How can a company measure the long-term impact of their employee recognition program on employee retention and overall company culture?

A company can measure the long-term impact of their employee recognition program on employee retention and overall company culture by tracking key metrics such as employee turnover rates, employee satisfaction surveys, and employee engagement levels over time. They can also conduct regular assessments and feedback sessions with employees to gauge the effectiveness of the recognition program in boosting morale and motivation. Additionally, conducting exit interviews with departing employees to understand their reasons for leaving can provide insights into the impact of the recognition program on retention. Regularly reviewing and analyzing data on employee performance, productivity, and loyalty can also help in evaluating the program's impact on overall company culture.