Boost Retention Through Employee Recognition

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​What’s your most vexing workforce management issue? If you’re like many of your colleagues, it’s retention. That was the No. 1 challenge identified by HR professionals in 2016, just as it was in 2015, according to survey findings from the Society for Human Resource Management and Globoforce. As organizations step up their efforts to hold on to their top talent, the survey shows that employee recognition strategies are evolving apace.Indeed, acknowledging and thanking workers can help HR address many issues, which may be why 81 percent of companies use recognition in one form or another. Three out of 5 organizations (60 percent) said their program was tied to their organization’s core values, up from 50 percent in 2012.Most HR professionals said their company’s recognition practices had a positive effect not only on retention but also on engagement, culture and employee happiness. And that’s not all. When recognition programs were linked to organizational values—in other words, when th

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