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STATS YOU DIDN’T KNOW ABOUT EMPLOYEE RECOGNITION THE #1 REASON most Americans leave their jobs is that they don’t feel appreciated 1 46 % of senior managers view recognition programs as an investment rather than an expense 2 14 % of companies indicated that their organization features recognition programs regularly when recruiting DO YOU STRUGGLE WITH EMPLOYEE RECOGNITION? Read this guide to learn everything you need to know to it better READ THE GUIDE 41 % of companies that use peer-to-peer recognition have seen marked positive increases in customer satisfaction 4 Companies with strategic recognition reported a mean employee turnover rate 23 % lower than retention at companies without any recognition program 5 Manager’s recognizing employee performance increases engagement by almost 60 % Organizations with strategic recognition programs in place exhibit 28 % lower frustration levels than companies without recognition programs 7 Peer-to-peer is 35 % more likely to have a positive impact on financial results than manager-only recognition 8 When companies spend 1% or more of payroll on recognition, 85 % see a positive impact on engagement DO YOU STRUGGLE WITH EMPLOYEE RECOGNITION? Read this guide to learn everything you need to know to it better GET THE GUIDE In organizations in which individual employees or teams are recognized, results were approximately 14 higher % than in organizations in which recognition does not occur 10 Organizations with a strong employee recognition approach are 12x more likely to have strong business results 11 Organizations with effective recognition programs had 31 % lower voluntary turnover than organizations with ineffective recognition programs Curious about the first step to take to be a better leader? Try Officevibe now and start inspiring your employees! Visit officevibe.com YOU’LL LOVE THESE SLIDESHARES: