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One of the most low-cost, high-impact ways to increase employee retention is employee recognition. In fact, 28% of employees say the most memorable form of recognition comes from their direct managers, followed by a high-level leader or CEO (24%), then their managers’ managers (12%).
Additionally, regularly recognized employees are 57% more likely to recommend their companies to job seekers in their networks, 52% more likely to be productive at work, and 43% less likely to seek employment elsewhere.
This article explains how to write an effective recognition letter for an employee. We’ve also developed a simple recognition letter template that you can