Recognize collaborators based on your company's cultural values π
- Determine how success π₯ looks like
- Create a shared mission and vision π
- Give voice, recognition and participation to collaborators π
- Build relationships to keep the best talents β
- Encourage people to make strong social connections so they want to stay
- Reduce staff turnover
- Cultural strengthening π²
Employees whose good work is regularly recognized by their bosses are 5X more likely to
stay with their companies. On the flip side, 24% of workers who felt like their work
wasnβt recognized in the past two weeks had recently interviewed for a job elsewhere.
Replacing a single employee can cost 3 to 9 months of their salary in hiring, training,
and lost productivity.