According to Gallup, only 33% of employees are engaged at work. Based on OC Tanner research, 79% of employees who quit their jobs claim that a lack of appreciation was a major reason for leaving. This seems to support the common belief that employees who quit don’t leave the job; they leave their boss. One last statistic—that same OC Tanner research revealed that 65% of Americans claimed they hadn’t been recognized even one time in the past year.
In today’s battle to attract and retain top performers, organizations are looking for effective strategies like additional perks and optimized workplaces. But, perhaps they are overlooking an easily executed and less expensive approach: employee recognition.