employees who receive recognition only a few times a year from management or leadership are significantly less engaged, with 74% more likely to say they do not plan to be with the organization in one year. (Photo: Shutterstock)
Workplace recognition is vital to the productivity and happiness of employees, yet the majority of employers do not have a recognition program for workers, a new report says.
The report, released by Workhuman and Gallup, calls recognition a core human element of work, one that makes a big difference to workers… and to a company's bottom line. The report estimated that a large employer (10,000 employees) can save up to $16.1 million annually in turnover costs if they have an effective recognition program.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
