Employees and executives were each asked, "How effective or ineffective are businesses today in rewarding their employees for good performance?" Their responses:
"Businesses need to make retention an ongoing priority," said Diane Domeyer, executive director of OfficeTeam. "Rewarding employees for their accomplishments enhances productivity, reinforces positive behavior, and builds staff morale and loyalty."
Domeyer added, "Firms that fail to reward great work risk losing employees to businesses that do invest in recognition programs."
In addition to monetary rewards, OfficeTeam offers the following easy yet meaningful ways to recognize staff: