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How to spend
your HR
budget
Did you
know?
North American companies
spend $72 billion each year
to find and hire talent.
Source – Bersin
On average, companies
spend $3300 per hire.
Source – Bersin
By comparison, $1.5 billion
is spent on talent retention,
including measuring
engagement and motivating
performance.
Source – Bersin
And yet . . .
80% of an organization’s
value - intangible - lies in the
talent they already have.
Source – Bersin
Source – Gallup
It’s three times as costly to
replace an employee as it is
to acquire a new one.
And . . .
Where should
I invest?
Cost
v.
Investment
Survey & Pulse
Source: Towers Watson
Make Data Based Decisions
Source: Towers Watson
Did you know that
recognition can boost
employee engagement by
up to 60%?
Source: Towers Watson
Recognition.
Did you know that
recognition can boost
employee engagement by
up to 60%?
Source: Towers Watson
Organizations that clearly
communicate mission and
purpose to employees are
5% to 15% more profitable
and have 30% less turnover.
Source: Gallup
Employees who report being
recognized on a regular basis
have higher levels of job
satisfaction.
Source: Globoforce
Feeling valued at work is a
key indicator of job
performance.
Source: Corporate Executive Board
What do I do?
 Recognition is a valued form of
communication
 Different employees are motivated by
different rewards
 Leverage recognition as a business asset
In the news:
ONLY
Thank
you!

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Editor's Notes

  1. Need a great looking title slide
  2. Nothing spurs people to greater heights than being recognized for their effort & accomplishments. Recognition is a tactical driver of engagement. When done right it can drive engagement and discretionary effort, help managers be better managers, create institutional memory and reinforce corporate culture.
  3. Nothing spurs people to greater heights than being recognized for their effort & accomplishments. Recognition is a tactical driver of engagement. When done right it can drive engagement and discretionary effort, help managers be better managers, create institutional memory and reinforce corporate culture.