Think that rewarding employees is all a bit soft and mushy? The preserve of HR geeks and not a serious business strategy? Then you should definitely read these 5 statistics!
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5 Reasons Smart Companies Reward Their Employees
1. 5 REASONS SMART
COMPANIES
REWARD THEIR
EMPLOYEES
Sources:
Willis Tower Watson - Global Workforce Study, 2012
SHRM/Globoforce-Employee Recognition Survey, 2012
Bersin by Deloitte - The State of Employee Recognition, 2012
HCI – The Value of ROI in Employee Recognition, 2009
1% 85%PAYROLL ENGAGEMENT
COMPANIES THAT SPEND JUST 1% OF
PAYROLL ON RECOGNITION, 85% SEE A
POSITIVE IMPACT ON ENGAGEMENT
41%
OF COMPANIES THAT
USE PEER-TO-PEER
RECOGNITION HAVE
SEEN POSITIVE
INCREASES IN
CUSTOMER
SATISFACTION.
12X
ORGANIZATIONS
WITH THE BEST
RECOGNITION
PRACTICES ARE 12
TIMES MORE LIKELY
TO HAVE STRONG
BUSINESS
OUTCOMES.
COMPANIES
WITH SUSTAINABLE
ENGAGEMENT REPORT
OPERATING MARGINS
ALMOST THREE TIMES
HIGHER THAN OTHER
COMPANIES
3X
Think that rewarding employees is all a bit soft and mushy?
The preserve of HR geeks and not a serious business
strategy? Then you should definitely read these 5 statistics
below!
25%
COMPANIES THAT
REWARDED
EMPLOYEES, ARE 25%
LESS LIKELY TO HAVE
PROBLEMS
ATTRACTING TOP-
PERFORMING
EMPLOYEES
=