Another close look has recognized the value of employee-recognition programs in strengthening corporate culture and, specifically, employee engagement.
About 72 percent of recently surveyed HR professionals siad that their company or organization's employee-recognition program serves to help the business "instill and reinforce corporate values to its employees," according to joint research for the Society for Human Resource Management and Globoforce consultancy.
Even more -- 82 percent -- report that employee-recognition programs have a positive impact on employee engagement. Another 54 percent said that recognition programs help the organization retain employees.
Presumably reflecting such growing regard for the importance of recognition programs in boosting employe regard for the company, 6 percent of those HR professionals in the survey reported plans to launch a recognition program in the next 12 months.
"Highly engaged employhees can boost a company's profitability," Eric Mosley, CEO of Globoforce, said in a release about the survey.
We'll second that.