Employee Retention
An Employee Retention Program That Gives People Two Reasons to Stay
Replacing an employee costs 50% to 200% of their annual salary, according to Gallup and SHRM. Most employee retention solutions only address half the problem.
Ineffective employee retention programs result in:
quiet quitting resignation financial stress
Effective employee retention programs result in:
65% less likely to be job-searching
Employees who receive high-quality recognition are 65% less likely to be actively job-searching.
—Gallup and WorkHuman
21% lower turnover
Organizations with high employee engagement see 21% lower turnover.
—Gallup
39% stay primarily because of strong benefits
Nearly 4 in 10 employees say strong benefits are the main reason they stay.
—Bank of America
Recognition solves the appreciation half. A private discount network solves the financial half.
Two employee retention tools working as one solution
Access Perks Ascend pairs meaningful recognition with a private discount network of 1M+ locations, so retention isn’t riding on a single lever.
- Recognition tied to company values, with reward points attached
- A private discount network employees can use every day, no reward balance required to start saving
- Reward points redeem on discounted hotels, rental cars, theme parks, gift cards, and more
- Built-in reporting shows who’s engaging with recognition, savings, or both, so you can spot retention risks early
Rewards go further on Ascend than anywhere else
A one-time bonus loses value the moment it's spent. Recognition on Ascend adds up every time an employee redeems it, because they're redeeming on a real discount platform, not just another gift card catalog.
See how to improve employee retention with a two-lever strategy
Book a demo and we'll show you exactly how it works.
FAQs
What is the Access Perks Ascend employee retention program?
Access Perks Ascend combines manager-driven recognition with a private discount network of 1M+ locations, so employees get both regular appreciation and everyday financial relief in one platform.
What are the benefits of employee retention?
Lower replacement costs, since Gallup and SHRM estimate replacing an employee runs 50% to 200% of their annual salary. Beyond the direct cost, retained employees also carry institutional knowledge, keep teams stable, and require less time from managers spent on hiring and training.
How is Access Perks Ascend different from other employee retention software?
Most retention software addresses recognition alone. Ascend pairs recognition with a discount network employees can use every day, so retention isn't riding on managers remembering to send a shout-out.
How do I improve employee retention with recognition and rewards?
Recognition backed by rewards employees feel every day works better than recognition on its own. On Ascend, reward points redeem on a discount platform, so a $50 reward buys more than $50 of value, making the recognition itself worth more.
How do I increase employee retention beyond compensation?
Compensation matters, but it's not the only lever. Financial stress and feeling undervalued both drive people to leave. Ascend addresses both directly: recognition for the appreciation gap, a discount network for the financial gap.
How much does Access Perks Ascend cost?
Ascend starts at $3.00 PEPM. Visit our pricing page for full details on setup fees and what's included.
Do employees need reward points to use the platform?
No. Every employee gets access to the discount network from day one, no points required. Reward points are an added bonus on top of savings they can realize in the discount marketplace.