{"id":5442,"date":"2021-06-22T04:09:00","date_gmt":"2021-06-22T08:09:00","guid":{"rendered":"https:\/\/www.successories.com\/blog\/?p=5442"},"modified":"2024-09-04T12:17:32","modified_gmt":"2024-09-04T16:17:32","slug":"why-employee-recognition-works-consistently","status":"publish","type":"post","link":"https:\/\/www.successories.com\/blog\/why-employee-recognition-works-consistently\/","title":{"rendered":"Why Employee Recognition Works Consistently"},"content":{"rendered":"\n

Employee recognition works because it consistently increases productivity up to 12%, makes employees happier and more engaged, reduces turnover by as much as 60%.<\/p>\n\n\n\n

In years past, employers took a relatively simplistic view of employee retention. Pay them more and they\u2019ll stay. That works in some instances, but study after study has shown that the needs of today\u2019s workforce are very different than the needs of generations that came before.\u00a0 Money is only an effective incentive to a point.\u00a0 Beyond that, today\u2019s employees are looking for more.\u00a0 That \u201cmore\u201d invariably takes two forms: awards<\/a> and autonomy.<\/p>\n\n\n\n

When you think about it, that makes a certain amount of intuitive sense.  After all, one of the reasons you probably started your own business is the fact that you, yourself, wanted greater autonomy.  The freedom and flexibility to structure your day the way you wanted, and recognition from friends, family and peers for successfully growing a thriving business.  Your employees aren\u2019t so different.<\/p>\n\n\n\n

Moving beyond the simple question of why recognition is important and why it works, there\u2019s the question of how well it actually works.  Here, there\u2019s no need to guess because the data is clear.  Employee recognition works because:<\/p>\n\n\n\n