Got Talent? Know How to Keep It?
Retaining employees in today’s business environment is top-of-mind for most organizations. We’ve all read about the Great Resignation, and there are many reasons for this – but the bottom line is: how do you keep your best employees engaged, aligned with your company’s purpose, and moving your business forward? Recognition not only boosts individual employee engagement, but it also has been found to increase productivity and loyalty to the company, leading to higher retention. Statistics show that organizations with highly effective recognition programs had 31% lower voluntary turnover.