Recognition equals profits

Investing in recognition is good for the company’s bottom line, says survey
By Shannon Klie
|Canadian HR Reporter|Last Updated: 08/04/2006

Companies that invest the most in their recognition programs are the most profitable, according to a 2005 study.

The study of 26,000 employees in 31 organizations in the United States, commissioned by Salt Lake City-based recognition firm O.C. Tanner, shows the companies that report the most investment in recognition have more than triple the profits of those that invest the least.

According to the study,