Tuesday, April 7, 2009

Employee Recognition and Rewards Programs Can Generate Significant Revenue and Profits

In times like these, as a manager, it’s hard not to be thinking of anything more than avoiding layoffs and downsizing. It’s easy to forget that the most important factor in keeping your company afloat is your people. But more than that, having an employee recognition program can not only keep your company from capsizing, it can actually raise your revenues.

The Recognition Council has just released an interesting white paper showing how recognition directly affects your bottom line: an engaged employee is a productive employee. Click here to read why no company can afford disengagement under the current economic climate.

How’s employee engagement fairing where you work? Let me know what, if anything has been done to boost morale where you work by dropping me a note in the comments section!