State of Recognition Report: Why Does Employee Recognition Still Matter in 2023?

More than half of employees surveyed agree that feeling recognized would inspire productivity, help them balance a heavy workload, and help maintain morale during layoffs, according to the 2023 State of Recognition Report from Achievers Workforce Institute (AWI). AWI is the research and insights arm of Achievers, the global leader in employee voice and recognition solutions.

Here are some questions you may have that are addressed in this 27-page report:

• Why does employee recognition matter even in a slowing economy?
• What about keeping costs low? How much do I need to spend on an employee recognition program?
• What has a bigger business impact: social or monetary recognition?
• How often should an employee be receiving recognition at work?
• What steps can I take to improve recognition frequency in our company?