Hiring the right person can take time, money, and intuition but retention may be all about the appreciation. According to a recent survey outlined in the article, Thank You! Gratitude Is the Best Retention Strategy, “60 percent of surveyed workers said they put the most value on being appreciated by management, and that appreciation plays a big role in employee satisfaction and retention.”
According to the survey, the employee’s job satisfaction seemed to be more tied to connection and relationship than to compensation or other traditional fringe benefits. Harry West, VP of Services and Product Management at Appirio, the organization that conducted the survey, said, “Support and gratitude seem to be more motivating and cherished than any other form of reward”.