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How to Keep Your Top Employees From Leaving (Infographic)

How to Keep Your Top Employees From Leaving (Infographic) | Business Brainpower with the Human Touch | Scoop.it

Employee recognition programs may sound like an unneeded expense, but research shows that a little peer-to-peer recognition goes a long way.  


For example, organizations with a strong employee recognition approach are 12 times more likely to have strong business results, according to data cited by OfficeVibe. Companies with strategic recognition programs also report lower turnover rates than companies that don't.


The infographic below explains why investing in employee recognition is worth it.

The Learning Factor's insight:

Want to keep your best workers? Some strategic employee recognition will help.

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Gagan Preet Singh's curator insight, August 28, 2014 2:49 AM

Strong employee are the back bone of the organisations. How your company perform in the market it is totally depend on the team that how much they have experience, how they adopt the new techniques and how long they deal with the same organisation. If company ignore the senior and experienced employee's need then it effects on the work. And you can see market value of that particular company how it perform in the industry. So it is more important that companies should have senior and experienced person for their work.

 

Visit: http://www.speechbox.in/category/current-affairs ; A platform to discussion various things

 

   

Mark Liversidge's curator insight, August 28, 2014 4:54 AM

Happy staff = happy customers!

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One third of Aussies waste time at work, Ernst and Young study shows

One third of Aussies waste time at work, Ernst and Young study shows | Business Brainpower with the Human Touch | Scoop.it

A THIRD of Australian workers waste almost a quarter of their day at work, a survey shows. The Ernst and Young Australian Productivity Pulse survey found the lack of productivity costs businesses more than $41 billion each year in wages alone.


The survey of 11,500 people showed the current economic slowdown particularly affects the productivity of workers who felt insecure about their jobs.


"Workers that feel insecure about their roles or are unsatisfied with their workplace have fallen further down the productivity scale as a result of the current slowdown," Ernst and Young Oceania Advisory leader Neil Plumridge said.