March 29, 2021
Reduce Employee Turnover by 63% Using Employee
March 29, 2021
This is a guest post by Katerina Mery, a marketing specialist at Fond. Fond is a rewards
and recognition company dedicated to building places where employees love to work. Mery
authors articles about how to leverage recognition programs to drive company success.
Think back to the last time a colleague acknowledged you for a job well done.
How did you feel?
Did the experience have an impact on your behavior moving forward? Did the exchange
affect your relationship with the person thanking you? What about your relationship with the
company in general?
63% of employees who are acknowledged for the work they do are unlikely to look for a new
job. Expressing gratitude at work takes relatively little effort, but it can create an incredibly
memorable professional experience. Knowing that you did a good job is one thing, having a
colleague call out your great work takes the experience to another level.
Business objectives can sometimes feel at odds with an enjoyable employee experience.
Employee acknowledgment, however, is a practice that effortlessly supports both.
From this Process Street article, you’ll learn how employee acknowledgment simultaneously
caters to your organization’s business objectives. You’ll also learn how to meet the emotional
needs of your employees using fantastic positive feedback loops that generate continual
improvements across the board.
We say employee acknowledgment is a smart initiative a company can adopt – but before you
take our word for it, allow us to explain why.
Click on the relevant subheader below to jump to your section of choice, alternatively scroll
down to read all we have to say.
Let’s jump to it!
What is employee acknowledgment?
Employee acknowledgment is a simple tag-line of appreciation at the end of an email. It’s a
manager writing cards/direct reports to let employees know they’re doing a good job.