Lam Research: Improving the Global Employee Experience with Recognition

Lam Research, a leading manufacturer of semiconductor equipment, has been a Workhuman® customer since 2020. Data from one year into the program showed both a positive correlation between recognition and reduced turnover and proof that frequent recognition is related to higher engagement.

Region

Global

Business Type

B2B

Product

Social Recognition

Service Milestones

Industry

Industrial Equipment

Company Size

Enterprise

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Hear Lark Kalstad, director of global compensation, describe the reporting capabilities available within the Workhuman recognition platform and how they’re used in the performance review process. She also explains how the company’s partnership with Workhuman® iQ has helped the business achieve specific outcomes, which platform features help create a meaningful global program, and how the company is building a more connected, more inclusive culture.

This interview was recorded at Workhuman® Live 2023 in San Diego. Watch it here.

“Employees getting at least four awards had astronomically lower voluntary turnover rates. We also found that, if our new hires received recognition within their first six months, they were 3x less likely to quit.”

Lark Kalstad

Senior Director, Global Compensation, Lam Research

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