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The Ultimate Guide To Employee Rewards and Recognition

Vantage Circle

It helps the company achieve its goals faster and aids in employees’ personal and professional development. It helps both parties to bridge the gap between them. Benefit 7: Employer Branding. Good employer branding attracts the right candidate and promotes positivity along with employee engagement.

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The importance of employee recognition

Interact-Intranet

The concrete, documented benefits of recognition don’t stop there. Another study states that spending 1% or more of payroll on recognition helped 85% of companies see improved engagement. Source: Globoforce. What does giving recognition actually cost you, as an employer? Source: The Aberdeen Group.