11 Shocking Employee Happiness Statistics over 11 days...Day 11

11. Only 42% of employees are happy with the rewards and recognition their company offers.

According to the The Happiness Study: An Employee Rewards & Recognition Study by www.bhengagement.com 

Happy employees are more productive than unhappy employees. That’s probably not news to you, but perhaps this insight will be: A new national study clearly shows that employee rewards and recognition programs — essential to growing employee happiness — are not aligned with what makes employees happy and more productive.

One of the most interesting insights is that a little goes a long way. Happiness doesn’t have to have an expensive price tag. Incentives work, and require little actual rewarding to positively change employee behavior. In fact, a ￡25 reward would incent most employees to participate in safety training, after-hours training or a wellness program.

A few of the other key findings are:

• Only 17% of employees ranked “Job” as one of the top three factors that contribute to happiness
• Only 42% are happy with the rewards and recognition their company offers
• A majority of employees prefer receiving rewards in the form of prepaid cards
• 81% of employees who receive a substantial reward would spend it on practical, everyday things

The Happiness Study: An Employee Rewards & Recognition Study

- See more at: https://www.bhengagement.com/report/employee-happiness-study/#sthash.Gu2fCikA.dpuf