WorkHuman

MARCH 1, 2017

Having your company named as a best place to work is certainly a highlight for any HR team working to create culture that naturally attracts top talent (especially when 51% of employees are actively looking for a new job ). The 2016 SHRM/Globoforce Employee Recognition Survey report shows where to focus your efforts for the best results.

Retention and Turnover

WorkHuman

APRIL 23, 2018

Marketers, for instance, employ eye-tracking and heat maps to study shoppers’ behavior and improve shoppers’ experience and satisfaction. And now, HR leaders are investing heavily in programs to utilize data for all aspects of workforce planning, talent management, and operational improvement. Talent sourcing.

Analytics

Vantage Circle

JULY 27, 2021

Employee Recognition Statistics Relating To Retention. There is a clear connection between recognition and employee retention. Companies with effective recognition programs have 31% lower voluntary turnover. Turnover can be highly costly with additional expenses in recruitment , onboarding , and training.

Employee Recognition

Vantage Circle

OCTOBER 10, 2019

It’s a war over talents out there. those with higher profits, employee retention, and engagement scores) were 14 percent more likely to focus on employee strengths. Reduced Turnover Rates. In yet another study, organizations with recognition programs have reported an almost 31% lower voluntary turnover rate.

Retention and Turnover

AIHR

AUGUST 15, 2023

In fact, it’s been shown that when larger businesses double their employee recognition efforts, they experience a 9% increase in productivity and a 22% decrease in absenteeism. Tangible : Money, experiences, or gifts are awarded to those who are recognized. Increased retention rates? Have you improved company morale?

Employee Recognition

Pingboard

SEPTEMBER 24, 2019

Research shows that employee engagement makes teams more profitable, reduces voluntary turnover, and leads to better outcomes all around. Employee turnover is also at an all-time high , which has pushed many employers to explore innovative ways of engaging team members to keep them from jumping ship. Bring in a guest speaker.

Employee Engagement

HR Tech Girl

JANUARY 18, 2023

Forbes ) 67% of HR professionals believe that AI will benefit and have a positive impact on the recruitment process, while 35% believe AI could lead to overlooking unique and unconventional talents. Bad onboarding experiences can set back employee development or increase turnover, so companies are putting more resources into the process.

HR Software

Vantage Circle

MARCH 10, 2021

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Improves employee retention. Workhuman is a cloud platform of employee recognition and continuous feedback management which was introduced by Globoforce.

HR Software

AIHR

AUGUST 15, 2023

In fact, it’s been shown that when larger businesses double their employee recognition efforts, they experience a 9% increase in productivity and a 22% decrease in absenteeism. Tangible : Money, experiences, or gifts are awarded to those who are recognized. Increased retention rates? Have you improved company morale?

Employee Recognition

Vantage Circle

SEPTEMBER 28, 2023

According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Key Takeaways Understand what a recognition program is.

Employee Recognition

Vantage Circle

OCTOBER 7, 2022

The rate at which young professionals experience burnout so early on in their careers is alarming. Let alone talented professional minds. Increases employee turnover rate. Such experiences can ultimately encourage employees to adopt the concept of quiet quitting. Toxic Work Environment. well-being. Bad Managers.

Trends

Vantage Circle

JUNE 16, 2021

Recognition has a tremendous potential to drive engagement, productivity, and employee retention. It is a great source of motivation and plays a critical role in employee retention. Rewards have a big role in attracting top talents to your company. Higher Employee Retention. Employees feel valuable and that they matter.

Employee Recognition

Vantage Circle

OCTOBER 28, 2020

In the last two decades, rewards and recognition have been the driving force behind global companies’ success in delivering a near-perfect employee experience. It’s a time of war over talents out there. Thus, rewards are an excellent way to attract top talent to your organization. Benefit 6: Employee Retention.

HR Software

Vantage Circle

NOVEMBER 21, 2018

With higher motivation comes better engagement, happiness , and ultimately retention. According to Gallup, the implementation of gamification in the workplace has resulted in almost a 147% increase in performance, up to 65% less turnover, and 37% fewer absences. Source(SHRM/Globoforce Employee Recognition Survey).

Employee Engagement

Hoops

FEBRUARY 23, 2018

Recent Studies Detail Correlation Between Employee Engagement and Retention. For two years running, the top two HR challenges have been employee retention and employee engagement. Engagement and retention are both the end results of consistent and positive employee experiences. SHRM/GloboForce Employee Experience Survey.

Employee Engagement

exaqueo

DECEMBER 23, 2016

This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. Numerous studies demonstrate “that when companies include employee recognition as a line-item, employee behavior increases across engagement, productivity, retention, customer service, and morale.”

Employee Recognition

TalentHQ

SEPTEMBER 3, 2015

As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Why is there such a wide variation in employee engagement and retention? Just as customer feedback has transformed the customer experience, employee feedback is transforming the employee experience.

HR Software

ClearCompany HRM

DECEMBER 5, 2018

The global talent shortage is the most acute it has been in decades. The situation is so critical that nearly two-thirds of companies, according to one study , have had to adapt their business strategy to available talent. Onboarding and Retention. People-Focused Onboarding.

Onboarding Software

Terryberry

NOVEMBER 27, 2024

Public recognition can be so effective that a study by Bersin & Associates found that organizations with effective recognition programs have 31% lower voluntary employee turnover rates. Benefits include boosted morale, increased job satisfaction, and improved retention. In fact, highly engaged teams show 21% greater profitability.

Hiring Software

Empuls

JANUARY 1, 2025

Furthermore, organizations with effective recognition programs can experience up to 21% higher profitability compared to those without.  Recognizing employees reduces turnover rates, leading to lower hiring and training costs. Appreciation enhances employee engagement, resulting in higher morale and productivity.

Employee Appreciation

Empuls

JANUARY 1, 2025

Statistics reveal that organizations with effective recognition programs experience significant benefits, including a 31% lower voluntary turnover rate and a 14% increase in productivity. For instance, companies prioritizing recognition are 12 times more likely to have a highly engaged workforce, as highlighted by Globoforce.

Onboarding Software