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On a Tuesday morning in a glass-walled conference room somewhere in Midtown, a Fortune 500 CHRO presented her annual engagement deck. Scores were up. Sentiment was positive. The board nodded. Three weeks later, her highest-performing regional VP resigned — citing, in her exit interview, that she had not been formally thanked for a $40M product launch she had led for eleven months.

This scene is playing out everywhere. And the data finally caught up to the anecdote.

In the past twelve months, the share of employees naming lack of recognition as a top driver of burnout has nearly doubled — from 17% to 32%. That is not a drift. That is a structural shift. And it is happening at exactly the moment when 77% of C-suite leaders are telling consultants that culture is "very important" to them, while only 37% of entry-level employees agree their company has a culture worth describing.

The gap is not a perception problem. It is an operating problem.

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