AUSTIN, Texas, Jan. 21, 2015 (GLOBE NEWSWIRE) -- YouEarnedIt, an award-winning employee recognition and rewards software, is evolving the way companies engage their employees by quickly responding to ever-changing workplace trends. Their lightweight employee engagement platform and innovative approach to rewards is uniquely focused on the end-user (employee) experience. What's more, driving collaboration, meaning and results is made simpler and more accessible with the new "recognition-on-the-go" version 2.0 mobile app release.
As workforces become more global and Millennial-driven, the traditional approach to employee engagement is not proving effective in driving business results. YouEarnedIt allows companies to easily facilitate the shift from top-down recognition to a more democratic, peer-to-peer approach. The tangible impact on productivity and retention was seen in a recent study conducted by San Francisco State University. The study validated that employee recognition is a driver in increasing employee performance, finding a 25% increase in overall manager performance ratings within one year of using YouEarnedIt's SaaS platform. Turnover rates also dropped 26% during the same period. When given the vehicle to acknowledge successful, value-based behaviors in their coworkers in a real-time and social way, company leaders can expect to see a boost in employee engagement and overall business metrics including sales, customer service and company profitability.
"Our sales increased 50% year-over-year when using the YouEarnedIt program. It's much easier to provide the team with immediate feedback and rewards when they've hit their in-store goals, and our team loves the real-time nature of the feedback," says a Senior Territorial Sales Manager at Tempur-Pedic.
Another notable workplace trend is anytime, anywhere social recognition. YouEarnedIt's newest mobile app release for iOS and Android brings recognition to employees wherever it suits them best. In addition to sending and receiving recognition, the app supports reward redemptions, administrator reward approvals and engagement metrics.
"We completely overhauled the mobile app from the ground up. Our main goal was to bring the same fun, easy-to-use experience our customers love about the desktop version into the palms of their hands," says Jessica Groff, Head of Product. "We wanted to make the act of giving and receiving recognition super convenient for mobile-only customers in industries such as retail, construction, foodservice and healthcare."
In addition to real-time recognition, YouEarnedIt has stayed ahead of the curve when it comes to meaningful and custom rewards options. For example, YouEarnedIt customer Grey Advertising, opted to support their employee's desire to make a community impact by creating a purely philanthropic reward option. Employees pay their rewards forward through DonorsChoose.org, a non-profit that makes it easy to help classrooms in need.
About YouEarnedIt: YouEarnedIt enhances collaboration, company performance and employee engagement every day. Through intuitive, flexible, and employee-centric software, YouEarnedIt offers a better approach to employee recognition and rewards with the highest engagement rates in the industry. For more information, visit www.youearnedit.com.