With any program, you have to get your money's worth. It's no myth that companies view employee recognition as expendable - unless there is visible ROI. Most organizations have a recognition program in place; however, it is rarely aligned with objectives to drive business results. Without proper alignment, communication falls flat, so most employees don't even know such a program exists. What's more, most organizations don't realize recognition is the key lever to success, right at their fingertips.
Bersin & Associate's report, The State of Employee Recognition in 2012, found that organizations with recognition programs had 31% lower voluntary turnover than organizations with ineffective recognition programs. What keeps you up at night? Recognition can help.
Read this research report to understand the business case for employee recognition. You will learn how to overcome challenges with employee recognition, and absorb best practices to improve your current recognition program.