Employee recognition programs may sound like an unneeded expense, but research shows that a little peer-to-peer recognition goes a long way.
For example, organizations with a strong employee recognition approach are 12 times more likely to have strong business results, according to data cited by OfficeVibe. Companies with strategic recognition programs also report lower turnover rates than companies that don’t.
The infographic below explains why investing in employee recognition is worth it.
Want to keep your best workers? Some strategic employee recognition will help.