The Impact of Non-Monetary Recognition on Employee Motivation and Performance: An Empirical Study on Retention and Engagement

Companies can help their employees to feel more appreciated by implementing the correct elements of a recognition program. The truth is that recognizing employees for their hard work is one of the least expensive and easiest ways to improve the level of employee retention in your organization. The return on investment for a manager's time and limited expenses can be incredible. For an organization to do well it’s important to have strong employee base. For that the company needs to have an employee retention strategy. One of which is Rewards & Recognition. Human Resources, with financial support from the office of Business and Finance, would like to encourage and assist managers and supervisors to reward and recognize their employees. 

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