Southborough Firm: Most Workers Seek Better Recognition
In spite of a jump in employee recognition programs, most workers in the United States say they would still change jobs in favor of employers that clearly recognize employees for their efforts, according to a study conducted by Southborough-based Globoforce.
According to the survey, 55 percent of respondents indicated they would be willing to leave their current jobs. Globoforce said the findings underscore the importance of connecting frequent recognition with performance. But it also shows marked improvement in U.S. employees' opinion of company culture and job satisfaction. In comparison to results from a similar Globoforce study last fall, the latest findings support a growing focus on recognition:
- Fifty percent of employees were recognized in the past three months, up from 44 percent in the fall of 2011.
- Eighty-one percent said receiving recognition made them more satisfied with their work or position in the company, up from 73 percent.
- Fifty-four percent were satisfied with the level of recognition for doing a good job, up from 48 percent.
"Companies know what they need to do to impact the bottom line -- keep top employees and keep them engaged and focused on common goals," said Eric Mosley, CEO of Globoforce. "Yet, as this survey shows, many fail to connect the one thing that all employees seek: frequent, peer-to-peer recognition tied to performance. "
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