Smart Business Tips
Sign In
  • Home
  • Business
    • Business Coaching
    • Business Growth
    • Business Tools & Apps
  • Entrepreneurship
    • Entrepreneurs
    • Crypto
    • Innovation
    • Investing
    • Leadership
    • Productivity
  • Contact US
    • Blog
  • Branding
    • Content Marketing
    • Digital Marketing
    • E-commerce
    • Marketing Strategies
    • Personal Finance
  • Sales
    • Small Business Tips
    • Social Media
    • Startups
    • Tech Trends
    • Investing
  • Shop
Notification
Pensions, Crypto, and Trust: Digital Assets and Retirement Funds
Investing

Pensions, Crypto, and Trust: Digital Assets and Retirement Funds

Are Institutional Investors Meeting Their Goals? Spotlight on Earnings Objectives
Investing

Are Institutional Investors Meeting Their Goals? Spotlight on Earnings Objectives

The Best Anti-Prime Day Sales to Shop Before They’re Over
Tech Trends

The Best Anti-Prime Day Sales to Shop Before They’re Over

FEMA Now Requires Disaster Victims to Have an Email Address
Tech Trends

FEMA Now Requires Disaster Victims to Have an Email Address

Font ResizerAa
Smart Business TipsSmart Business Tips
  • Home
  • Business
  • Entrepreneurship
  • Contact US
  • Branding
  • Sales
  • Shop
Search
  • Home
  • Business
    • Business Coaching
    • Business Growth
    • Business Tools & Apps
  • Entrepreneurship
    • Entrepreneurs
    • Crypto
    • Innovation
    • Investing
    • Leadership
    • Productivity
  • Contact US
    • Blog
  • Branding
    • Content Marketing
    • Digital Marketing
    • E-commerce
    • Marketing Strategies
    • Personal Finance
  • Sales
    • Small Business Tips
    • Social Media
    • Startups
    • Tech Trends
    • Investing
  • Shop
Sign In Sign In
Follow US
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Smart Business Tips > Blog > Entrepreneurship > This Is the Retention Strategy You’re Probably Overlooking
Entrepreneurship

This Is the Retention Strategy You’re Probably Overlooking

Admin45
Last updated: August 6, 2025 3:09 pm
By
Admin45
9 Min Read
This Is the Retention Strategy You’re Probably Overlooking
SHARE


Contents
Why recognition works (and why it’s often overlooked)What modern recognition looks likeRecognition strategies can (and should) scaleThe business case is stronger than everHow leaders can start todayThis isn’t fluff — it’s strategy

Opinions expressed by Entrepreneur contributors are their own.

The past few years have pushed employees to their limits. Post-pandemic fatigue, hybrid work struggles, economic uncertainty and constant change have created an environment where burnout is no longer the exception. For a lot of people, it’s become the norm. According to our 2025 Well-being Report, 32% of employees report frequently feeling stressed at work, with 25% experiencing burnout.

The results of these emotions are often higher attrition, lower engagement and declining performance. Companies are rightly investing in mental health resources and wellness programs, but many are missing a basic human truth: when people don’t feel seen, valued or appreciated, they start to disconnect.

When done right, recognition can help make significant strides in rebuilding employee trust, motivation and long-term commitment. It’s a business strategy that we need now more than ever.

Related: How Startups Can Boost Team Morale and Drive Success Through Recognition

Why recognition works (and why it’s often overlooked)

Burnout isn’t solely caused by workload. It’s caused by effort without acknowledgement. And when recognition is missing, especially in high-stress environments, even top performers can quietly check out.

Part of the problem is that recognition isn’t always measurable. It doesn’t show up neatly on a dashboard. It can feel “soft,” something HR should handle, or something you get to once the “real work” is done. But the data tells a different story. Gallup’s research found that “employees who do not feel adequately recognized are twice as likely to say they’ll quit in the next year.”

Recognition is more than a pat on the back; it’s about meeting a psychological need. When people are recognized, the brain releases dopamine, reinforcing the behavior and increasing motivation. It also taps into the core drivers of engagement: belonging, purpose and connection. And yet, many leaders still overlook it because they were never taught how to give effective recognition. It’s not about handing out generic praise or waiting for performance reviews. It’s about noticing effort in the moment and connecting it back to purpose.

What modern recognition looks like

Recognition today needs to reflect how we actually work. It should be timely, specific, and aligned with values, not just output. It needs to include remote employees and hybrid teams, and it should happen more frequently than once a quarter. Some research recommends offering genuine, well-deserved praise as frequently as at least once a week.

Personally, I’ve leaned into a habit of sending quick, thoughtful messages via Slack or short emails when I see a “quiet win.” It’s not loud or public, but it’s consistent. It shows people that they’re seen, even if they aren’t in the spotlight. I’ve found that this kind of recognition builds trust faster than metrics ever could.

That style also reflects something about me: I don’t love public recognition. I’d rather shine the light on others and focus on how a team delivered toward a shared goal. But that doesn’t mean I don’t value it. I just try to tailor how I give it, so it feels authentic and meaningful.

Related: Stop Losing Your Best Employees with These 3 Retention Strategies

Recognition strategies can (and should) scale

Recognition doesn’t have to be manual or sporadic. It can be designed into the fabric of how teams work. Whether it’s peer-to-peer platforms that allow teammates to highlight each other’s contributions, or simple nudges in a manager’s calendar to share appreciation during check-ins, recognition can be embedded into the rhythms of work.

I’ve seen organizations tie recognition into OKRs, performance reviews and even onboarding. The point is to stop treating it as a side note and start integrating it into how we evaluate, support and retain our people.

One of the best examples I’ve seen is a team using Slack integrations that let people send kudos with just a few clicks, with the option for public praise when it makes sense, and private when it’s more personal. These moments create cultural ripple effects. They remind people that what they do matters, even on the days when results are still in progress.

The business case is stronger than ever

Recognition isn’t just an important soft skill; it’s a retention strategy. Our 2025 Appreciation Index showed that recognition received from managers can have a profound impact on the employee experience. Recognition is one of the most cost-effective ways to reduce turnover, drive engagement and build a culture where people want to stay and grow.

I’ve seen it firsthand. Early in my career, I gave a presentation that flopped. It was a rough day. I was frustrated, impatient and ready to walk. But a senior leader took five minutes to personally acknowledge the insight behind the mess. She saw the sharp thinking beneath the rough edges and told me she believed in what I was building. Then she followed up with guidance, coaching and time. That moment completely changed how I showed up. I went from disengaged to fiercely loyal. That’s the power of well-placed recognition. It doesn’t just reward; it restores.

How leaders can start today

Start by training managers to give better feedback. Make sure recognition is timely and tied to purpose, not just performance. Audit what you’re already doing to find out what’s landing and what’s being missed. And don’t wait for a milestone to say thank you. Recognition should be everyday behavior, not a quarterly task.

Most importantly, embed it into your leadership expectations. If your KPIs only track results, you’re missing the culture-building moments that make those results sustainable. Leaders set the tone. When they model appreciation, it becomes contagious.

Related: The Psychological Impact of Recognition on Employee Motivation and Engagement — 3 Key Insights for Leaders

This isn’t fluff — it’s strategy

In a post-burnout world, people don’t just want a paycheck. They want to feel that what they do matters. Recognition meets that need. It brings energy, loyalty and belief back into organizations that are running low on all three. It’s time we stop seeing recognition as extra. It’s not about giving out gold stars; it’s an essential part of building a culture where people thrive.

The past few years have pushed employees to their limits. Post-pandemic fatigue, hybrid work struggles, economic uncertainty and constant change have created an environment where burnout is no longer the exception. For a lot of people, it’s become the norm. According to our 2025 Well-being Report, 32% of employees report frequently feeling stressed at work, with 25% experiencing burnout.

The results of these emotions are often higher attrition, lower engagement and declining performance. Companies are rightly investing in mental health resources and wellness programs, but many are missing a basic human truth: when people don’t feel seen, valued or appreciated, they start to disconnect.

When done right, recognition can help make significant strides in rebuilding employee trust, motivation and long-term commitment. It’s a business strategy that we need now more than ever.

The rest of this article is locked.

Join Entrepreneur+ today for access.



Source link

Join Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
Share This Article
Facebook Email Copy Link
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Ad image

You Might Also Like

Best Franchise Opportunities: Top-Tier Brands You Should Consider
Entrepreneurship

Best Franchise Opportunities: Top-Tier Brands You Should Consider

By
Admin45
July 24, 2025
Why Going All In Is the Only Option for Entrepreneurs Who Want to Win
Entrepreneurship

Why Going All In Is the Only Option for Entrepreneurs Who Want to Win

By
Admin45
September 22, 2025
4 Steps to Rebrand Your Product So Customers Actually Want It
Entrepreneurship

4 Steps to Rebrand Your Product So Customers Actually Want It

By
Admin45
July 30, 2025
Why Waiting for Monthly Financial Reports Is Creating Blind Spots and Slowing Your Growth
Entrepreneurship

Why Waiting for Monthly Financial Reports Is Creating Blind Spots and Slowing Your Growth

By
Admin45
July 11, 2025
The Best Advice for Restaurant Owners Right Now
Entrepreneurship

The Best Advice for Restaurant Owners Right Now

By
Admin45
August 13, 2025
Here’s the Strategy Smart Leaders Use to Outpace Disruption
Entrepreneurship

Here’s the Strategy Smart Leaders Use to Outpace Disruption

By
Admin45
July 18, 2025

SmartBusinessTips

  • Business Tools & Apps
  • Marketing Strategies
  • Social Media
  • Tech Trends
  • Branding
  • Business
  • Crypto
  • Sales
  • About Us
  • Privacy Policy
  • Member Login
  • Contact Us
  • Business Coaching
  • Business Growth
  • Content Marketing
  • Branding

@Smartbusinesstips Copyright-2025-2027 Content.

Don't not sell my personal information
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up