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Talent Management Recognition in the Global Workplace In the wake of the financial crisis, the connection between engagement and productivity has never been clearer. By Jeffrey Fina Global economic uncertainty due to the United States recession HR leaders are taking notice. According to Deloitte's 2013 Top and Euro Crisis has led to low employee engagement levels and Five Global Employer Rewards Survey, HR executives across decreased workplace satisfaction, making it imperative for U.S.- the globe identified the shortage, motivation, and retention based multinational corporations to refocus on engaging their of qualified talent as their primary challenge over the next global talent. The cost of not actively motivating employees can three years. Recognizing employees is critical for organizations be detrimental to the company but also the economy. In the to thrive in a more difficult economic climate and strategic U.S. alone, Gallup estimates that disengaged employees cost the employee recognition can help multinational corporations build economy $350 billion per year in lost productivity and turnover. a collaborative and motivated workforce globally. However, for [42] HRO TODAY MAGAZINE | JUNE 2013