Made by employee progress reporting tool Weekdone - https://weekdone.com Manager's often feel that regular paycheck provides enough feedback and recognition. This presentation highlights several reasons supported by the statistics that should make you reconsider. Made by Weekdone https://weekdone.com

1. WHY EMPLOYEE FEEDBACK
≠REGULAR PAYCHECK
Managers often feel that the regular paycheck
provides enough feedback and recognition. Here’s
why you should reconsider:

2. Less than ½ feel they receive
enough from their jobs
40%
of employees
quitting do so within
6 months of starting
46%
say they get paid
enough
47%
say their employer
regularly seeks input
from them

3. receive service awards for
milestone anniversaries
say these awards have no
impact how they feel
81% 50%
59%
thank you with a gift
38%
verbal thank you
4%
eThanks card
Memorable forms of recognition include

4. Regular feedback makes your
team happier
35%
of employees are
happy at work
after receiving
feedback and
recognition
51%
report they are
happy at work

5. “Operating without #feedback is like learning to
cook without tasting your food”
– Joel Peterson, Chairman of the Board at JetBlue Airways
2x
happy employees stay longer
on their jobs
14.9
lower turnover rates in
companies that provide
feedback

6. Ask 3 simple questions every week:
1. What have you accomplished and proud of?
2. What are your key goals for next week?
3. Is anything troubling you?
Give feedback continuously, it
doesn’t have to be
time-consuming

7. Resources:
Adapting to the realities of our changing workforce, Globoforce spring 2014 report.
Globoforce Reveals 2011 Workforce Mood Tracker Survey Results
[http://www.globoforce.com/news/press-releases-archive/globoforce-reveals-2011-workforce-mood-tracker-survey-results/]
APA’s Work and Well-Being Survey, 2013, [http://www.apa.org/news/press/releases/2013/03/employee-needs.aspx]
11 Statistics About the Importance of Employee Feedback, Officevibe
[http://www.officevibe.com/blog/infographic-employee-feedback]
Equifax, Turnover by Geography [http://www.talx.com/benchmarks/turnover/index.asp]
google.com/+weekdonefb.me/weekdonelinkedin.com/
company/weekdone
@weekdone
Weekdone.com - employee progress reporting and
internal communications tool. Always know
team-members' plans and achievements. Publish
objectives, see how your team is moving towards
them and provide weekly feedback with a click of a
mouse.