Employee Recognition Tool
ROI Calculator
Organization data
According to the Bureau of Labor Statistics, the voluntary turnover rate for most industries in 2021 was 10%-30%.
Recognition with Awardco could generate
$260,100
annually
Let's breakdown how to get 8.67X return on just a $30,000 investment (0.5% of comp.)
Breakdown of ROI
Return from employees retained
$22,500
1 Employee(s) Retained*1 Based on average salary x 25%
*2 Based on effective recognition
Return from employees' boosted productivity
Effective recognition increases engagement and can boost productivity up to 17%! Let's use a conservative estimate of 1%.
$180,000
*1 Based on average salary x 3
*2 Based on higher engagement
Return from employees' reduced absenteeism
Effective recognition improves the employee experience, reducing absenteeism up to 41%.
$57,600
*1 Based on average employee revenue x 3.2% average absenteeism
*2 with effective recognition
