
Happy employees are productive ones.
If you read our last blog on the value of recognition, you
may recall that almost 2/3rd of employees leave their jobs because
they feel underappreciated, that managers do not recognize their positive
contributions.
There is a logical
assumption that any company which invests in recognition, that introduces years’
service awards, sales or safety or any of many other business reasons to reward
excellent performance, will retain best employees and see superior business performance. But is this just an assumption? Is all this the speculations of a HR manager,
or is there quantitative support that links recognition programs to company
performance?