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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!

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Guide To Drive Employee Recognition

Empuls

MGM Grand 1 , a Las Vegas hospitality company, realized the need to enhance employee engagement by following a value-driven employee recognition program. In its approach, the company successfully streamed employee satisfaction surveys, which showed an increase from 87.5%    What is employee recognition?

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15 employee recognition gifts for showing meaningful appreciation

Achievers

But with employees having more choice in where and when they work than ever before, simply offering a competitive salary won’t make your organization stand out from its competitors. Employee recognition gifts go beyond simple gestures of appreciation. But it also requires a real understanding of what employees want.

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Strategic Human Resource Management (SHRM): How to get started

Achievers

Reaching and sustaining a high level of success requires HR personnel who plan and execute initiatives that align with your most pressing organizational goals and needs, while ensuring that employee input is actively solicited and acted upon before issues become too big to handle.

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18 Impactful Employee Recognition and Appreciation Ideas

Achievers

But employee recognition is not just about making people feel good. Data indicates that “lack of recognition” is the third most common reason employees leave their job, and 26 percent of employees feel that being undervalued and underappreciated is the highest barrier to engagement.

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How Companies Like PetVet365 Use Performance Management Tools to Support Employee Well-being

15Five

If you log into LinkedIn anytime during the month of May, you probably see a lot of employers post about Mental Health Awareness Month. It’s great that employers want to shed light on this important, historically stigmatized topic. Should employers stop caring about their employees’ mental well-being?

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20 Best Employee Recognition Software Solutions in 2023

Empuls

An employee recognition software comes as a helping hand for employees who should be rewarded for their loyalty and hard work in an organization. It provides quality support and creates a positive working environment, helping employees gain renewed energy to perform tasks. 20 best employee recognition software 1.