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Top 5 Benefits of Employee Recognition

Hppy

We’ll review a few of the top benefits of an employee recognition program. Image by freepik 1- Lower Turnover Rates High turnover rates are expensive and can affect productivity. In addition to the cost of recruiting and hiring new employees, companies will easily exceed training budgets with higher turnover rates.

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How to Solve Hiring Problems in Manufacturing with Employee Recognition

Semos Cloud

Category All, Best Practices How to Solve Hiring Problems in Manufacturing with Employee Recognition The state of the manufacturing workforce is changing faster than ever. If manufacturing companies want to win the war for talent, they have to fundamentally change how they approach Employee Experience. We’ve seen it firsthand.

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New Workhuman-Gallup Study Finds Employee Recognition Can Help Businesses Gain Over $90 Million in Increased Productivity

WorkHuman

. — March 29, 2023 — Workhuman and Gallup released their latest report, From Praise to Profits: The Business Case for Recognition at Work, which reveals employee recognition is a powerful tool leaders have to drive […] The post New Workhuman-Gallup Study Finds Employee Recognition Can Help Businesses Gain Over $90 Million in Increased Productivity (..)

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How to Build an Employee Recognition Program That Inspires and Motivates

15Five

When done right, employee recognition programs can positively impact individual employees and create better business outcomes. Top performers who are adequately recognized for their efforts are often more highly engaged and productive and less likely to leave their organization. Develop a business case for recognition.

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5 Culture Trends for 2019

Companies that are looking to attract, engage, and retain top talent should leverage these trends to create workplaces where employees thrive. As we approach 2019, major shifts in the work environment will continue to affect the ways companies do business.

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New Gallup Wellbeing and Workplace Study Finds Employee Recognition Can Help Mitigate $322 Billion Cost of Global Turnover and Lost Productivity

WorkHuman

. — October 6, 2022 — Today, Workhuman and Gallup released their latest report, Amplifying Wellbeing at Work and Beyond Through the Power of Recognition, which […].

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5 Statistics to Help Build Your Case for an Employee Recognition Strategy

Achievers

Thankfully, numerous studies reinforce the positive impact employee recognition programs have on employees, companies, and customers. It has even been found that when senior leaders are actively involved in employee recognition, companies are nine times more likely to have strong business results.