Awards and Recognition
Companies who take the time to recognize their employees could be rewarded themselves. Learn more in the following post.
Jenn Tekin Organizations with high employee engagement are experiencing a 22% improvement in customer loyalty and a 21% reduction in turnover, per Aberdeen Group research. Organizations are finding that investing in a formal employee recognition program can lead to an increase in profitability, retention and customer loyalty as compared to having disjointed programs lacking metrics and
Are you considering some potential employers for 2013? Find out the top 50 best places to work this year, according to the following post.
The employees have spoken! Facebook, McKinsey & Company, Riverbed Technology, Bain & Company, and MD AndersonCancer Center have been selected as the leading five Best Places to Work for 2013 – they are among 50 companies to win the 5th annual Employees’ Choice Award¹.
For employers who believe that money is the only reward that employees value, they may want to think again. The following post offers more information.
Employers may think giving their workers cash rewards is the best way to keep them happy, but it turns out, its those non-financial awards that lead to loyalty and productivity among employees.
“Cash rewards don’t have a long lasting effect,” says Susan Heathfield, About.com Guide to Human Resources. “Most people fritter it away and don’t spend it on something tangible or significant in their lives and as a consequence its impact doesn’t last.”