25 Aug Why are Recognition Programs related to Employee Retention?

It does not take much effort to understand that employee recognition is related to employee retention. A recent survey by SurveyMonkey has proved that 63% of recognized employees are unlikely to search for a new job and love to stay in the same organization. So, this goes to show that employee recognition is a strategy applied by most HR departments.  Programs like  PerksOn The Spot AwardsGift CardsAchievement Awards Long Service Awards Staff Recognition AwardsShoutoutsElectronic ProductsHandwritten Thank You Note from PeersCash Awards The above are strategies implemented by most HR departments. It then depends on the organization and the HR team to decide the suitable recognition program for their employees. Many...