Quick Stats
“Cash and “rewards” require 5-8% of compensation to effect
behavior. Recognition requires 4% or less.”
- People, Performance & Pay, American Productivity Council
65% of the American workforce received no recognition or praise last year. What percentage of an average company’s workforce feels disengaged 71%
79% of employees listed “lack of appreciation” as one of the top reasons they would leave their job - Source- Society of Human Resource Management
Gallup Organization Stats- Tom Rath, “How Full is Your Bucket”
65% of the American workforce received no recognition or praise last year.
What percentage of an average company’s workforce feels disengaged 71%
79% of employees listed “lack of appreciation” as one of the top reasons they would leave their job - Source- Society of Human Resource Management
From Maister Class: Transform Morale into Money by Jennifer Reingold
Now, Maister has been able to show a real, casual relationship between employee satisfaction, the role of the manager, and pure, unadultered profit. His study found that a company could boost its financial performance (measured by an index, combining two-year percentage growth in revenues and profit, margin and profit per employee) by as much as 42% by raising employees satisfaction by 20%. In his study, the top 20% of offices with the best financial performance most significantly outperformed the others when it came to ranking one statement: “Enthusiasm and morale are high.