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STATS YOU DIDN’T KNOW ABOUT EMPLOYEE RECOGNITION

Do You Struggle With Employee Recognition?

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Page 1: Do You Struggle With Employee Recognition?

STATS YOU DIDN’T KNOW ABOUT

EMPLOYEERECOGNITION

Page 2: Do You Struggle With Employee Recognition?

THE #1 REASONmost Americans leave their jobs

is that they don’t feel appreciated.

Page 3: Do You Struggle With Employee Recognition?

46%

of senior managers view recognition programs as an investment rather than an expense.

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Page 4: Do You Struggle With Employee Recognition?

14%

of companies indicated that their organization features recognition programs regularly when recruiting.

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Page 5: Do You Struggle With Employee Recognition?

41% of companies that use peer-to-peer recognition have seen marked positive increases in customer satisfaction.

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Page 6: Do You Struggle With Employee Recognition?

23%

Companies with strategic recognition reported a mean employee turnover rate

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lower than retention at companies without any recognition program.

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60%

Manager’s recognizing employee performance increases engagement by almost

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Page 9: Do You Struggle With Employee Recognition?

28%

Organizations with strategic recognition programs in place exhibit

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lower frustration levels than companies without recognition programs.

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35%Peer-to-peer is

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more likely to have a positive impact on financial results than manager-only recognition.

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85%

When companies spend 1% or more of payroll on recognition,

see a positive impact on engagement.

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Page 12: Do You Struggle With Employee Recognition?

14%

than in organizations in which recognition does not occur.

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In organizations in which individual employees or teams are recognized, results were approximately

higher

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12xOrganizations with a strong employee

recognition approach are

more likely to have strong business results.

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Page 14: Do You Struggle With Employee Recognition?

31%

Organizations with effective recognition programs had

lower voluntary turnover than organizations with ineffective recognition programs.

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