Social Recognition Programs-- Why They Matter
According to the U.S. Department of Labor, the number one reason people leave their jobs is lack of appreciation. These figures speak to the challenge of talent retention and employee engagement, illustrating that a troubling percentage of employees who feel undervalued move on to what they hope will be greener pastures. But what of the productivity of those that remain? Discretionary effort is directly linked to feeling valued. If you believe that your efforts matter, then you will be less likely to leave and more likely to invest greater effort into your job each day. This whitepaper will discuss how social recognition brings to light the contributions and milestones of the employee and transmits the story across the corporate intranet. Recognition becomes a cultural asset, infusing the social intranet with stories of success and achievement.