Peer recognition, rewards and engagement Made Simple. Celebrate success one at a time! Studies have shown that recognition can reduce up to 30% of your employee turnover cost.
Shabashy /Shābāshi:/ is a pat on the back in the Indian subcontinent to signal commendation for an achievement, similar in meaning to bravo and kudos.
We all understand how important it is for the companies to be transparent to their most valuable asset – people. Studies have shown that in most organization where they do have a rewards and recognition program, only 58% of their employees even know that such programs exists.
We all know the importance of recognition but what use is a recognition if you do not mention the specific reason of why you are recognizing someone. It is very important to provide specific reasons for recognition which helps employee understand what they are doing right.
If the recognition program is too complicated and is not frequently rewarding good behavior, it is meaningless. It should be easy to recognize your employees in the moment and every time they do something good.