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In this video tutorial, the concept of team appreciation is explored as a means to keep employees engaged, productive, and loyal. It explains how to utilize appreciation to inspire current staff and attract new talent, as well as customizing a retention strategy template. The video highlights the significance of public recognition, citing Google's former VP of People Operations, Laszlo Bock, who notes that almost 70% of employees would increase their effort if recognized. It also mentions that employees who feel unappreciated are twice as likely to leave within a year, with turnover costing about $15,000 per employee. The best managers create environments that prioritize recognition for a healthy workplace. The video also shares how Disney employs these strategies to motivate its cast members.
