Many people don’t quit their jobs for money; they often do it for lack of recognition. Employee recognition, such as presenting Glass Trophies, shows employees that their work matters and that higher-ups know it. Rewarding employees for their efforts that align with company values is best. This helps them understand how their work impacts the bigger picture and motivates them to continue to do great work.
Table of Contents
Employees Feel Valuable
When employees feel valued, they are more likely to stick around. They’re more apt to stay motivated and focused on their work, even facing challenges. And they’re less prone to burnout, which can cause them to leave your company. Regardless of the size or type of recognition program you run, showing appreciation regularly is important. People can only sustain their performance and morale for long periods if given positive reinforcement.
There are many ways to demonstrate employee recognition, from big gestures like a company party or catered meal to small acts of kindness such as corporate gift boxes for employees, handwritten notes, and verbal compliments. Some companies even give their top performers experiential rewards – from skydiving to singing lessons – for their hard work throughout the year.
Another way to demonstrate employee recognition is by offering a social platform for employees to recognize each other. Social recognition programs keep lines of communication open, encourage teamwork, and enable peer-to-peer praise. Employees appreciate this recognition because it’s more personal than what they may receive from management. To ensure that recognition isn’t seen as biased or political, it’s important to pin it down to specific behaviors and accomplishments. Otherwise, your program won’t have as much value to employees.
Employees Feel Recognized
It’s important for employees to feel recognized for their work. Whether it’s a big achievement or a small one, and even the trophies they’ve earned. they need to know their efforts are appreciated. It improves morale and overall outlook on the job, which is a key component to employee retention.
It also encourages employees to strive for more. If they know their hard work will be noticed and rewarded, they’ll want to keep doing great things for your business. This can also help stave off imposter syndrome by giving them confidence and reassurance that they’re worthy of praise. It also encourages them to willingly grab workplace opportunities and training sessions rather than being pushed by management to do it.
Making employee recognition a part of your business culture is vital so it becomes ingrained and regular. Sporadic perks and team-building events won’t cut it. Instead, you’ll need a system that allows flexibility to recognize employees for different achievements. This can include everything from project completion to end-of-year bonuses and even small things like a simple “thank you” note. It should be delivered consistently and transparently so employees don’t think it’s another corporate initiative that will be forgotten. By making it a core value, employees will feel more invested in their work and likelier to stick around.
Employees Feel Motivated
Employees who feel their hard work is being noticed are likelier to keep that up. It’s a psychological effect known as positive reinforcement. It’s important to recognize an employee for a job well done and, even more importantly, do it often. Make sure the recognition is specific and slightly unexpected, such as an employee putting in extra effort for a project or even going above and beyond their job description. This recognition is more meaningful than a simple “good job” or “thank you.” You can also build recognition into the company’s culture by allowing employees to recognize each other through peer-to-peer recognition software. This makes the process more natural and helps to create a flywheel effect where recognition becomes contagious. Employee recognition also helps reinforce behavior aligning with the company’s values. This is particularly true when the recognition is tied to a particular behavior important to the company, such as going above and beyond or working late. It can be difficult to live out the company’s values daily, and it is helpful to have ways to bring those values to life for employees and encourage them to do so.
Employees Feel Appreciated
Employees want to feel that their efforts are important to their employer. Without this feeling, people become apathetic to their jobs and may even lose interest in them altogether. Frequent recognition shows employees their work is valued and motivates them to keep up the good work. According to a study, satisfied employees are more likely to stay at their companies longer.
The best way to make employees feel appreciated is through frequent formal or informal recognition from managers or other company leaders. It doesn’t always have to be a big deal; it could be as simple as acknowledging an employee’s work anniversary or remembering their birthday at the office.
Not only will an employee feel that their company cares about them, but they’ll also see that other team members do, too. Peer recognition helps teams bond and can inspire other workers to emulate good behavior. It’s also a great tool for new hires because it can help them adjust to their roles and work well with others.
People tend to stay in jobs where they feel valued, and a lack of employee engagement can negatively impact the company. The costs of employee turnover include lost productivity, lost institutional knowledge, and a loss of morale among the remaining employees.
Also Read – The Ultimate Guide to Nurturing FSBO Leads and Converting Them to Sales
