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?
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