tembostatus - how to spend your hr budget
TRANSCRIPT
![Page 1: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/1.jpg)
How to spend your HR budget
Did you know
North American companies spend $72 billion each year
to find and hire talent
Source ndash Bersin
On average companies spend $3300 per hire
Source ndash Bersin
By comparison $15 billion is spent on talent retention
including measuring engagement and motivating
performance
Source ndash Bersin
And yet
80 of an organizationrsquos value - intangible - lies in the
talent they already have
Source ndash Bersin
Source ndash Gallup
Itrsquos three times as costly to replace an employee as it is
to acquire a new one
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 2: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/2.jpg)
Did you know
North American companies spend $72 billion each year
to find and hire talent
Source ndash Bersin
On average companies spend $3300 per hire
Source ndash Bersin
By comparison $15 billion is spent on talent retention
including measuring engagement and motivating
performance
Source ndash Bersin
And yet
80 of an organizationrsquos value - intangible - lies in the
talent they already have
Source ndash Bersin
Source ndash Gallup
Itrsquos three times as costly to replace an employee as it is
to acquire a new one
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 3: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/3.jpg)
North American companies spend $72 billion each year
to find and hire talent
Source ndash Bersin
On average companies spend $3300 per hire
Source ndash Bersin
By comparison $15 billion is spent on talent retention
including measuring engagement and motivating
performance
Source ndash Bersin
And yet
80 of an organizationrsquos value - intangible - lies in the
talent they already have
Source ndash Bersin
Source ndash Gallup
Itrsquos three times as costly to replace an employee as it is
to acquire a new one
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 4: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/4.jpg)
On average companies spend $3300 per hire
Source ndash Bersin
By comparison $15 billion is spent on talent retention
including measuring engagement and motivating
performance
Source ndash Bersin
And yet
80 of an organizationrsquos value - intangible - lies in the
talent they already have
Source ndash Bersin
Source ndash Gallup
Itrsquos three times as costly to replace an employee as it is
to acquire a new one
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 5: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/5.jpg)
By comparison $15 billion is spent on talent retention
including measuring engagement and motivating
performance
Source ndash Bersin
And yet
80 of an organizationrsquos value - intangible - lies in the
talent they already have
Source ndash Bersin
Source ndash Gallup
Itrsquos three times as costly to replace an employee as it is
to acquire a new one
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 6: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/6.jpg)
And yet
80 of an organizationrsquos value - intangible - lies in the
talent they already have
Source ndash Bersin
Source ndash Gallup
Itrsquos three times as costly to replace an employee as it is
to acquire a new one
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 7: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/7.jpg)
80 of an organizationrsquos value - intangible - lies in the
talent they already have
Source ndash Bersin
Source ndash Gallup
Itrsquos three times as costly to replace an employee as it is
to acquire a new one
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 8: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/8.jpg)
Source ndash Gallup
Itrsquos three times as costly to replace an employee as it is
to acquire a new one
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 9: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/9.jpg)
And
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 10: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/10.jpg)
Where should I invest
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 11: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/11.jpg)
Costv
Investment
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 12: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/12.jpg)
Survey amp Pulse
Source Towers Watson
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 13: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/13.jpg)
Make Data Based Decisions
Source Towers Watson
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 14: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/14.jpg)
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 15: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/15.jpg)
Recognition
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 16: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/16.jpg)
Did you know that recognition can boost
employee engagement by up to 60
Source Towers Watson
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 17: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/17.jpg)
Organizations that clearly communicate mission and purpose to employees are 5 to 15 more profitable
and have 30 less turnover
Source Gallup
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 18: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/18.jpg)
Employees who report being recognized on a regular basis
have higher levels of job satisfaction
Source Globoforce
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 19: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/19.jpg)
Feeling valued at work is a key indicator of job
performance
Source Corporate Executive Board
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 20: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/20.jpg)
What do I do
Recognition is a valued form of
communication
Different employees are motivated by
different rewards
Leverage recognition as a business asset
In the news
ONLY
Thank you
![Page 21: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/21.jpg)
In the news
ONLY
Thank you
![Page 22: TemboStatus - how to spend your hr budget](https://reader033.vdocuments.us/reader033/viewer/2022051617/55a8c5d01a28abac108b47a0/html5/thumbnails/22.jpg)
Thank you