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![Resources:
Adapting to the realities of our changing workforce, Globoforce spring 2014 report.
Globoforce Reveals 2011 Workforce Mood Tracker Survey Results
[http://www.globoforce.com/news/press-releases-archive/globoforce-reveals-2011-workforce-mood-tracker-survey-results/]
APA’s Work and Well-Being Survey, 2013, [http://www.apa.org/news/press/releases/2013/03/employee-needs.aspx]
11 Statistics About the Importance of Employee Feedback, Officevibe
[http://www.officevibe.com/blog/infographic-employee-feedback]
Equifax, Turnover by Geography [http://www.talx.com/benchmarks/turnover/index.asp]
google.com/+weekdonefb.me/weekdonelinkedin.com/
company/weekdone
@weekdone
Weekdone.com - employee progress reporting and
internal communications tool. Always know
team-members' plans and achievements. Publish
objectives, see how your team is moving towards
them and provide weekly feedback with a click of a
mouse.](https://image.slidesharecdn.com/employeecontinousfeedbackweekdone-150115034255-conversion-gate02/85/Why-employee-feedback-is-more-than-a-regular-paycheck-7-320.jpg?cb=1421324937)
Uploaded byWeekdone.com
Why employee feedback is more than a regular paycheck
Made by employee progress reporting tool Weekdone - https://weekdone.com Manager's often feel that regular paycheck provides enough feedback and recognition. This presentation highlights several reasons supported by the statistics that should make you reconsider. Made by Weekdone https://weekdone.com
Why employee feedback is more than a regular paycheck
- 1. WHY EMPLOYEE FEEDBACK ≠REGULARPAYCHECK Managers often feel that the regular paycheck provides enough feedback and recognition. Here’s why you should reconsider:
- 2. Less than ½feel they receive enough from their jobs 40% of employees quitting do so within 6 months of starting 46% say they get paid enough 47% say their employer regularly seeks input from them
- 3. receive service awardsfor milestone anniversaries say these awards have no impact how they feel 81% 50% 59% thank you with a gift 38% verbal thank you 4% eThanks card Memorable forms of recognition include
- 4. Regular feedback makesyour team happier 35% of employees are happy at work after receiving feedback and recognition 51% report they are happy at work
- 5. “Operating without #feedbackis like learning to cook without tasting your food” – Joel Peterson, Chairman of the Board at JetBlue Airways 2x happy employees stay longer on their jobs 14.9 lower turnover rates in companies that provide feedback
- 6. Ask 3 simplequestions every week: 1. What have you accomplished and proud of? 2. What are your key goals for next week? 3. Is anything troubling you? Give feedback continuously, it doesn’t have to be time-consuming
- 7. Resources: Adapting to therealities of our changing workforce, Globoforce spring 2014 report. Globoforce Reveals 2011 Workforce Mood Tracker Survey Results [http://www.globoforce.com/news/press-releases-archive/globoforce-reveals-2011-workforce-mood-tracker-survey-results/] APA’s Work and Well-Being Survey, 2013, [http://www.apa.org/news/press/releases/2013/03/employee-needs.aspx] 11 Statistics About the Importance of Employee Feedback, Officevibe [http://www.officevibe.com/blog/infographic-employee-feedback] Equifax, Turnover by Geography [http://www.talx.com/benchmarks/turnover/index.asp] google.com/+weekdonefb.me/weekdonelinkedin.com/ company/weekdone @weekdone Weekdone.com - employee progress reporting and internal communications tool. Always know team-members' plans and achievements. Publish objectives, see how your team is moving towards them and provide weekly feedback with a click of a mouse.