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Creating a Feedback Culture

According to Marcel Schwantes, Inc.com, employees desire more feedback. Reportedly, 62% of employees wish they received more feedback from their colleagues not just their supervisor. Employees who receive feedback beyond the typical annual review, experience 14.9% lower turnover rates, are 60% more engaged and report 27% improvement in work satisfaction after receiving that feedback. In fact 42% of millennials want weekly feedback. So why is feedback from colleagues and managers not meeting expectations?

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