While offering competitive salaries and benefits is essential, there is one often overlooked success factor: appreciation in the workplace.
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Next to not defining expectations, having a non-existent or weak non-monetary reward and recognition system can lead to underperforming employees. Here's a quote from the article based on Gallup research:
Gallup's research shows that only one in three U.S. workers feels engaged, and a staggering 79% of job departures are attributed to a "lack of appreciation."
Almost 80 percent of employee resignations are based on a lack of appreciation. Are some of your best employees looking at job boards and talking to recruiters because your appreciation program is horrible?