Employee Recognition & Retention Statistics for 2022
APRIL 20, 2022
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.