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New Executive Briefing from Madison Performance Group Offers Valuable Advice on How to Cost Effectively Retain Valuable Employees

Nov. 8, 2010 – New York, NY – Avoiding the long-term employee engagement problems created by salary freezes, downsizing, and other short-term actions by companies to rein in costs is the focus of a new executive briefing by Madison Performance Group.

“As organizations struggle to do more with less – contain costs, while maintaining productivity – they appear to be doing so on the backs of their best workers,” says Mike Ryan, senior vice president of Madison Performance Group, a premier global reward and recognition design and consulting firm. “Today’s businesses are closing acute productivity gaps, caused by layoffs and downsizing, by over-stretching those employees that remain. While this new economic reality may provide short-term answers for firms looking for balance, it appears to be doing severe damage to long-term employee commitment.”

The new electronic version of Madison Performance Group’s Performance Perspectives, “Cost Containment and Employee Engagement – Can These Competing Goals Be Reconciled?”, offers five ways organizations can use recognition techniques in a strategic and cost-efficient fashion to engage and retain high-performing employees.

To receive a copy of Performance Perspectives, e-mail Mike Ryan at mryan@madisonpg.com.

About Madison Performance Group

Headquartered in New York but global in reach, Madison specializes in web-based reward and recognition programs that translate corporate goals into individual action. Their customer-centric design approach incorporates a sponsoring company’s processes, preferences, and brand parameters into a customized solution without limits or compromise. Their network of in-country award partners covers over 125 countries, and their next-generation tools provide the flexibility planning teams need and the control executives demand.

Learn more at http://www.madisonpg.com or contact Mike Ryan at 201.934.4269.

Media Contact: Sue Voyles, Logos Communications
734.667.2005 / sue@logos-communications.com

# # #

Headquartered in New York but global in reach, Madison specializes in web-based reward and recognition programs that translate corporate goals into individual action. Their customer-centric design approach incorporates a sponsoring company’s processes, preferences, and brand parameters into a customized solution without limits or compromise. Their network of in-country award partners covers over 125 countries, and their next-generation tools provide the flexibility planning teams need and the control executives demand.

Madison Performance Group
350 Madison Avenue, 15th Floor
New York, NY 10017
(201) 934-4269

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