Did you know...
1.Companies with employee recognition programs have 31% lower voluntary turnover than those that don’t (Anderson, 2018). This has encouraged more and more managers to invest in corporate recognition programs.
2.Lack of recognition is the #1 reason employees quit. 72% of employees are either actively or passively job searching.
3.The average number of years a person stays willfully employed at a company is 4.2 years. Awards/Recognition creates an environment to extend that employee's time frame.
These statistics are fairly self evident that employee recognition and using awards and recognition in an ongoing awards program for your employees is extremely important. We recommend using years of service awards to help capture and identify the years of service that each individual has given to a company. Here is a link to our curated section of Years of Service Awards.