Record-breaking numbers of employees continue to quit their jobs — an average of 4.3 million a month from July through November in 2020, according to United States Bureau of Labor Statistics. And as this so-called Great Resignation ripples through the workplace, perplexing employers nationwide, it also underscores the need for organizations to make employee recognition a staple of their cultures.
Why? Studies have shown that lack of recognition at work leads to higher employee turnover and conversely, receiving recognition increases employee engagement and job satisfaction. In fact, in one study, 54% of respondents said they’d rather work for a company with
