11 Stats You Didn’t Know About Employee Recognition
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The document discusses the importance of employee recognition, stating that a lack of appreciation is the top reason Americans leave their jobs. It highlights that organizations with recognition programs see lower turnover rates, increased employee engagement, and improved customer satisfaction. Overall, strategic recognition is shown to positively impact both employee morale and business outcomes.
11 Stats You Didn’t Know About Employee Recognition
- 1. STATS YOU DIDN’T KNOW ABOUT EMPLOYEE RECOGNITION
- 2. THE #1 REASON most Americans leave their jobs is that they don’t feel appreciated.
- 3. 46% of senior managers view recognition programs as an investment rather than an expense. 1
- 4. 14% of companies indicated that their organization features recognition programs regularly when recruiting. 2
- 5. 41% of companies that use peer-to-peer recognition have seen marked positive increases in customer satisfaction. 3
- 6. 23% Companies with strategic recognition reported a mean employee turnover rate 4 lower than retention at companies without any recognition program.
- 7. Find out what it is HAPPIER EMPLOYEES Discover the one perk not on this list guaranteed to make employees happier. HAVE
- 8. 60% Manager’s recognizing employee performance increases engagement by almost 5
- 9. 28% Organizations with strategic recognition programs in place exhibit 6 lower frustration levels than companies without recognition programs.
- 10. 35% Peer-to-peer is 7 more likely to have a positive impact on financial results than manager-only recognition.
- 11. 85% When companies spend 1% or more of payroll on recognition, see a positive impact on engagement. 8
- 12. 14% than in organizations in which recognition does not occur. 9 In organizations in which individual employees or teams are recognized, results were approximately higher
- 13. 12x Organizations with a strong employee recognition approach are more likely to have strong business results. 10
- 14. 31% Organizations with effective recognition programs had lower voluntary turnover than organizations with ineffective recognition programs. 11
- 15. Discover The State of EMPLOYEE RECOGNITION A real-time report on the state of the 10 metrics of employee engagement, including recognition. See The Live Report
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- 17. YOU’LL LOVE THESE SLIDESHARES: