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Why Recognition Still Matters

June 28, 2012 | By Mike Ryan


Does employee retention still matter? That’s a fair question, and one that’s being asked by more than a few business leaders. In the midst of an economy that isn’t growing very much and one where U.S. unemployment levels are hovering at the 9% range—all business expenses, including those that are people oriented, continue to attract scrutiny from the cost-cutting hawks.


This white paper offers a deeper look back at the conditions that got us to this point and outlines the justification for using recognition tactics now, and in a more strategic fashion, so the efforts implemented are as meaningful to today’s workers as they will be to business leaders demanding better performance from every investment.


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ABOUT THE COMPANY

​Nearly five decades ago, our founder, Werner Haase, started Madison in 1975. Beginning as an incentive company, Madison had the first internet-based sales contest in 1995, followed a few years later by the first consolidated recognition web portal application.

 

Madison has evolved through consistent organic growth from a starter incentive company in the 1970s to a leading global social employee recognition and incentive company.  

CONTACT

315 Madison Avenue

New York, NY 10017

212-758-4385

info@madisonpg.com

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