By David Brennan, Achievers
It’s no secret that satisfied employees are the most productive. Research shows that happiness has a dramatic effect on performance, and that business success is driven by engaged employees. Conversely, unhappy or disengaged employees are less productive and creative, and more likely churn, which represents a significant drag on an organization’s resources.
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In short, it is in every business’s best interest to prioritize the happiness of their employees, and billions of dollars are funneled into these efforts a year. Perks like catered lunches, complimentary massages, free gym memberships, and unlimited vacation days are becoming increasingly common as organizations strive to attract and retain talented people.
However, these lavish perks fail to connect with the core of what really cultivates employee satisfaction. The key to earning employee trust, keeping them happy, and reducing churn is actually much simpler: recognition.