Vantage Circle

MAY 15, 2024

The cost of employee turnover can be significant, often estimated to be 1.5 to 2 times an employee's annual salary.” Companies like Microsoft have seen 40% higher employee retention rates after gamifying training and onboarding. However, gamification doesn't have to be about fierce competition.

Employee Recognition 105

Employee Recognition Bonuses Utilities Financial Compensation 105

Vantage Circle

JANUARY 30, 2024

This statistic highlights the generational shift in priorities, where meaningful work and a sense of fulfillment outweigh financial compensation. An appreciative work culture helps in employee retention. 72% of executives strongly agree that organizations with highly engaged employees usually have satisfied customers.

Employee Recognition 52

Employee Recognition Employee Retention Financial Compensation Recruitment 52

Achievers

AUGUST 4, 2022

Total rewards doesn’t just pertain to financial compensation ? Financial compensation. Financial compensation isn’t the be-all and end-all of incentivizing employees, but it’s still a key part of an organization’s total rewards offerings. Improved employee retention.

Financial Compensation 191

Financial Compensation Employee Recognition Employee Incentives Employee Retention 191