For any employer worried about top talent leaving, turns out, you may not need a big budget or fancy perks to increase retention among talented employees. Instead, consider the power of showing employees they’re appreciated.
According to Glassdoor’s Employee Appreciation Survey¹, seven in ten (68%) employees say their boss shows them enough appreciation, however, more than half (53%) of employees admit they would stay longer at their company if they felt more appreciation from their boss. In fact, four in five (81%) employees report they’re motivated to work harder when their boss shows appreciation for their work, higher than the 38% of employees who say they’re motivated to work harder when their boss is demanding or the 37% of employees who say they’re motivated to work harder because they fear losing their job.
For further survey results revealing how appreciation or lack thereof can impact employee retention and the workplace, and for insight into how to show appreciation to employees, check out Glassdoor’s infographic below:
Thanksgiving Perks: What Employees Want From Employers
With Thanksgiving right around the corner, this survey also offers insight into what employees want most from their employer. Of perks employers could provide during the working days around Thanksgiving, here’s what employees would most appreciate:
- Not be required to work the day before Thanksgiving, Thanksgiving and the day after Thanksgiving (62%)
- A cash bonus (49%)
- Not be required to work the day after Thanksgiving (44%)
- Not be required to work Thanksgiving Day (44%)
- A grocery store gift card (41%)
- Not be required to work the day before Thanksgiving (29%)
- Pre-Thanksgiving meal at work (19%)
- Not be required to work the days leading to Thanksgiving (Mon-Wed) (16%)
- Ability to telecommute the days before Thanksgiving (13%)
Are you an employer? Want to learn more about how you can track and monitor employee sentiment at your company to help recruiting and retention efforts? Get started by signing up for a free employer account on Glassdoor.
¹This survey was conducted online within the United States by Harris Interactive on behalf of Glassdoor from September 13-17, 2013 among 2,044 adults ages 18 and older. For the purposes of this study, “employees” were defined as U.S. adults 18+ employed full time and/or part time unless otherwise indicated. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact firstname.lastname@example.org.