Remove Bonuses and Incentives Remove Change Management Remove Employee Recognition Remove Retention and Turnover
article thumbnail

How to Choose the Best Employee Recognition Program for Your Company

Bonusly

Recognition is a key aspect of these psychological needs. Employee recognition is the open acknowledgment and expressed appreciation for employees’ contributions to their organization ; it’s a way of letting your team know how much you appreciate the impact of their work. You need to improve retention.

article thumbnail

14 Companies with Great Employee Rewards and Recognition Programs

Empuls

. "Six years later, after the decision that others said would destroy his business, Dan reports that revenue has tripled, the customer base has doubled, 70% of his employees have paid down debt, many bought homes for the first time, 401(k) contributions grew by 155% and turnover dropped in half. Zappos (a subsidiary of Amazon).