• Promoting with elevated titles and higher compensation when earned • Focusing on company purpose, mission, culture, core values, and community Perhaps one of the most powerful engagement tools is employee recognition. Recognizing outstanding performance and exceptional work helps employees understand how their individual contributions directly impact teams, departments, and organizational goals, which in turn increases buy-in for business success. People like to be part of a winning team and likewise appreciate a corporate culture that emphasizes personal achievement and results. Feeling greater pride in one’s work accelerates performance, builds morale, and boosts engagement, which drive company growth. Professional Development as a Retention Strategy Engagement and morale also improve through career growth and advancement. Time and time again, we’ve seen that investing in people improves business outcomes. Successful Accounting and Finance teams offer well-defined career path frameworks for team members that include transparent and ongoing conversations about professional development and upward mobility.
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