Research Library > OC Tanner > The Business Case for Recognition

The Business Case for Recognition

White Paper Published By: OC Tanner
OC Tanner
Published:  Jun 12, 2018
Type:  White Paper
Length:  12 pages

Employee recognition is more than an HR program—it has a profound impact on an organization’s workplaceculture and bottom line.

Employee recognition has a strong influence on an organization’s workplace culture. Research on 10,000 employees in 12 countries shows that organizations who have a great culture are:

  • 54% more likely to have employees that are Promoters on the standard NPS scale
  • 53% more likely to have highly engaged employees
  • 29% more likely to have employees innovating and performing great work
  • 27% more likely to have increased in revenuelast year
  • 25% more likely to have growth in team size in the last year1

By creating a great workplace culture employees want to engage with, you’ll see an improvement in business results. Employee recognition touches every aspect of your company culture and your employee experience—from recruiting, to engagement, productivity, innovation, and retention.



Tags