Importance of Rewards and Recognition in the workplace

Importance of Rewards and Recognition in the workplace

57% of employees are dissatisfied with the level of recognition they receive for a good job and 77% would even consider leaving if they don't receive enough recognition.

How important is employee recognition and what is its impact on organisation al performance? It sure looks like the engagement of employees clearly depends on the recognition they are given by their managers.

70% of employee engagement is determined by their managers, and disengaged managers are 3 times more likely to have disengaged employees.

Recognised Employees also work harder. 78% of Recognised employees will work better, and 82% say they are better motivated.
This results in happier employees who are more likely to stay. This in turn reduces the hiring costs of the company and significantly improves the productivity.

A simple pat on the back goes a long way. Learn more about the benefits of employee recognition from this informative infographic by" Arielle Nakache-Moulay here:

Infographic: The Power of Praise

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  • Last modified on Tuesday, 08 December 2015 08:09
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