Why is Employee Recognition Important - Personal Branding Blog - Stand Out In Your Career Every human being wants to be recognized and appreciated for the work they do because they like to see the reward of their efforts. However, managers often wait until the annual performance review day to give their feedbacks and show their recognitions. Managers shouldn’t wait only one day of the year to recognize their employees. Instead, they should recognize them every day. This is only possible, if employee recognition becomes part of that company’s culture. It is recommended that every company makes employee recognition an essential part of their company cultures and below you can see its reasons. Lowers Employee Turnover and Retention: When employees feel recognized, they tend to stick around longer and therefore, employee turnover and retention decrease. Correspondingly, recruiting and training a new employee costs decrease.
