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The importance of employee recognition

Interact-Intranet

The concrete, documented benefits of recognition don’t stop there. According to Bersin & Associates , companies with good recognition programs have 31% lower voluntary employee turnover. 68 percent of values-based programs perceived a positive impact on retention, vs. 41 percent for non-values-based programs.

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The Ultimate Guide To Employee Rewards and Recognition

Vantage Circle

As companies struggle to find a way to deal with the global economic slowdown, the simple act of recognizing an employee in a meaningful and memorable way is the missing link that can heighten the productivity levels, lower employee turnover , and create a sense of belonging. Benefit 6: Employee Retention. Globoforce.