Recognition Boosts Employee Engagement and Productivity | ClearCompany
ClearCompany HRM
JULY 28, 2022
A lack of engagement can lead to a decrease in productivity and employee retention — and it’s expensive, too. For reference, disengaged employees could cost your company around 18% of their annual salary. High employee turnover rates lead to increased hiring costs, which can be as much as two times the employee’s salary.
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