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The Performance Improvement Council has released a white paper that draws a direct correlation between employee recognition and an organization’s profitability.
This further highlights the incredible opportunity for employee recognition program providers in today’s marketplace.
View the full white paper Accelerate Recognition to Accelerate Profits here:
http://www.carlton.ca/wp-content/uploads/2012/08/Aug-20-2012-AccelerateRecognition_AccelerateProfits_Article_Final.pdf
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I've always known there is a direct correlation, but it's great to see evidence on paper. Now that companies can see the proof, the hard part is creating a system that truly makes the profit increase a reality.