“Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well” ― Voltaire
Employees who feel valued are more likely to be engaged in their work and feel satisfied and motivated.
Employee turnover is a significant cost to any firm. Retention is a big issue. Typically people stay at a place when they are unhappy because jobs are hard to find or get. When things open up the “best people” leave. This leaves performance and productivity holes in the Company. According to a survey by the American Psychological Association (APA), feeling valued is a key indicator of job performance.
You get the right people on the bus ( refer my post on Marcus Buckingham Alert for Talents) but equally important is retaining the good talent so that they don’t get off the bus. How do you retain your good people?
Ten Questions You Need To Ask Yourself Within an Organization Refer Link for Full Post