engagement, and collaboration, making the office a more enjoyable and productive place for everyone.

Talent and HR News Weekly Update: Employee Recognition Trends

exaqueo

“People work for money but go the extra mile for recognition praise and rewards.” This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. 1) Trends in Employee Recognition from HR Trend Institute Employee recognition programs, once considered a “nice” but non-essential component of human resources, have changed dramatically over the past five years.

Cafe Classic: 3 Lessons for Truly Global Employee Recognition & Rewards Programs

Compensation Cafe

Editor's Note: Going global with your recognition and rewards programs? This is a very broad example of unintended consequences from artificially controlling currency, but there are lessons we can learn about globalization of programs, especially those that impact compensation, recognition and rewards. I’ll leave compensation impacts to my Café colleagues who are true compensation professionals, but I’ll dive into three clear lessons for employee recognition and rewards.

How Technology Will Transform the HR Organization

Everwise

HR professionals are ultra savvy about employees’ needs and how companies can use technology to increase retention, and down the line, boosting corporate profits. Indeed, the proliferation of HR tech startups gives a sense of how mainstream this use of technology is becoming. Arriving technologies will also be used to change how the HR function itself will be undertaken. They assert that this positive feedback circuit boosts employee satisfaction.

Using Technology to Improve Engagement and Boost Productivity

Hppy

Last year, the multinational professional service firm Deloitte conducted a survey that revealed that developing workplace culture and increasing employee engagement are the top priorities for Human Resource leaders. However, in spite of this employee engagement still continues to be a big problem. Recently, a Gallup study found out that only around 30% of employees say they are completely engaged in their workplace. What Exactly Is Employee Engagement?

Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Features of Employee Engagement Tools. Employee perks: Employee discounts.

HR TechStack – Employee Engagement Software

WhoKnows

Employee Engagement Software Definition. Employee engagement software helps organizations solicit and track feedback from their employees, recognize employee achievements, and promote positive activity. Employee engagement tools are used to draw actionable insights from employee feedback. Promote employee recognition through internal communication channels. The HR TechStack for Employee Engagement Software.

5 Employee Appreciation Ideas For Your Remote Team

Engagedly

Positive feedback like this will keep your employees motivated and encouraged. It helps employees to take pride in what they do and take ownership of their work. Additionally, it improves the productivity of employees and keeps them engaged. Peer-to-Peer Recognition.

Integrate Zoho People with third-party apps effortlessly

Zoho People

Operating your business with different software applications that don’t communicate well together often wastes time and results in process inefficiencies. Your employees may also not enjoy having to log in to ten different applications to get a single job done.

2 Things to Get the Most Out of Employee Recognition Programs

Compensation Cafe

Recognizing and appreciating employees for efforts, behaviors and results in line with what matters most to your organization is guaranteed to get positive results. But getting the most out of employee recognition programs requires empowering all employees to fully participate in recognition and giving managers actionable oversight of recognition itself through metrics and dashboards. 1) Trust Employees with Full Peer-to-Peer Recognition.

[Webinar] Stepping Up Global Recognition at Schneider Electric

WorkHuman

In the five years we’ve conducted the SHRM/Globoforce Employee Recognition Survey, employee retention/turnover has nearly doubled as a top concern for HR professionals. In an article for “Forbes” on 2017 workplace trends , WorkHuman speaker Dan Schawbel rightly predicted that the war for talent would heat up this year, writing: “The average tenure for employees, regardless of age, is a mere 4.6 The webinar will take place Tuesday, April 18 at 11 a.m.

Let’s Stop Calling Them “B-Players”

RecognizeThis!

All employees contribute to the success of the company, just maybe not from center stage. I’ve been working in this space at the intersection of people, HR, technology, and appreciation for many years now. In that time, I’ve seen, heard and read many different attitudes and approaches for how to motivate others, how to manage talent, how to rank employees based on skills and performance, etc. How does your organization think about employee classification?

Recognizing People: A Recap of the WorkHuman Conference

Compensation Today

Not surprisingly, there was a lot of focus on the human and employee experience at the WorkHuman conference. A number of presenters shared projects that had impact on employee experience within their organizations. Josh Bersin, of Bersin by Deloitte , urged HR professionals to embrace automation and jump into the fray. HR has the know-how to build jobs and identify the new skills necessary to dovetail humans with technology. Globoforce).

Is HR an Art or a Science?

WorkHuman

Do we use our left brain or right brain more in HR? Is HR more about squishy, feel good moments or the cold, hard metrics behind the madness? It’s a little bit of both, according to HR influencer and WorkHuman speaker John Baldino. You may recall he hosted a webinar with us last summer on the Power of Feel Good Recognition Moments. Can you tell us a bit about yourself and your work at Humareso? Why is recognition so important to building a human workplace?

"Thanks" Is the Killer App for Feedback

Compensation Cafe

In my last post , I shared research from Bersin by Deloitte: “Becoming irresistible: A new model for employee engagement.” Earlier this week Josh Bersin, author of the original report, published a follow-up article in Forbes: “Employee Feedback Is the Killer App: A New Market Emerges.”. The Employee Engagement Challenge. Why is there such a wide variation in employee engagement and retention? The Solution. Create feedback systems, not surveys.

The Manager’s Role in Building Morale at Work

Bonfyre

Managers should be intentional with communications and recognition if they’re committed to building morale at work. Relationships are a major driver of positive employee experiences, and the relationship we have with our managers is arguably one of the most important professional connections there is. That’s why it’s essential for managers to give support and appreciation to their employees if they want an engaged, satisfied workforce.

6 Hot Digital Workplace Trends from Gartner

WorkHuman

From initial hire through onboarding and continuous development, cutting-edge, easy-to-use technology continues to be at the center of a positive work experience. HR and/or IT groups are often responsible for introducing and integrating these new technologies into the greater organization. Are you curious which technology categories are being adopted more rapidly than others, and which benefits they provide? 5 Tips for Launching a Social Recognition Program.

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5 Human Truths in the Modern Workplace and How to Address Them

RecognizeThis!

I had the pleasure and honor of speaking again this year at SHRM’s 2015 annual conference. My topic – “The Power of Thanks: Bringing Workplace Gratitude to the Next Level” – involved a wide range through the history of humans at work, most of which was hard labor. For the majority of our history at work, we’ve mostly relied on our muscle for hard, physical labor. Now, we are finally moving into a whole body experience at work, involving our hearts, too.

A New Era of Data in HR?

Compensation Cafe

A quick poll on how you use data across your HR function: First, do you rely on Excel spreadsheets, business intelligence and visualization tools, or an in-house data science team? Perhaps more importantly, are you still looking at the same metrics as a decade ago, new metrics that have emerged only over the past couple of years, or some blend of both? He writes: “As a literal definition, HR does not actually have big data, or more precisely, almost never does.

Cafe Classic: Respect, Power and Results at Work

Compensation Cafe

What is your usual experience at your motor vehicle office? Regardless of what you call it, I’m learning the typical interaction at the DMV is something most dread. The actual time at the DMV was more painful, as she was shuttled to three different lines over the course of two hours. Why is this experience at the DMV so common, it’s the punch line in television commercials ? . But what’s the solution? Words we use at work matter.

6 Recognition Myths Debunked

WorkHuman

When we talk to HR leaders, we hear some common barriers or myths that stop companies from modernizing their approach to employee recognition. These myths can be especially frustrating for anyone who is passionate about bringing social recognition to their company. I don’t have time.” – Compared to many HR initiatives that can take years to execute, recognition is one of the fastest to implement. Learn more about HR and SaaS here. “I

82 HR News Feeds to keep you Ahead of the Game

cipHR

Keeping up with all the latest HR related news is a difficult and time consuming task. From talent attraction best practices to the latest in big data innovations, there's a plethora of topics to research to ensure that you're using the latest strategies and HR solutions to benefit your brand. https://flipboard.com/topic/employeeengagement.rss - collection of user generated employee engagement articles. https://www.hrbartender.com/feed/ - HR related articles.

Workhuman Named the #1 Recognition Provider by HRO Today Magazine’s Baker’s Dozen 2021

WorkHuman

and DUBLIN – October 4, 2021 – Workhuman ® , pioneers of the human workplace, today announced its first-place ranking on HRO Today’s 2021 Baker’s Dozen Customer Satisfaction Ratings for Recognition. Workhuman, formerly Globoforce, has made the Baker’s Dozen list of top recognition providers for the past 11 years, most of the time appearing as a top five overall provider.

Healthcare HR and Employee Retention: 6 Key Factors to Consider

Precheck

Healthcare HR and Employee Retention: 6 Key Factors to Consider Nov. One of the largest growing concerns among employers across all industries is retaining high-performing and high-potential employees. In fact, 46 percent of HR professionals cite employee retention/turnover as the top workforce management challenge in 2016, an increase from 25 percent in 2012. Here’s how you can use stay interviews to improve your employee retention initiatives.

Thanks, Workday, for the Recognition… and the Reminder

WorkHuman

I like to think I’m a pretty experienced practitioner in recognition. With nearly ten years at Globoforce, I’m probably as close to a professional recognizer as it gets. I’ve given out hundreds of recognition awards, and I’ve definitely received my fair share in return. As the creators of the world’s most effective program for employee appreciation and engagement, we do a LOT of recognizing in our organization. Recognition never gets old.

Bringing Recognition to Real Estate: Minto Group’s Story

WorkHuman

We recently spoke to Dave Bond, director of talent management and total rewards at the Minto Group, to discuss how the home building and property management company modernized its approach to social recognition and saw immediate results in terms of employee reach. Bond also discussed how he’s leveraging recognition analytics for managers and executive leadership, and why he’s excited about the WorkHuman movement. Recognition at Minto was spotty.

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