In 2022, 65% of American workers reported they did not receive any form of recognition in their workplace. Globally, businesses lost approximately nine trillion dollars in revenue due to a lack of motivation. Roughly 120,000 employees quit their jobs every day, costing U.S. companies around $2.9 million to find replacement workers.
Luckily, there is hope.
Seventy five percent of employees say they would feel satisfied with their job if they received at least one piece of recognition per month. Plus, peer-to-peer recognition equates to an increase of approximately 35.7% in financial results.
As a new year begins, we want to honor workplace problem solvers and innovators, recognize those who continually seek improved ways of working, and identify colleagues who made a significant impact in 2023.
In the midst of ongoing stress and chaos, we’re confident someone you work with made big contributions this year. Acknowledge them by sending a personalized note through our Practically Genius shoutout form. Express your gratitude by January 31, 2024, and we'll send them your message and plant a tree in their honor. (It’s free!) Plus, both of you will have a chance to win one of five $50 Visa gift cards.
Need some inspiration? Check out these stories of people and companies we think are Practically Genius!
LittleStar ABA, a leading provider of applied behavior analysis services and therapy for children, teens, young adults, and families affected by autism, discovered its manual reporting system stymied its ability to view and store incident reports. By using Formstack’s tool, SmartStack, LittleStar ABA won back time to do what its teams do best—care for their patients and families.
Watch It: Brittany Trewartha explains how Little Star ABA eliminated the need for physical storage, bolstered data security, and enhanced operational efficiency through the digitization of its form processes.
National Junior College Athletic Association (NJCAA)
The NJCAA faced challenges with a manual and time-consuming process for managing letters of intent and scholarships across its 500+ member colleges nationwide, involving over 70,000 paper signatures annually. When it shifted from paper-based processes to Forms for Salesforce, the NJCAA was able to collect over 170,000 digital signatures annually, marking a significant increase in processed documents and accessibility for member colleges.
Watch It: Manager of Compliance and Data at NJCAA Samantha Lowder shares how the team was able to transform its letter of intent process with Formstack.
Carabiner Group's clients faced challenges in adopting new technologies and digitizing paper processes. CEO Seamus Ruiz-Earle and his team chose Formstack to easily implement digital workflows due to its high ROI, time-saving capabilities, and compatibility with Salesforce and HubSpot. This simplified attribution for tech companies and transformed operations for collegiate athletics organizations, which led to:
- Selling 500 signed licenses to a single client
- Streamlining processes for over 400 schools
- Enhancing customer service for small financial services firms
Watch It: In Seamus' own words, "Working with Formstack provides a digital transformation with a true return on investment and value for organizations."
Who do you know that is Practically Genius? Submit a shoutout by January 31, 2024 o recognize your team and share their story.