The talent shortage is a growing crisis, with 75% of employers struggling to find the right candidates. The rise of artificial intelligence (AI) and the shift towards anywhere work has exacerbated the issue, turning traditional approaches to employee engagement and retention on their head. To retain and attract the best talent, organizations must commit to employee experience (EX) to build a culture of recognition, empower managers to integrate recognition into daily routines, and enhance recognition and rewards efforts with AI. This will lead to higher retention rates, improved productivity, and a better overall work experience.

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