Sam wants to boost employee engagement. They keep telling other leaders that amping up employee recognition could help. But their opinion isn’t translating into the resources they need to make a real impact highlighting top employees. What Sam needs is data to convince other stakeholders!
Easier said than done? If you’re facing the same challenge, perhaps this roundup of recent employee recognition stats can help you inspire change.
Few people actually doubt the value of employee recognition to employee management. Regularly acknowledging achievements, rewarding people for going above and beyond, and celebrating milestones can all have a positive impact. Typically organizations with successful employee recognition programs can expect to see greater employee engagement, productivity, collaboration, diversity, and a thriving overall company culture. The following employee recognition stats can help you sway others to (ahem) recognize the importance of these initiatives.
1. 4 in 5 workers feel recognition improves engagement.
Actually 81.9% of employees agreed that recognizing their contributions improves their engagement. In fact, in Nectar’s survey of 800 full-time employees in the US, 39% strongly agreed with correlating recognition and engagement at work.
2. 63% of women who receive the right amount of recognition are less likely to feel burned out.
The amount of recognition matters differently across gender, race, or ethnicity, according to a Gallup and Workhuman study. “Receiving the right amount of recognition for the work employees do is beneficial across the board,” the authors note.
Yet, the correlation to reduced burnout is highest among women (63%). Further, Black and Hispanic employees that strongly agreed they receive the right amount of recognition were 43% and 44% less likely to be burned out. The corresponding reduction in burnout is 20% among White employees.
3. Black and Hispanic employees are 26% less likely to look for other work if they receive the right amount of recognition.
This means recognition can help protect diversity by cutting the risk of Black and Hispanic employee turnover. Moreover, White employees who strongly agreed in the Gallup and Workhuman poll that they receive the right amount of recognition were 36% less likely to look for other work. Along gender lines, the percentages again highlighted the higher impact of recognition on women (43%) than men (31%).
4. Genuine recognition can inspire 69% of employees to work harder.
Employees who feel recognized at work are also two times more likely to say people at their organization are willing to go above and beyond. Both of these stats come from Great Place to Work analysis of over 700,000 survey responses.
5. Recognition drives employee engagement, productivity, and performance 14% higher.
That’s according to research from Deloitte which found “Recognition is highly correlated with improving employee engagement, in turn improving job performance and capturing business value.”
6. 1 in 2 employees would like more recognition at work.
That’s regardless of their positions too. In Quantum Workplace’s survey, 58% of managers wanted more recognition while 50% of individual contributors craved more recognition. Even 47% of directors and above would welcome more acknowledgement at work.
7. 49% of employees receive feedback weekly.
That’s the most common frequency for employee feedback among Nectar’s survey respondents. Monthly feedback was next most frequent with daily, yearly, and quarterly following, respectively. Additionally, “while 98% of employees who receive daily recognition feel valued by their employer, only 37% of employees receiving yearly recognition feel the same.”
Gallup and Workhuman back this up. In Transforming Workplaces through Recognition they found that those who receive recognition only a few times a year from leaders were five time more likely to actively disengage and 74% more likely to expect that they would have left their job within the year.
8. Recognizing performance or role accomplishments is the most preferred type of recognition (71%).
Every employee will respond to recognition in their own way. Still, in Quantum Workplace’s survey, recognizing performance or role accomplishment was the most popular type of recognition. Some 44% of respondents wanted acknowledgement for value to the organization. Teamwork or collaboration kudos also appealed to 43%.
9. Effective employee recognition leads to 44% greater overall life satisfaction.
Yes, you read that correctly. That’s not just workplace satisfaction. Those who feel their organization offers effective recognition were 44% more likely to feel like they were “thriving” in life overall, according Gallup and Workhuman’s Transforming Workplaces survey.
10. 1 in 5 of managers and leaders prioritize recognition.
According to the Gallup Workplace Recognition Survey, 2022, 19% of managers and leaders says recognition is a priority at their organization. Yet only 36% of organizations in that Gallup survey had some sort of recognition program.
Interestingly, 52.6% of employees in Nectar’s (smaller) survey had recognition programs at their workplace. Nectar also found that employees feel significantly more valued in companies with recognition programs. Their survey indicated, “While 92% of workers feel valued in companies with recognition programs, only 70% feel valued in companies without one.”
Understanding your employee recognition efforts
With only a third or half of organizations (depending on your stat of choice) investing in employee recognition programs, these initiatives can clearly contribute to a competitive advantage. However, it’s important to do recognition the right way.
Incorporating a few on-point questions in your ongoing Employee Pulse Surveys can help you learn how people want to be recognized and how often. After all, according to Gallup and Workhuman, “Only 10% of employees report being asked about their preferences for how and how often they get recognition.”
Show your people that you value their opinions about how you acknowledge them. Sogolytics can help! With extensive experience working with companies across the world to create employee experience programs that work, we can help you get the data you need — and turn those insights into action. Ready to get started? Book a consultation with Sogolytics today.