--- 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/migration/en/knowledge/why-is-recognition-important#main-content) English Show submenu for translations [Contact Support](https://support.bucketlistrewards.com/migration/en/knowledge/kb-tickets/new?hsLang=en) [![full logo - DB (1).png\]](https://support.bucketlistrewards.com/hs-fs/hubfs/Bucketlist%20Logo/full%20logo%20-%20DB%20(1).png?height=40&name=full%20logo%20-%20DB%20(1).png)](https://bucketlistrewards.com/) - [Default HubSpot Blog](https://bucketlistrewards-3480552.hs-sites.com/blog) Open main navigation Close main navigation - [Default HubSpot Blog](https://bucketlistrewards-3480552.hs-sites.com/blog) - English Show submenu for translations - [Contact Support](https://support.bucketlistrewards.com/migration/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. 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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: - 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. Employee engagement can lift by more than 25% when employees are recognized for living core values. - Decrease voluntary employee turnover: according to the SHRM (Society of Human Resource Management) one of the most common reasons employees quit is due to a lack of recognition; an effective employee recognition program can lower voluntary by up to 30%. - [Default HubSpot Blog](https://bucketlistrewards-3480552.hs-sites.com/blog) [![Bucketlist Logo](https://support.bucketlistrewards.com/hs-fs/hubfs/bucketlist-full-logo%20(2)-2.png?width=802&height=258&name=bucketlist-full-logo%20(2)-2.png "Bucketlist Logo")](https://bucketlistrewards.com/) We’re on a mission to build the best cultures in the world. Copyright © 2026, Bucketlist Rewards & Recognition