This shift moves employee engagement from a “soft” HR initiative to a critical piece of operating expense (OpEx) management. The Performance AngleStructured recognition improves employee engagement, which in turn translates into better workplace performance. This reinforces the idea that using employee recognition software can be beneficial in the moment and in the long term. The Costs of High TurnoverIt should now be clear that the potential upsides of codifying employee recognition and adopting retention programs are many and varied. The Future of Employee Retention ProgramsThe final thing worth noting regarding employee recognition, retention, and performance is that these interlinked aspects of modern management can be addressed more efficiently with modern tools.