Employee Engagement: The Role Recognition Plays

    The cost of employee turnover is a growing burden for companies. Employers can spend months trying to recruit, hire, and train new employees. Millennials are among the most prevalent job-changers, with millennial turnover costing U.S. companies a staggering $30.5 billion annually

    user-circle Credly
    hourglass-01 2 min read
    5ac51c3d11145479461450 (1)-1

    Employee engagement--or lack thereof--seems to be driving this trend. According to a recent Gallup report, only 31% of workers in the United States and Canada are invested in their jobs. That means almost two-thirds of the workforce are disengaged! When employees aren’t invested in their jobs, productivity decreases and job dissatisfaction and turnover increase.

    Employee Recognition Boosts Employee Engagement

    Building employee recognition programs is an employer engagement strategy gaining traction within companies. Research by Bersin found that in organizations where recognition occurs, employee engagement, productivity, and customer service are about 14 percent better than in those where recognition does not occur.

    Taking recognition programs digital--through the help of digital credentialing platforms like Credly Acclaim--further improves the results. According to the O.C. Tanner Institute report “Successful Companies Use Technology to Build Company Culture,” companies that implemented employee recognition technology saw a 48% increase in employee engagement and 26% increase in employee retention.

    employee recognition and engagement

    Digital Credentials and Employee Engagement

    Credly by Pearson helps organizations across industries create digital credentialing programs that promote a culture of achievement and recognition. From technical training to soft skills development to competency-based learning opportunities, digital credentials are a powerful way to engage employees in the workplace and reward their achievements with verifiable and shareable digital badges.

    Contact us to learn more about developing an employer engagement strategy with digital credentials.

    Talk to Sales

    Read More

    The Role Employee Learning and Development Plays in Retention

    These figures aren’t surprising, considering the heightened social, racial, and economic...
    Learn more

    What Great Managers Do To Engage Employees

    Anyone who has ever had a job knows the difference between a great manager and an OK...
    Learn more

    3 Tips to Improve Employee Engagement

    Employee engagement goes far beyond ping-pong tables and beer on tap in the office. Those...
    Learn more

    Empower and Retain Employees With Digital Credential Data

    Organizations that want to retain their top talent need to invest in employee empowerment....
    Learn more

    Your Existing Employees Need Stability, Now More than Ever

    That quickly changed with the onslaught of a global pandemic. Wide swaths of the economy...
    Learn more

    Learning & Development: Retention in the Workplace

    With the unemployment rate in the United States the lowest it’s been since 2000, the need to...
    Learn more

    Ready to Get Started with Credly’s Acclaim platform?