does reward system beneficial to both employees and employers

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03-02-2021
Technology and Home Economics

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does reward system beneficial to both employees and employers

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VeniceFlaireidn VeniceFlaireidn · Answer 1 · 2021-02-03T06:00:44+08:00

VeniceFlaireidn VeniceFlaireidn

03-02-2021

They improve employee retention and save you money

The good news is that recognition programs not only help employees work harder and take more pride in the task at hand, they're also linked to reduced employee turnover. Companies that implement employee recognition programs enjoy a 31% reduction in voluntary turnover.

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