In this time of the “Great Resignation,” it’s more important than ever that employees feel valued by their companies. In an interesting report, Quality Logo Products surveyed American workers to see whether they currently feel valued at work and how much being valued impacts their job performance.
- 83% of employees say they feel recognized at work
- 20% say their boss had shown appreciation for their work within the last week, and 22% report it happening a few times a week
- Verbal and digital thanks are the most common forms of recognition, but pay increases and bonuses are the most desired
- 49% of employees say they’d quit their job due to a lack of recognition
- Of the employees who don’t feel valued by their companies, just 20% are constantly engaged, and 79% are burned out. And in line with the “Great Resignation,” 65% plan to leave their job within a year.
If you want to keep your staff intact (and attract new, quality workers), the key is to value and reward your employees.