There's no doubt in the data: frequent recognition is a key driver of motivation and retention, and increasing employee recognition has a high potential return on investment. In fact, individuals who are recognized at least monthly have higher job commitment than those who receive recognition quarterly or less often. But does recognition require money or points to be effective? Or could a simple, meaningful "thank you" be enough to move the needle on employee engagement and retention?
Join Achievers' Dr. Natalie Baumgartner as she sits down with Cadillac Fairview to discuss the different roles that social and monetary recognition play in helping drive business results and best practices for increasing recognition frequency and impact. You'll learn:
• How social vs monetary recognition contribute to creating a culture of appreciation
• Data-backed best practices for increasing recognition quality and quantity
• Real-world examples of how you can optimize your organization's recognition program to drive engagement, retention, and productivity