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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Employees who have the option of disconnecting from work to do something they enjoy , whether that is spending time with family or traveling, can come back to work with a more relaxed and optimistic mindset. Recognition and Rewards A common presence in the list of employee retention examples is the mention of employee appreciation.

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How To Create an Effective Employee Recognition Program (in 2023)

Analytics in HR

In fact, it’s been shown that when larger businesses double their employee recognition efforts, they experience a 9% increase in productivity and a 22% decrease in absenteeism. Even smaller companies can benefit from increasing employee engagement through a robust rewards and recognition program.

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How To Create an Effective Employee Recognition Program (in 2023)

Analytics in HR

In fact, it’s been shown that when larger businesses double their employee recognition efforts, they experience a 9% increase in productivity and a 22% decrease in absenteeism. Even smaller companies can benefit from increasing employee engagement through a robust rewards and recognition program.

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The importance of employee recognition

Interact-Intranet

The importance of employee recognition. When companies prioritize recognition, there’s a lot of opportunity for them to build employee engagement and get workers excited about their contributions. Source: Globoforce. One key advantage of an intranet is its capacity for employee appreciation and recognition.

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Employee Recognition Statistics: What HR Professionals Need to Know in 2024

Terryberry

Employee recognition may not be a new concept, but what is new is some of the latest employee recognition statistics that have come out of research surrounding employee engagement. 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.