PerformanceLink
The first enterprise system that puts all of your employee recognition programs on a single platform, so you can define, measure and reward performance and safety achievements that support your goals.
Recognition is among the best (and most cost-effective) methods of improving work motivation and employee engagement
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Summary of Kanungo and Mendonca, Gallup and Corporate Leadership Council studies, 2009
Organizations with recognition programs highly effective at improving engagement have 31% lower voluntary turnover than organizations with ineffective recognition programs.
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Bersin & Associates, 2012
Both financial and non-financial incentives are important in a retention strategy–30% vs 90%…..choose one.
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J. Pfeffer School of Business, Stanford University
Rewarded Behavior is Repeated Behavior
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Reinforce the value of performance improvement
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Fosters continued improvement
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Formalizes the process of appreciation
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Provides positive and immediate feedback
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Fosters communication of valued behavior and actions
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