5 Reasons Smart Companies Reward Their Employees
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5 REASONS SMART COMPANIES REWARD THEIR EMPLOYEES Sources: Willis Tower Watson - Global Workforce Study, 2012 SHRM/Globoforce-Employee Recognition Survey, 2012 Bersin by Deloitte - The State of Employee Recognition, 2012 HCI – The Value of ROI in Employee Recognition, 2009 1% 85% PAYROLL ENGAGEMENT COMPANIES THAT SPEND JUST 1% OF PAYROLL ON RECOGNITION, 85% SEE A POSITIVE IMPACT ON ENGAGEMENT 41% OF COMPANIES THAT USE PEER-TO-PEER RECOGNITION HAVE SEEN POSITIVE INCREASES IN CUSTOMER SATISFACTION. 12X ORGANIZATIONS WITH THE BEST RECOGNITION PRACTICES ARE 12 TIMES MORE LIKELY TO HAVE STRONG BUSINESS OUTCOMES. COMPANIES WITH SUSTAINABLE ENGAGEMENT REPORT OPERATING MARGINS ALMOST THREE TIMES HIGHER THAN OTHER COMPANIES 3X Think that rewarding employees is all a bit soft and mushy? The preserve of HR geeks and not a serious business strategy? Then you should definitely read these 5 statistics below! 25% COMPANIES THAT REWARDED EMPLOYEES, ARE 25% LESS LIKELY TO HAVE PROBLEMS ATTRACTING TOP- PERFORMING EMPLOYEES =
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Transcript of 5 Reasons Smart Companies Reward Their Employees
5 REASONS SMARTCOMPANIES
REWARD THEIREMPLOYEES
S o u r c e s :W i l l i s T o w e r W a t s o n - G l o b a l W o r k f o r c e S t u d y , 2 0 1 2S H R M / G l o b o f o r c e - E m p l o y e e R e c o g n i t i o n S u r v e y , 2 0 1 2B e r s i n b y D e l o i t t e - T h e S t a t e o f E m p l o y e e R e c o g n i t i o n , 2 0 1 2H C I – T h e V a l u e o f R O I i n E m p l o y e e R e c o g n i t i o n , 2 0 0 9
1% 85%PAYROLL ENGAGEMENT
C O M P A N I E S T H A T S P E N D J U S T 1 % O FP A Y R O L L O N R E C O G N I T I O N , 8 5 % S E E A
P O S I T I V E I M P A C T O N E N G A G E M E N T
41%O F C O M P A N I E S T H A TU S E P E E R - T O - P E E RR E C O G N I T I O N H A V ES E E N P O S I T I V EI N C R E A S E S I NC U S T O M E RS A T I S F A C T I O N .
12XO R G A N I Z A T I O N SW I T H T H E B E S T R E C O G N I T I O NP R A C T I C E S A R E 1 2T I M E S M O R E L I K E L YT O H A V E S T R O N GB U S I N E S SO U T C O M E S .
C O M P A N I E SW I T H S U S T A I N A B L EE N G A G E M E N T R E P O R TO P E R A T I N G M A R G I N SA L M O S T T H R E E T I M E SH I G H E R T H A N O T H E RC O M P A N I E S
3X
Think that reward ing employees is a l l a b i t sof t and mushy?
The preserve of HR geeks and not a ser ious bus iness
st rategy? Then you should def in i te ly read these 5 s tat is t ics
be low!
25%C O M P A N I E S T H A TR E W A R D E DE M P L O Y E E S , A R E 2 5 %L E S S L I K E L Y T O H A V EP R O B L E M SA T T R A C T I N G T O P -P E R F O R M I N GE M P L O Y E E S
=
