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Why Recognition of New Hires is So Critical

  • Madison
  • Apr 26, 2021
  • 1 min read

November 19, 2015 | By Mike Ryan


Starting any new job can be hard. Employees often struggle to make connections, understand their role and develop relationships. Almost one third of all new hires will quit within the first year. About half will leave within the first 18 months.


So why do so many new workers leave so quickly? And what’s the best way to remedy any of the adjustment issues new workers go through?


In this month’s Performance Perspective, Mike Ryan explores:

  • Why recognition of new hires is so critical

  • The importance of establishing connections early

  • Why new employees need to taste success early (and often)

  • How Madison makes that all happen with Maestro, the most configurable cloud-based SaaS Social Recognition Technology


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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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