Recognition programs can increase productivity by up to 12%, according to a study by Bersin & Associates.
Employees who feel valued are twice as likely to be engaged in their work, according to a Gallup poll.
Recognition programs can reduce employee turnover by up to 31%, according to a Work Institute report.
Peer-to-peer recognition is 35.7% more likely to have a positive impact on financial outcomes than manager-only recognition, according to a study by SHRM.
Companies with recognition programs that are highly effective at improving employee engagement have 31% lower voluntary turnover rates, according to a Deloitte survey.
A recognition program that is highly effective at improving employee engagement can generate a 19% increase in discretionary effort, according to a Towers Watson study.
Companies with recognition programs that are highly effective at improving employee engagement have 12% higher profitability, according to a Gallup poll.
A recognition program that is highly effective at improving employee engagement can generate a 14% increase in productivity, according to a Temkin Group study.
Companies with recognition programs that are highly effective at improving employee engagement have 147% higher employee morale, according to a Bersin & Associates report.
A recognition program that is highly effective at improving employee engagement can generate a 27% decrease in absenteeism, according to a Society for Human Resource Management study.
Companies with recognition programs that are highly effective at improving employee engagement have 2.5 times more revenue growth, according to a Deloitte survey.
A recognition program that is highly effective at improving employee engagement can generate a 20% increase in sales, according to a Bersin & Associates report.
Recognition programs that are highly effective at improving employee engagement can increase customer satisfaction by up to 10%, according to a study by IBM.
Companies with recognition programs that are highly effective at improving employee engagement have 28% less shrinkage, according to a Work Institute report.
Recognition programs can increase job satisfaction by up to 33%, according to a study by SHRM.
Companies with recognition programs that are highly effective at improving employee engagement have 59% less employee theft, according to a Work Institute report.
A recognition program that is highly effective at improving employee engagement can generate a 21% increase in profitability, according to a study by Towers Watson.
Companies with recognition programs that are highly effective at improving employee engagement have 18% higher customer loyalty, according to a Deloitte survey.
Recognition programs that are highly effective at improving employee engagement can increase employee commitment by up to 50%, according to a study by Bersin & Associates.
Companies with recognition programs that are highly effective at improving employee engagement have 40% less safety incidents, according to a Work Institute report.