KEY BENEFITS OF EMPLOYEE RECOGNITION & ENGAGEMENT

Liesma Rijniece
January 5, 2021

Enhancing employee engagement and recognition can boost employee productivity and performance.

An Emotional Commitment to Your People

People-first cultures work wonders. They help create powerful work relationships and, in turn, allow you to reap the benefits of higher engagement such as increased employee motivation, satisfaction, productivity, and retention.

For this very reason, top-class organizations from around the world have shifted to investing heavily in employee recognition and engagement.

The Secret Formula to Unending Success

The principal formula is pretty simple!

Better employee engagement and recognition, coupled with strong communication, is always equal to improved productivity in the workplace, leading to unparalleled profit and growth spurts.

If you’re still wondering how do we do it, let us give you a quick overview:

  • Higher engagement = lower absenteeism = greater working hours
  • Better communication = key driver to customer satisfaction = higher revenue
  • Higher engagement = low turnover = hiring costs reduced significantly
  • Better communication = improved financial performance = sustainable profit growth

Now that you have a greater understanding of the never-ending business benefits you can secure through improved employee engagement, it’s time to entrust us to help you take your business to the next level.

The Substantial Impact of High Employee Engagement and Recognition on your Business

The benefits of boosting your employee engagement and recognition are plenty. Here are some of them:

  • Engaged employees are far less susceptible to burnout than their exhausted counterparts. 95 % of HR leaders said in a survey that employee burnout is “sabotaging workforce retention.”
  • Happy customers are loyal customers. If they like you, they’ll keep coming back. In fact, 86% of buyers are willing to pay more for a great customer experience.
  • According to the CDC Foundation, employers lose an estimated $225.8 billion in productivity losses each year due to absenteeism. Lowering absenteeism is no easy task, but neither is it impossible, and investing in your employees is a huge payoff.
  • Engaged employees are heavily invested in their work. Research shows that disengaged employees cost the U.S. $483 to $605 billion per year in lost productivity and that the cost of replacing a staff member is upwards of approximately USD $45,000 on average.

Peero – Drive Company Culture Forward

By serving hundreds of diverse clients from around the world, we have been able to grasp the notion of various high-performance work cultures and structures, which has led us to advance our strategies in assisting you to achieve lasting business success.

What We Have Seen our Clients achieve by using Peero

  • 95% engagement rate
  • 2.5x more market recognition than before
  • 5x less employee turnover

What You Achieve

  • Comprehensive communication mapping for frequent employee interactions
  • A list of key drivers for winning the hearts and minds of your workers
  • Promising unconventional strategies for improved corporate performance
  • Hundreds of tips for easy employee recognition and success celebration

Get in Touch Today!

We promise results and help you achieve a competitive advantage in this dynamic digital age by enabling you to truly empower your team

So, what are you waiting for?

Implement Peero today and elevate your company culture!