article thumbnail

Top Six Employee Recognition Trends of 2024

Vantage Circle

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. The cost of employee turnover can be significant, often estimated to be 1.5

article thumbnail

How AI Can Improve Employee Recognition and Workplace Satisfaction?

Hppy

It’s not necessary to conduct a research project to know that happier employees work harder — but just in case you were wondering, this does boost productivity by as much as 13%. Now, not all employee recognition programs help you achieve this goal. Here are 8 ways that AI can help your employee recognition program.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Complete Guide to Employee Recognition Surveys: 30 Questions You Need

Vantage Circle

According to a survey conducted by Achievers, 83% of HR leaders said that recognition programs had a positive impact on employee engagement. How many of you have felt the “high” after getting a “Job well done” That's the essence of employee recognition – feeling valued for your hard work.

article thumbnail

How Three Institutions Built Winning Retention Programs

Cupa HR

New CUPA-HR data show some improvement in turnover in the higher ed workforce, but staffing hasn’t fully bounced back to pre-pandemic levels. Managers still face challenges filling positions and maintaining morale, while employees are seeking jobs where their satisfaction and well-being are prioritized.

article thumbnail

Common Pitfalls in Employee Recognition Programs

CoreCentive

Employee recognition programs are a popular way for companies to show appreciation for their employees and boost morale. However, not all recognition programs are successful. In fact, many fail to achieve their intended goals and can even have a negative impact on employee engagement.

article thumbnail

COVID-19 Business Recovery: Unify Human Resources Functions to Lower Costs 20%

SwipeClock

Human resources functions are critical for business recovery. How can Human Resources functions reduce labor costs? You can’t move forward without bringing back the employees you furloughed. Consolidate Your Human Resources Functions. Get a unified Human Resources portal. They must also lower overhead.

article thumbnail

How Employee Attrition Affects the Workplace

Intoo USA

It can erode institutional knowledge, as departing employees take with them valuable experience and insights. Also, the constant need to hire and train new employees can strain resources and divert focus from core business objectives. Analyzing exit interview data can help you make informed changes to reduce future attrition.