Vantage Circle

MAY 15, 2024

SIX Top Trends in Employee Recognition for 2024 “Feeling valued and appreciated increases job satisfaction, reducing the likelihood of employees leaving the organization. The cost of employee turnover can be significant, often estimated to be 1.5 to 2 times an employee's annual salary.”

Employee Recognition 52

Employee Recognition Bonuses Utilities Financial Compensation 52

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

Salaries matter, but if given the choice between working at an organization that offers higher pay and one with a reputation for providing a variety of exceptional incentives and other forms of recognition, many employees would choose the latter. Total rewards doesn’t just pertain to financial compensation ?

Financial Compensation 195

Financial Compensation Employee Recognition Employee Incentives Employee Retention 195