Employee Recognition & Retention Statistics for 2022
Fanclub Recognition
APRIL 20, 2022
44% of employees switch jobs because of not getting adequate recognition for their efforts. Companies with effective recognition programs have 31% lower voluntary turnover. Employers can retain more than half of the employees simply by fostering a strong recognition culture. 91% of HR workers agree recognition and reward has a positive effect on employee retention. Globoforce.
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