Vantage Circle

MAY 15, 2024

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

Employee Recognition 52

Employee Recognition Bonuses Utilities Financial Compensation 52

Hppy

FEBRUARY 27, 2024

Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation. Just like monetary incentives, these incentives show that you care about employee growth and well-being. However, this isn’t the only way to appreciate your workforce.

Financial Compensation 79

Financial Compensation Employee Loyalty Health Insurance Bonuses 79

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. What is Engagement Rate Index?

Employee Recognition 52

Employee Recognition Employee Retention Financial Compensation Recruitment 52

Achievers

AUGUST 4, 2022

Total rewards doesn’t just pertain to financial compensation ? it also includes healthcare benefits, time off, recognition programs, and more. Financial compensation. Employee recognition. Recognizing your employees reaffirms that you appreciate and respect their hard work.

Financial Compensation 194

Financial Compensation Employee Recognition Employee Incentives Employee Retention 194