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How Social Recognition Breeds Talent Retention and Employee Engagement?

According to the U.S. Department of Labor, the number one reason people leave their jobs is lack of appreciation. 54% of organizations involuntarily lost high-performing employees during the first half of 2010. 88% of employees surveyed cite lack of acknowledgment as their top work issue. These figures speak to the challenge of talent retention and employee engagement, illustrating that a troubling percentage of employees who feel undervalued move on to what they hope will be "greener pastures". So it´s time to the internal communications team to work with HR area and build up a recognition program to make recognition as a cultural asset, infusing the social intranet with stories of success and achievement. Read more at: TemboSocial and HumanResourcesiQ.com