GiftCard Partners Blog

Employee recognition is not just a nice-to-have; it’s a strategic investment in your workforce. Research from Gallup shows that organizations with strong recognition programs experience 59% lower turnover rates and see significant boosts in productivity. Writing an employee recognition letter is a thoughtful and cost-effective way to highlight achievements, build morale, and reinforce positive behaviors.

A lack of recognition at work can severely impact employee satisfaction and retention. Luckily, an effective company recognition program can promote loyalty, boost motivation, and increase productivity.

Creating a thriving workplace culture starts with one essential ingredient: employee recognition. Studies show that companies with robust employee recognition strategies experience stronger engagement, reduced turnover, and increased productivity. Recognizing employees doesn’t just boost morale—it drives business success.

The top three challenges Human Resources departments across America face right now are employee turnover, employee engagement, and succession planning. All three present interesting challenges, but can be overcome if HR leaders take on the challenges with creative solutions. Let’s take a look at how HR departments can change their views on these issues to ease concerns in the new year. Consider these three New Year’s resolutions from your HR department in 2016:

A new report from SHRM and Globoforce shows that employee turnover has usurped employee recognition as employers’ number one personnel concern. The job market currently favors employees, with more openings than workers, so employers have to get creative to keep their people happy and in their jobs. The survey also revealed that 68% of employers who run a value-based employee recognition program saw an improvement in employee retention. Here are three specific ways employee recognition reduces employee turnover and maintains (or increases!) employee happiness and satisfaction.