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The importance of employee recognition

Interact-Intranet

The importance of employee recognition is often overlooked – are you aware of the impact? Employee recognition is essential for motivating, retaining and fully engaging our employees. Now, employees expect – and respond – to the same approach when it comes to recognizing their contributions within the workplace. This means the days of annual appraisals and salary as the sole driver for employees are behind us. Source: Globoforce.

Reality confronts traditional “Employee Recognition Myths”

Possible Works

Reality confronts traditional “Employee Recognition Myths”. Recognition at the workplace motivates employees and boosts their productivity. Studies have revealed that 64% of the employees resign as they feel unappreciated and disengaged while 69% of employees would work harder if they felt their efforts were better appreciated. While this is important, recognition coming from peers can be a potent engagement source. Employee Recognition Myths.

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What’s the Key to Talent Retention? Human-Centered Approaches, Says SHRM/Globoforce Report

HR Daily Advisor

HR leaders are using human-centered approaches in the workplace, which may help resolve retention, recruitment, and culture management challenges, according to a new report released by Globoforce ® , a provider of social recognition and continuous performance development solutions, and the Society for Human Resource Management (SHRM). Among HR leaders surveyed, 80% say their organization currently has an employee recognition program.

1% of Payroll: The Magic Number For Social Recognition Investment

WorkHuman

Why do some recognition programs take off with widespread adoption, while others struggle to gain traction or make an impact? The problem is not that some work cultures don’t need recognition – appreciation is a basic human need. One challenge many companies face is that executives, and sometimes even HR leaders, perceive recognition as a cost as opposed to an investment. What about “free recognition” or “e-thanks”? Funding Recognition Without Adding Budget.

Survey: 93% of Managers Need Training on Coaching Employees

WorkHuman

Over the past few months, we’ve run a series of posts covering findings from the latest SHRM/Globoforce Employee Recognition Survey. The Proven Links Between Retention and Employee Experience ). Recognition programs tied to organizational values are perceived to outperform other programs on every metric evaluated. 1% of Payroll: The Magic Number for Social Recognition Investment ). Do managers need training on how to coach employees?

The Amazing ROI of Rewards and Recognition In Your Organization

Vantage Circle

If employee engagement is a boat then rewards and recognition is the well-oiled engine required to steer it to its destination. Treat your employees well and they’ll return the favor by being more productive. Increased Employee Engagement. employee engagement ( 84% ).