Social recognition helps employees make positive, measurable impacts on their company culture. It allows them to celebrate successes together and build meaningful relationships with each other.
Every time a skilled worker leaves a company, it costs the company about 30 percent of that employee’s salary to replace them.
There are 4 main transitionary phases in the employment lifecycle; Preboarding, Onboarding Reboarding, and Offboarding.
There’s a lot that companies can measure throughout the hiring process. With the right tools, though, measuring is easy.
In spite of their differences, however, the different generations share one preference that transcends age: a desire for recognition.