You Better Recognize Study suggests employee recognition is vital to retention Much has been written regarding the “Great Resignation” of 2021 and what is at the heart of it. According to the U.S. Department of Labor, a record number of workers quit their jobs last year, and nearly 11 million job openings were recorded at the end of December. The tight labor market has forced employers to sweeten their offerings in terms of benefits, pay and flexibility, offering everything from shortening the work week, investments, signing bonuses and even paid time off even before the hired worker starts the job. What’s missing is a focus on recognition. Once the pandemic forced employee out of their “at-work comfort zones,” they began feeling less valued, less wanted and less noticed. People just want to be appreciated, you might say. In fact, numerous surveys of remote and hybrid work styles have shown employee engagement with their peers, supervisors and their companies in general is down. So is peer, supervisor and company recognition. The old adage “out of sight, out of mind” has affected the modern workplace. A 2021 data-driven study on talent retention by employee engagement platform Vantage Circle concluded that “employee recogBy Bruce Christian RESOURCES 12 REMOTE WORK SOLUTIONS rwsmagazine.com
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