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How to spend your HR budget

TemboStatus - how to spend your hr budget

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Page 1: TemboStatus - how to spend your hr budget

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

In the news

ONLY

Thank you

Page 22: TemboStatus - how to spend your hr budget

Thank you