In today’s shaky economy, it’s more important than ever for businesses to hold on to valuable employees. According to a recent Maritz® Poll, the cost of employee turnover may be as much as one and a half times an employee’s first year salary. With so much at stake, employers are looking for more innovative ways to reduce employee turnover. And while salary and benefits are often deciding factors in the job market, a good employee recognition program can go a long way toward showing employees how important they are to your company.
