Investing in employee recognition can save you time, money and a lot of headaches caused by turnover and low employee engagement.
Employee Training Programs
Social Recognition and Feed
Gamification and Badges
Years of Service
Employee recognition can make the difference between where you are today and where you want to be.
Why do employee recognition programs matter?
64% of employees resign because they feel unappreciated.
Organizations with higher employee engagement have 38% higher customer satisfaction scores.
67% of the workforce is composed of unsatisfied employees.
Low employee engagement is estimated to cost the U.S. economy roughly $370 billion per year.
Employee Recognition Years of Service Programs.
Experienced employees are valuable to your company for numerous reasons including onboarding new hires, cross training existing employees, and possessing invaluable industry experience. Rewarding employees based on years of service demonstrates that their time is valued and their contributions are appreciated. Let’s face it, companies couldn’t function without savvy employees who know the business inside out. The experience each employee brings to their company is worth more than money can buy, and giving thanks for their commitment and dedication is a great employee recognition strategy. With a culture of long tenured employees, newer employees will feel encouraged to stick around as well.
From the Perks WW Employee Resource Library