X

Would you like to customize your experience?

We will only send you the content you are most interested in.

I'm interested in:

Not now, thanks.

Stay Up-to-date with Xceleration

Stem talent loss through development and recognition

Employee reward programs aim not only to motivate and recognize workers, but also retain top talent to boost a company's success.

Employee reward programs aim not only to motivate and recognize workers, but also retain top talent to boost a company's success.

Businesses can hold onto productive and highly skilled staff members by neutralizing retention threats, according to the Philadelphia Business Journal. One way to do this is to focus on employee development.

Workers who have not been trained to see their role in the company in both the short and long-term are likely to be lost to firms that emphasize the value they offer to individuals, the source explains.

Additionally, for those employees that businesses feel are crucial to their success, they should be informed of their status. Being recognized as key to company operations helps individuals feel valued and makes it easier for them to envision a future with the firm.

However, be wary of using the term "top talent" to describe certain employees. It can ostracize and de-motivate other workers.

When staff members are able to perceive a future with a company, productivity and quality are bound to benefit as commitment and loyalty improve.

What are you waiting for?
Subscribe to get the latest from our blog!