According to the latest SHRM/Globoforce survey results, companies who follow three key recognition practices are seeing better metrics across the board.
By tying recognition back to company values, making it peer-to-peer, and investing ≥1% of payroll, companies see upticks in metrics such as retention, enablement, engagement and even financial results. In this report, you’ll discover how:
- Companies using strategic recognition are 48% more likely to report high engagement
- Companies with peer-to-peer recognition are 35% more likely to report lower turnover
- Companies spending ≥1% of payroll on recognition are 79% more likely to see better financial results.
- Download the report now to learn about these key findings and more.