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Did you know that organizations with formal recognition programs have 31% less voluntary turnover than organizations that don’t have any program at all? And they’re 12X more likely to have strong business outcomes. Do you know what motivates employees, the benefits (and costs) of employee recognition, and how to effectively approach it in your organization? This infographic has everything you need to know.

This infographic includes five of the top employee motivators, seven (surprising) stats on the importance of employee recognition, nine benefits and four costs of recognizing employees, and seven must-haves of a successful program. Well, what are you waiting for? Read on!