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Why Recognition Still Matters

  • Madison
  • Apr 26, 2021
  • 1 min read

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

Madison creates cultures where employees love to work, learn, connect & succeed. 

 

As a global leader in Social Employee Recognition, Madison delivers intuitive and multi-faceted Recognition, Incentive, and Service Anniversary programs powered by Maestro, our uniquely configurable cloud-based SaaS technology.

With Maestro, our clients use social employee recognition to strengthen the bond between managers and their teams; and the relationship between employees and their companies.

Madison is a proud Employee Stock Ownership Plan (ESOP) company. Through our ESOP, employees earn shares in the company over time, creating an added retirement benefit that grows alongside Madison’s success. With ownership comes a deeper commitment in the work we do and the clients we serve.

 

Partnering with an ESOP company means working with people who truly care—because when we succeed, we all share in the rewards.

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CONTACT

315 Madison Avenue

New York, NY 10017

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