When asked whether they would look for a new job in the next 12 months, more than one-third (38%) of respondents to a Workhuman survey said “yes.” That means nearly 4 in 10 employees are flight risks – and this projected voluntary turnover has the potential to cost organizations billions of dollars.
To stop this “great talent swap” before it negatively impacts your business, it’s necessary to operationalize appreciation within and across teams. Peer-to-peer recognition, which is a company initiative to reward people for their achievements and contributions, is perhaps the most valuable tool in strengthening culture and protecting against turnover.
Here are 6 reasons employee recognition with Workhuman is the best choice.
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