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5 Eye-Opening HR Stats: Why Employee Recognition Matters

Achievers

What defines an effective retention strategy varies from business to business, but there is one common element that has been found to work across most business types and sectors: employee recognition. In addition, 75% of employees who received at least monthly recognition (even if informal) reported being satisfied with their jobs.

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7 Reasons Why Your Company Needs an Engaged Workforce

Achievers

And companies that invest in social recognition see an improvement in business results across the board: four times more likely to improve stock prices, two times more likely to improve NPS scores, and two times more likely to improve individual performances. Bonus tip : Frequently recognize your employees to boost employee engagement.

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Why Employee Recognition Matters

Achievers

Think carefully, because over 65 percent of employees report they don’t feel recognized at work. And lack of recognition just happens to be the number one reason why employees quit. Employee recognition drives employee engagement, and with higher employee engagement come lower turnover rates and stronger business results.

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5 Things Your CEO Needs to Know About Employee Engagement 

Achievers

If you’re a CEO, do you treat employee engagement as solely the domain of the Human Resources (HR) department? And if you’re an HR professional, do you find yourself trying to persuade your CEO that employee engagement should also be a C-suite concern? Do you have any thoughts on this article?

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5 Biggest Challenges for HR Leadership Teams

Achievers

Human Resources (HR) is a complex profession (but that’s what you like about it, right?) An Achievers report points out that companies identified employee recognition as having the greatest impact on employee engagement. Achieving leadership buy-in for a recognition program. Share your comments below.

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How to Address High Turnover With Retail Employees

Achievers

Here’s a not-so-fun fact: Retail employees leave their positions at a rate that’s over four times higher than the average turnover rate in all other industries. According to Human Resources Today, that translates to $19 billion in costs related to hiring and training new employees.

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7 Ways to Create an Unbeatable Employee Experience

Achievers

A report by The Society for Human Resource Management (SHRM) notes that 11 percent of HR professionals say their training budget has decreased within the past year, while another 31 percent state that their organization has no training budget whatsoever. Offer Frequent Recognition. Do you have any thoughts on this article?