article thumbnail

The Importance of Employee Recognition: With Statistics and Examples

Vantage Circle

We all know that employee recognition is all about appreciating and rewarding the hard work and achievements of your employees. But do you know why is employee recognition important? Employee Recognition serves as a fundamental cornerstone for organizational success. So, let’s dive in!

article thumbnail

Employee Recognition Event: Tips and Recognition Calendar

Vantage Circle

Employee recognition events go beyond mere celebrations; they are pivotal drivers of engagement, morale, and success. Thus, creating impactful recognition events requires thorough planning and exploration. Join us to elevate employee recognition and unleash your employees' full potential.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Employee Recognition is Important and Key Benefits

Achievers

And meeting this desire can have a huge effect on key contributors to your bottom line, like employee engagement and retention. Let’s look at some of the biggest ways employee recognition can impact your business. The importance of employee recognition. Happy, appreciated employees mean happy customers.

article thumbnail

3 Employee Retention Best Practices

Achievers

Recognition is that little something extra that gives people a good feeling—about themselves and their employer. Giving recognition alone won’t do the job— how you give it can determine your success rate. Here are the most effective employee retention best practices that reinforce productive behaviors and deepen job satisfaction.

article thumbnail

Top Six Employee Recognition Trends of 2024

Vantage Circle

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. The cost of employee turnover can be significant, often estimated to be 1.5

article thumbnail

Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

employees quit their jobs in a year, indicating an average of 4.2 With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. How to Improve Employee Retention?

article thumbnail

Employee Recognition Badges for Digital Recognition: Ideas & Examples

Vantage Circle

Employee recognition is vital for boosting morale, engagement, and retention in any organization. Employee Recognition Badges for Digital Recognition provide a visible, shareable way to acknowledge contributions, milestones, wins, values, and more. What are employee recognition badges?