Incentives and recognition needed to 'avoid New Year exodus'

Date: 04/12/2009

Businesses must be prepared for the eventuality that staff may walk out on them in early 2010 if incentives and recognition are not up to scratch, it has been said.

According to Inside Retailing, it is "highly likely" that a large number of people at most offices around the UK who may feel a bit neglected by their bosses, not recognised for their efforts or simply "inadequately rewarded", believing themselves to put in a major effort during the tough climate that 2009 had brought.

It continued: "There may also be a large contingent who have put up with things throughout the year who would normally have resigned or would have been active in the job market but are waiting until early 2010 to make a move."

As a result, organisations must prepare for the worst if they do not stimulate their workforce, the magazine asserted, with team building conferences perhaps on the cards for many.

The importance of solid incentives and recognition was underlined by Vanessa Robinson, the head of human resources (HR) practice development at the Chartered Institute of Personnel and Development (CIPD), who recently said that there is a lot of job uncertainty in the recession and this is hurting engagement and motivation levels of employees.

Posted by Michael Ewing

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