Retention is a concern for every company, regardless of prevailing market conditions. If your retention program is lax in any area, it can provide an opening for your best employees to pursue other opportunities.
CEO’s and managers alike should carefully examine the cost of employee recognition. Keeping your employees continuously engaged might seem like a time-consuming, tedious process on the surface. There are many simple ways to address engagement, ways that take little time and effort, but reap numerous rewards and benefits in the long term. One of these ways is recognition.