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For the people who contribute to your life
both personally and professionally.
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When asked what leaders could do more to improve engagement, 58% of respondents replied "give recognition"
from Psychometrics

By now, it’s a well-known fact that employees aren’t feeling valued at work. And honestly, there really is no such thing as “too much recognition.” If you really want to keep your employees, motivate them through recognition. That simple validation has the power to drive productivity through the roof.
Companies with recognition programs that are highly effective at improving employee engagement have 31% lower voluntary turnover

From: Bersin & Associates

It’s been said over and over again — turnover is extremely expensive. So imagine losing all that money to recruitment, hiring, and training when, in fact, you could’ve just leveraged a recognition program to save you the hassle.

69% of employees would work harder if they felt their efforts were better appreciated

From socialcast

Recognition drives productivity. Think about it: back in grade school, teachers rewarded students with a gold star for their great work. And that, in return, pushed students to work even harder to get those shining stickers. Who’s to say that doesn’t work for adults?

People want to get recognized for their contributions. They want their work to have meaning. And when you are slacking on recognition, it’s essentially the same as ignoring their existence.