--- title: Why is Recognition Important? description: When an employee recognition program is effectively rolled out it can have a big impact on a company's bottom line. --- [Skip to content](https://support.bucketlistrewards.com/en/knowledge/why-is-recognition-important#main-content) English Show submenu for translations [Contact Support](https://support.bucketlistrewards.com/en/knowledge/kb-tickets/new?hsLang=en) [![bucketlist-full-logo (2)-4](https://support.bucketlistrewards.com/hs-fs/hubfs/bucketlist-full-logo%20(2)-4.png?width=300&height=97&name=bucketlist-full-logo%20(2)-4.png)](https://bucketlistrewards.com/) Open main navigation Close main navigation - English Show submenu for translations - [Contact Support](https://support.bucketlistrewards.com/en/knowledge/kb-tickets/new) - [Contact Support](https://support.bucketlistrewards.com/en/knowledge/kb-tickets/new) [Contact Support](https://support.bucketlistrewards.com/en/knowledge/kb-tickets/new?hsLang=en) Welcome to the Bucketlist Help Center. - There are no suggestions because the search field is empty. 1. 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[Recognition Tips and Best Practices](https://support.bucketlistrewards.com/en/knowledge/designing-your-rr-program?hsLang=en#recognition-tips-and-best-practices) # Why is Recognition Important? ## When an employee recognition program is effectively rolled out it can have a big impact on a company's bottom line.   - According to the [Hay Group](http://t.sidekickopen65.com/e1t/c/5/f18dQhb0S7lC8dDMPbW2n0x6l2B9nMJW7t5XZs8q-6XsW1qMLt41p81NRW7d-33j56dzdzf29B-js02?t=https%3A%2F%2Fwww.haygroup.com%2FDownloads%2Fnz%2Fmisc%2F2012-FORTUNE-Lighting-the-path-to-success.pdf&si=5798047904825344&pi=c5142b0f-7dc9-481b-812e-6df393e853a0), a global consulting firm, “Our research into employee engagement has shown that companies with the most engaged employees report revenue growth at a rate 2.5X greater than their competitors with the lowest level of engagement.” - Best selling author and recognition expert [Dr Bob Nelson](http://t.sidekickopen65.com/e1t/c/5/f18dQhb0S7lC8dDMPbW2n0x6l2B9nMJW7t5XZs8q-6XsW1qMLt41p81NRW7d-33j56dzdzf29B-js02?t=http%3A%2F%2Fwww.drbobnelson.com%2Fspeaking%2Fspeaking_topics%2Fcreating_a_culture_of_recognition&si=5798047904825344&pi=c5142b0f-7dc9-481b-812e-6df393e853a0) shares that organizations which have a ‘culture of recognition’ have employees that are: - 5X times more likely to feel valued - 7X more likely to stay with their company - 6X more likely to invest in their company - 11X more likely to feel completely committed to their jobs - Increase employee engagement: when employees are recognized for living a company value they feel appreciated and more connected to the organization’s mission and purpose. 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