How to keep your Best Employees with Recognition

In our previous article about how to hire great employees we described what organizations need to do to HIRE the best employees. This article addresses how to KEEP them by developing an employee retention strategy.

Having a comprehensive employee recognition strategy is a key part to hiring and retaining good employees. Below, some strategies will be explained on how to keep good employees.

To get the most from your strategy, recognition must become a common and frequent practice throughout your workplace. Let's start by considering how Employee Recognition can help you retain good employees in your organization.

The ABCs of Employee Recognition

The US Department of Labor tracks all turnover rates, and one of the components of this measurement is the number of quits. These are voluntary separations initiated by the employee, and serve as a measurement of worker’s willingness to leave their jobs. In 2014, this rate has again increased slightly from the levels seen in 2013. Below, the importance of employee recognition is explained.

Employee Points Programs - why use them?

The simple answer: Points-based employee reward systems have been consistently proven to WORK!

Research has proven that companies giving regular thanks and recognition to their employees far outperform those that do not.

Plus, higher performing companies actually had almost 30% lower voluntary employee turnover rates.

If regular and frequent recognition is so successful, why aren't more companies doing it?

Holiday Gifts Employees Really Want

The Christmas Holiday season is a great opportunity to say Thanks to your valued employees.

Most companies want it to be a memorable and personal experience to show the staff how much they truly care and to show appreciation for all they do.

You want to make recipients feel special by giving each employee a special gift, but there's so much to do, in so little time. What can you do to make finding employee holiday gifts easy? We have some holiday gift ideas for employees to share with you!

Employee Points Programs - defined

Points-based employee reward programs are powerful and exciting motivators, allowing management to reward employees with Points for their performance, and other desired actions.

In this type of recognition program, employees usually will have multiple opportunities to earn points for their various achievements.

4 Key Drivers of Employee Engagement

Employee Engagement levels significantly affect almost every measure of an organization's success.

Research and countless studies clearly and consistently show the direct link between an organization's success and the Engagement level of its employees.

With all of this proof regarding the value and benefits of higher employee engagement, is your company ready to make improving engagement a high priority?

Here's some employee engagement tips to get started.