If you knew that 4 out of 5 of your employees wanted something and that meeting their wish would have a positive impact on your bottom line, you’d seriously consider taking immediate action, wouldn’t you?
We’re not even talking about a pay rise! It turns out that 82% of employees would like to receive more recognition. They want to feel valued.
And this is very much a win-win situation, as in addition to employee well-being, increased recognition translates into financial benefits for the company. Frequent recognition improves employee engagement, leading to enhanced productivity and performance. It also means better retention, saving the business costs on recruitment and onboarding.
There is even a relationship between employee recognition and customer satisfaction—the positive effects reach far beyond the confines of the workplace.
Click here to find out how to set up a winning employee recognition programme.