China Gorman

NOVEMBER 22, 2016

“More positive employee experiences are linked to better performance, extra effort at work, and lower turnover intentions.”. And I’ve had a range of data sources to back me up. My friends at Globoforce and the IBM Smarter Workforce Institute have published a new white paper: The Employee Experience Index. And it’s true.

Globoforce 68

Globoforce Retention and Turnover Data Analysis 68

WorkHuman

MARCH 1, 2017

The 2016 SHRM/Globoforce Employee Recognition Survey report shows where to focus your efforts for the best results. The Factors That Predict Employee Turnover. Offering clearer career paths with formal learning and development minimizes the risk of stagnation and eventual turnover. Do you have to be a unicorn ? RELATED POSTS.

Retention and Turnover 70

Retention and Turnover Globoforce Talent Experience Employee Recognition 70

Vantage Circle

JULY 27, 2021

Employee Recognition Statistics Relating To Retention. There is a clear connection between recognition and employee retention. Companies with effective recognition programs have 31% lower voluntary turnover. Turnover can be highly costly with additional expenses in recruitment , onboarding , and training.

Employee Recognition 52

Employee Recognition Globoforce Onboarding Software Recruiting Software 52

Engagedly

JANUARY 30, 2024

This culture shift can lead to real results, including increased productivity, lower turnover rates, and a more harmonious work environment. Mentorship and Professional Development Platforms: Mentorship has been proven to increase retention rates by 200% , demonstrating the value of growth and learning as a form of recognition.

Assessment Software 52

Assessment Software Planning Tools HR Software Wellness 52

TLNT: The Business of HR

JUNE 24, 2015

The fifth research report in an annual partnership between SHRM and Globoforce ( the 2015 Employee Recognition Survey ) was published this week. It’s that retention/turnover is the top challenge reported by nearly 1,000 SHRM members. And, interestingly, there is a surprise.

Employee Recognition 40

Employee Recognition Survey Globoforce Retention and Turnover 40

SumTotal

JUNE 7, 2016

It has real effects on your company’s retention and results. Take a look at the findings from Socialcast, SHRM and Globoforce: 69% of employees say they’d work harder if their efforts were better appreciated. Companies with strategic recognition had a turnover rate 23.4% Makes recognition flow freely.

Employee Recognition 40

Employee Recognition Retention and Turnover Globoforce Tools 40

Vantage Circle

DECEMBER 12, 2022

Better employee retention and lower absence. Teams scoring in the top 20% of engagement experience 59% fewer turnovers. This data reflects why appreciation and recognition are the need of the hour in every organization. Applying Maslow's Theory of Needs in an organization helps create a roadmap for employee satisfaction.

Meeting 98

Meeting Hiring Software Wage and Hour Training Onboarding Software 98

Vantage Circle

SEPTEMBER 28, 2023

According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Key Takeaways Understand what a recognition program is.

Employee Recognition 52

Employee Recognition Hiring Software HR Software Onboarding Software 52

RecognizeThis!

SEPTEMBER 9, 2015

I’m pleased to say I’ve more than doubled my prior tenure record in my time with Globoforce. I know in my own career history, I’d love my work until I became bored. Then I’d be onto the next company, looking for the next challenge.

Globoforce 80

Globoforce Career Development Employee Engagement Data 80

WorkHuman

APRIL 4, 2017

If you’ve been following the Globoforce blog these past few months, you may recall that we recently published a report with findings from the 2016 SHRM/Globoforce employee recognition survey. Do these trends in employee recognition, performance management, retention, and engagement look different outside of the U.S.?

Globoforce 127

Globoforce Global HR HR Trends Report 127

Vantage Circle

OCTOBER 7, 2022

The same Gallup study highlighted some interesting findings such as: Various data indicate that quiet quitting is more real and pervasive in today’s corporate scenario. According to an analysis of Payscale’s crowdsourced salary data, 49 percent of the workers are underpaid. Increases employee turnover rate.

Trends 52

Trends Hiring Software Recruiting Software HR Software 52

Terryberry

FEBRUARY 26, 2024

From productivity to culture to retention - research shows recognition programs continue to be a key factor in improving a range of business outcomes. But it's one thing to believe in the effectiveness of employee recognition programs, it's another to have objective data to support the cause.

Employee Recognition 52

Employee Recognition HR Software Retention and Turnover Assessment Software 52

Hoops

FEBRUARY 23, 2018

Recent Studies Detail Correlation Between Employee Engagement and Retention. For two years running, the top two HR challenges have been employee retention and employee engagement. Engagement and retention are both the end results of consistent and positive employee experiences. SHRM/GloboForce Employee Experience Survey.

Employee Engagement 100

Employee Engagement Study Globoforce Retention and Turnover 100

Vantage Circle

JUNE 16, 2021

Recognition has a tremendous potential to drive engagement, productivity, and employee retention. It is a great source of motivation and plays a critical role in employee retention. Higher Employee Retention. Most companies struggle with high employee turnover rates. This leads to reduced turnover and higher retention.

Employee Recognition 52

Employee Recognition Assessment Software Planning Tools HR Software 52

Vantage Circle

OCTOBER 28, 2020

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.

HR Software 59

HR Software Onboarding Software Planning Tools Employer Branding 59

WorkHuman

JANUARY 26, 2017

Retention and employee experience are two sides of the same coin. My story is not unique, which is why retention remains a serious issue for HR and business leaders. This post is the first in a series on findings from the new SHRM/Globoforce Employee Recognition Survey (sent to nearly 800 HR professionals).

Talent Experience 70

Talent Experience Globoforce Retention and Turnover Survey 70

WorkHuman

MARCH 21, 2017

Over the past few months, we’ve run a series of posts covering findings from the latest SHRM/Globoforce Employee Recognition Survey. To recap, here are the four findings and their respective posts: The top three workforce management challenges faced by organizations today are retention/turnover, engagement, and recruitment. (

Coaching 158

Coaching Survey Compliance Training Training 158

WorkHuman

DECEMBER 15, 2016

2016 SHRM/Globoforce Employee Recognition Survey. For the data geeks among us, the release of the 2016 SHRM/Globoforce Recognition Survey is like an early holiday gift. Here are 5 key takeaways from this year’s report, Employee Experience as a Business Driver : Retention/turnover is still what keeps you up at night.

Globoforce 70

Globoforce Survey Retention and Turnover Employee Recognition 70

Engagedly

MARCH 23, 2021

Some of the other benefits of employee recognition includes: Reduced Turnover. Improved Employee Retention. Data-Driven Performance Management. It helps managers to make performance-related decisions based on data and insights. Employee recognition act as a great tool to improve morale and engage your remote employees.

HR Software 101

HR Software Employee Recognition Planning Tools Software 101

WorkHuman

APRIL 5, 2016

Interestingly, the report notes that a goal of increasing retention and decreasing turnover through recognition rose to 51% last year. We found similar results in our last SHRM/Globoforce survey —that the top organizational challenge was employee retention/turnover. Why the change?

Data 70

Data Retention and Turnover Globoforce HR Software 70

WorkHuman

JULY 2, 2015

Here are a few things I learned (besides the fact that I am a huge fan of air conditioning): HR needs better data. 61% of performance management data is more about the rater than the person being rated. Marcus Buckingham , Tuesday’s keynote speaker, said this results in bad data. Use culture to fight turnover.

Retention and Turnover 70

Retention and Turnover Globoforce HR Software Data 70

WorkHuman

JULY 18, 2017

Lynette graciously offered to answer five of those questions below on budgeting for recognition, the science of turnover , “non-wired” workers , and setting up your program for long-term success. This question was in reference to the below information shared from the results of a Globoforce customer. RELATED POSTS.

Globoforce 119

Globoforce Planning Tools Interview Software Retention and Turnover 119

exaqueo

DECEMBER 23, 2016

This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. Numerous studies demonstrate “that when companies include employee recognition as a line-item, employee behavior increases across engagement, productivity, retention, customer service, and morale.”

Employee Recognition 40

Employee Recognition HR Planning Employer Branding Bonuses and Incentives 40

TalentHQ

SEPTEMBER 3, 2015

As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Gallup tells us that only about 1/3 of employees are actively engaged, Glassdoor data shows an average engagement of a C+ (3.1 Why is there such a wide variation in employee engagement and retention?

HR Software 77

HR Software Hiring Software Assessment Software Recruiting Software 77