Doubting whether investing in appreciation is worthwhile? Research by Gallup (2023) shows that appreciation not only increases engagement but also provides a tangible return. In short: appreciation pays for itself!
Research shows: appreciation pays off!
When people feel appreciated, they grow - as individuals, as a team and as an organization. Give your colleagues the appreciation they deserve - from a quick like and applause to a thoughtful gift that really makes a difference.
What does an employee loyalty program provide?
Results from the Gallup survey:
- Engaged employees make companies 23% more profitable, reduce absenteeism with 81% and increase performance with 23%.
- Open communication strengthens trust, accelerates collaboration and increases productivity.
- Engaged teams share ideas faster, come up with creative solutions and drive innovation.
- 43% less turnover and talent retained longer, saves significantly (thousands of dollars) annually on recruitment, onboarding and training.
Questions our customers ask
What does an appreciation and reward platform provide?
Appreciation is not only good for the atmosphere, it also has a directly measurable impact on your organization. According to Gallup (2023), engaged employees make companies 23% more profitable, they reduce absenteeism by 81% and increase performance with 23%. In addition, a culture of recognition makes talent stay longer: companies with a strong valuation strategy see 43% less turnover.
In short, investing in an appreciation platform is not only good for your team, but also for your bottom line. Less turnover means lower recruiting and onboarding costs, and higher productivity means better performance.
Is appreciation really that important to employees?
Yes! Appreciation has a huge impact on how people feel and perform in the workplace. When employees feel recognized, they are more motivated, productive and loyal. Research shows that open communication and recognition increase trust, strengthen collaboration and encourage innovation.
And the great thing is: appreciation doesn't have to be complicated. From a simple "thank you" to a reward for exceptional achievement - every moment of recognition contributes to a positive work culture.
How does a platform help strengthen our corporate culture?
A valuation and reward platform makes valuation a fixed and visible part of corporate culture. It makes it easy for employees to recognize each other, whether it's a small gesture or a large reward. This encourages a culture where appreciation is structurally embedded, rather than something incidental.
In addition, a platform helps make appreciation transparent and fair. Everyone gets a chance to celebrate achievements and share successes, which strengthens team spirit and cooperation.
Is a valuation platform only for large companies?
No, definitely not! Both small and large companies benefit from a structured valuation system. For smaller companies, it helps build a close and engaged corporate culture, while larger organizations can use it to bring structure and efficiency to their valuation strategy.
With flexible setup options, a platform can be tailored to your company's needs, regardless of size. That way, you ensure that everyone - from startup to CEO - gets the recognition they deserve.
What are the first steps to improve appreciation in our company?
A good start is to make appreciation a conscious and structural part of your corporate culture. Start with small changes, such as complimenting more often or celebrating successes in team meetings. Then you can deploy a platform to make appreciation accessible and consistent for everyone in the organization.
With an appreciation platform, you make it easy to recognize employees, reward performance and embed a culture of appreciation. And as Gallup shows: that investment pays off handsomely.
Want to know more about JobRewards?
Send an e-mail or make an appointment. We will be happy to show you all the possibilities of JobRewards or send you an information package.