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Bob Nelson introduced the first Friday of March as ‘EmployeeAppreciation Day’ He emphasized the importance of boosting employee morale and satisfaction for organizational success. It serves as a great initiative to appreciateemployees for their hard work and strengthen the employer-employee relationship.
Additionally, the Edward Lowe Foundation reports that offering stock options as a bonus qualifies it as a profit-sharing plan, which is a system where companies share a specific portion of the net profit of the company, with its employees.
And that is something this blog will cover and give you a good headstart on how you can start your employee recognition program. According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Delve into how to create a recognition program for your employees.
Appreciation is limited to a particular section of the workforce. Measurement of the ROI of routine employeeappreciation. There is more hunger for love and appreciation in this world than for bread. increase in average employee performance. Globoforce. Get the employeesonboard. Mother Teresa.
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