Some research facts and figures from surveys

Employees’ perspectives

• Praise and recognition are essential for work well-done or a great effort
• We need to be respected and valued for our contribution
• When we feel our work is valued, our satisfaction and productivity rises
• And we are motivated to maintain or strive to do better
• 78 % of employees said being recognized motivates them in their job
• Only one in five employees are not confident their manager will provide regular and constructive feedback

Employers’ perspectives

• 43% of highly engaged employees receive feedback at least once a week
• Companies who implement regular employee feedback have turnover rates that are 14.9% lower than for employees who receive no feedback
• Only 8% of companies believe their performance management process is highly effective in driving business value, while 58% say it’s not an effective use of time