HR professionals are facing an employee engagement crisis. Gallup recently sounded the alarm when it shared that engagement dropped for the first time in a decade from 36% engaged employees in 2020 to 32% engaged and 18% actively disengaged in 2022. This guide offers a solution.
Employees who receive recognition aligned to their needs and expectations are four times more likely to be engaged, and organizations save $16 million in turnover costs for a 10,000-person business simply by having a culture of appreciation, according to Gallup. As a result, determining best practices for rewarding outstanding work should be part of your talent management strategy.
Read this guide to:
- Assess your organization's current recognition efforts
- Begin to map out your ideal recognition ecosystem based on best practices
- Dive deeper into additional resources based on your desired recognition ecosystem
- Learn a better approach to employee recognition
- Devise a plan for a recognition strategy that will lay the foundation for a better workplace culture