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how do you keep your team engaged productive and loyal in this video well explain what team appreciation is how to use it to inspire employees and attract new talent how to customize our template to create a retention strategy and if you watch until the end youll learn how disney uses team appreciation strategies to get its cast members to go the extra mile for guests googles former vice president of people operations laszlo bach says public recognition is one of the most effective and underutilized management tools for example studies revealed that nearly 70 percent of employees say they would work harder if they felt their efforts were better appreciated and employees who do not feel recognized for their work are twice as likely to say theyll quit within a year thats not something you can ignore the cost of employee turnover is on average fifteen thousand dollars per employee the data clearly shows the best managers promote an environment of recognition to develop a healthy work