The Society of Human Resources Management (SHRM) and Globoforce recently released the findings and report of its annual employee survey.
Their key findings: In the SHRM/Globoforce survey, 803 HR leaders and practitioners shared their practices and perspectives on engagement and recognition and their impact on performance. Some of the findings include: 1. Employee engagement is the most important HR challenge facing organizations. 2. Employees are more motivated and perform better when rewarded through praise and prize. 3. Stand alone years-of-service awards are often an ineffective type of recognition. 4. Leveraging the collective recognition across a company provides a clearer picture of employee performance. 5. Crowdsourced feedback can make performance reviews more effective and enhance manager and employee appreciation.
The full report is attached. Enjoy!