Recognition: Is It Just a Bunch of Fluff, or Is It the Right Stuff?

Abstract

Society of Pediatric Nurses AT A TIME when nurses are in high demand, what can organizations do to retain their experienced, highly skilled nurses? Is recognition just a bunch of fluff, or is it the right stuff? Can non-monetary recognition really impact nurse retention rates?

Fulfillment of the employee psychological contract in a healthcare system: Does it drive employee engagement and reduce turnover intention?

“…Institutional knowledge was defined as knowledge of experienced staff who are deemed critical to deliver core functions necessary for business continuity (Hardar, 2013), and its loss creates risks for healthcare businesses related to loss of knowledge as leaders retire (McGraw & Burr, 2011). Complex healthcare environments demand continuity of care and legacy expertise lest quality be placed in jeopardy (Peterson, 2015). In most companies, "systems for the transfer of knowledge are woefully underdeveloped" (James, McKechnie, & Swanberg, 2011, p. 174).…”