Why Your Company Needs An Employee Recognition Program
An employee recognition program is one of the most important things a company can do to show its employees that they are valued. Studies have shown that employees who feel appreciated are more likely to be engaged and committed to their job. With that in mind, let's dive into some tips on how to recognize employees and why it's so important for your bottom line.
Why Employee Recognition Is Important
Employee recognition helps staff feel appreciated for their hard work. This can be motivating as workers feel like their efforts are not going unnoticed. Recognition can also help to improve morale, as it fosters a sense of camaraderie and teamwork among employees. Expressing gratitude towards staff can reduce turnover and improve employee retention. People want to stay when they know they're doing a good job. Finally, employee recognition can lead to increased productivity, as workers strive to continue a high level of quality in their work.
When done correctly, an RnR (rewards and recognition) program can have a positive impact on both the staff and the company as a whole.
How To Show Employee Appreciation Without Breaking The Bank
We know it's important to recognize the staff or labourers who make the company run. But how can that be done if budget is a factor?
The first, and possibly most important way is to publicly acknowledge your people for their contributions to the company. Utilize your technology to spread the word about specific achievements. Peer recognition fosters a sense of belonging and encourages people to strive to do their best.
Offering staff discounts or freebies from time to time is also a great way to show that you appreciate their hard work and want to give something back.
Paid days off are high up on the list of things employees want. Having time to rest ensures employees can come back and continue their high-level efforts.
You can also try sending out a company-wide employee engagement survey. By asking your workforce pointed questions about their satisfaction, you're showing them that your organization cares about their happiness. Read some sample questions here.
Finally, make sure you take the time to say 'thank you' on a regular basis. A small gesture can go a long way and ensure continued employee engagement.
Showing employees gratitude renews their spirit and inspires them to do their best. A well-designed and executed employee recognition program will create an environment that not only your staff will thrive in, but your bottom line will also see the benefits.
At Grizzly Force, we’ve implemented an employee recognition program that is given out to one exemplary temp worker each quarter. From AirPods to cash, we like to give out items that will help and inspire our workforce to always do their best. Take a look at our most recent winner of the quarter! 👇