Ninety (90) percent of US companies have formal recognition programs. And in spite of the recession, 9 out of 10 of them will keep these programs in place during 2009. The cost of not recognizing your employees can be quite high. One example of this is turnover. A recent survey revealed that if employees are not shown appreciation on a regular basis, 81 percent will seriously consider looking for another job, compared to only 25 percent of employees who are complimented on a consistent basis.*
*(Source for statistical information: Recent article in the Blue Ridge Business Journal)
Thursday, May 28, 2009
Employee Recognition
Labels: Employee Recognition
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