Any organization committed to recruiting and retaining top talent must learn the art of appreciating top talent.
Employee recognition programs are quickly becoming one of the fastest growing areas of talent management and a key driver of business success. Not only do these programs fuel employee engagement but they reinforce positive behaviors throughout the organization. According to Aberdeen's 2013 employee engagement survey, 67% of Best-in-Class organizations have a formal recognition program in place compared to 58% of Best-in-Class organizations in 2012. What distinguishes these programs is their ability to embed recognition in the company culture by empowering managers, embracing innovative technology and consistently evaluating these efforts across the organization. This report based on data collected in May and June 2013 will examine the key trends and best practices necessary to design and implement a powerful employee recognition program.
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