Why Recognition Matters: 14 Compelling Employee Recognition Statistics

Employee recognition is a powerful tool that can have a significant impact on employee engagement, retention, and productivity. But how effective is employee recognition, really?

This blog post will explore 15 employee recognition statistics that will make you think about the importance of recognizing your employees. We’ll cover topics such as the benefits of employee recognition, the impact of recognition on employee retention and productivity, and the most effective ways to recognize employees.

By the end of this blog post, you’ll have a better understanding of the power of employee recognition and how you can use it to create a more positive and productive work environment.

1. 37% of employees say recognition is most important to them.

This statistic, from a study by Reward Gateway, shows that recognition is a top priority for many employees. When employees feel appreciated, they are more likely to be engaged and productive.

2. Recognition can increase productivity by 31%.

A study by the Brandon Hall Group found that recognition can increase productivity by up to 31%. This is because recognition motivates employees to work harder and achieve their goals.

3. 63% of employees say they would be more likely to stay with a company that recognizes them.

This statistic, from a study by SHRM, shows that recognition can help to reduce employee turnover. When employees feel valued, they are more likely to be loyal to their company.

4. Recognized employees are 12 times more likely to feel valued.

This statistic, shows that recognition can make employees feel valued and appreciated. This can lead to increased morale and job satisfaction.

5. 85% of employees say they would work harder if they were recognized more often.

This statistic, from a study by Globoforce, shows that recognition can motivate employees to work harder. This can lead to improved performance and results.

6. 70% of employees say they would leave their job if they felt unappreciated.

This statistic, from a study by Quantum Workplace, shows that recognition is essential for employee retention. When employees feel unappreciated, they are more likely to leave their job.

7. The average employee receives only one piece of recognition per year.

This statistic, from a study by Achievers, shows that most employees are not recognized enough. This can lead to decreased morale and job satisfaction.

8. 80% of employees say they would like to be recognized more often.

This statistic, shows that most employees want to be recognized more often. This is a clear indication that employers need to do a better job of recognizing their employees.

9. 69% of employees say they would be more likely to recommend their company to others if they were recognized more often.

This statistic, shows that recognition can help to improve employer branding. When employees feel valued, they are more likely to speak positively about their company.

10. 78% of employees say they would be more likely to put in extra effort if they were recognized more often.

This statistic, shows that recognition can motivate employees to go the extra mile. This can lead to improved performance and innovation.

11. 89% of employees say they would be more likely to stay with a company that offers a strong recognition program.

This statistic, from a study by Achievers, shows that recognition can help to reduce employee turnover. When employees feel valued, they are more likely to be loyal to their company.

12. 88% of employees say they would be more likely to consider a job at a company with a strong recognition program.

This statistic, shows that recognition can help to attract top talent. When employees know that they will be appreciated, they are more likely to apply for jobs at your company.

13. 92% of employees say they would be more likely to refer a friend to a company with a strong recognition program.

This statistic, shows that recognition can help to build a strong employer brand. When employees feel valued, they are more likely to speak positively about their company to their friends.

14. 87% of employees say they would be more likely to stay with a company if they felt their work was appreciated.

This statistic, shows that recognition can help to reduce employee turnover. When employees feel valued, they are more likely to be loyal to their company.

These 14 employee recognition statistics show that recognition is a powerful tool that can have a significant impact on employee engagement, retention, and productivity. If you are not currently using a recognition program, I encourage you to consider implementing one. It could be the best investment you make in your employees.

These statistics paint a clear picture: employee recognition is a MUST for any successful organization. Ready to make recognition a priority? Award Maven offers a wide range of custom awards and recognition solutions tailored to your company’s unique needs. Let us help you create a culture where every employee feels valued and celebrated.