Recognize collaborators based on your company's cultural values 🎉
- Determine how success 🥂 looks like
- Create a shared mission and vision 😎
- Give voice, recognition and participation to collaborators 😁
- Build relationships to keep the best talents ☕
- Encourage people to make strong social connections so they want to stay
- Reduce staff turnover
- Cultural strengthening 🌲
Employees whose good work is regularly recognized by their bosses are 5X more likely to stay with their companies. On the flip side, 24% of workers who felt like their work wasn’t recognized in the past two weeks had recently interviewed for a job elsewhere.
Replacing a single employee can cost 3 to 9 months of their salary in hiring, training, and lost productivity.