Recognition Programs Target Engagement
January 2013: More than 80 percent of respondents to the Fall 2012 SHRM/Globoforce survey said that their recognition program had a positive impact on employee engagement. Seventy-two percent of respondents said that their recognition program helped the organization instill and reinforce corporate values, and 54 percent said it helped them retain employees.
When employees were asked if they would leave their current job for a company that recognized employees for their efforts, 55 percent said they would. Moreover, Globoforce found that nearly 31 percent of employees said that they had left an employer previously for that reason.