Article Employee Recognition Employee Retention Financial Compensation 
Vantage Circle
JANUARY 30, 2024
This statistic highlights the generational shift in priorities, where meaningful work and a sense of fulfillment outweigh financial compensation. 68% of HR professionals agreed that employee recognition positively impacts retention, while 56% said it also helps with recruitment.
Vantage Circle
AUGUST 16, 2021
Many companies are also willing to pay retention bonuses to keep employees on board. A retention bonus is financial compensation paid to employees who have remained with their organization for a specific length of time. They offer it as an incentive to ensure that employees don't leave their company.
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