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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. Source: The Aberdeen Group. While it may be more difficult to establish upfront, the long-term gains are extensive.

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The Ultimate Guide To Employee Rewards and Recognition

Vantage Circle

Globoforce. SHRM recommends that HR departments spend at least 1% of payroll on rewards and recognition. Be sure to document your goals, objectives, expectations, and the intended result from the rewards and recognition program. Printable Certificates. HR Technologist. increase in average employee performance.