Recognition programs are crucial for several reasons:
Motivation: Recognizing employees' efforts can significantly boost their motivation, leading to increased productivity and job satisfaction. Retention: Employees who feel valued are more likely to stay with the company, reducing turnover and the associated costs of hiring and training new staff. Culture: A strong recognition program can help build a positive company culture where employees feel appreciated and connected to the organization’s goals. Performance: Recognition can drive better performance as employees are encouraged to meet and exceed expectations to receive acknowledgment.