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3 benefits of employee recognition and what you can do about it

When was the last time you gave or received praise in your organization?  It may have been a while ago or even just today but whenever it was, it felt good didn’t it?  Employee recognition is acknowledging where a person or team have gone above and beyond usual expectations to achieve and support the goals and values of the organization.  So why should we recognize the great work that our employees give every day and how can we do it?

Greater productivity

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Branded Moleskine notebooks are popular for their practicality and usefulness in and out of the office. Company gear is great productive way to reward your staff.
Employee recognition confirms their work has meaning and is valued by others. When employees and their work are valued, their satisfaction and productivity rises, and they are motivated to maintain or improve their good work. One study carried out in the UK showed happier staff were 12% more productive, citing that the happier workers were, used their time more effectively, increasing the pace at which they can work without sacrificing quality.  On the other hand, those who do not have any recognition practices generally experience lower productivity and higher turnover.

Enhanced teamwork

Employee recognition has a strong internal communication component too and are essential for creating an outstanding workplace.  Publicly recognizing someone in front of their peers and superiors sends a powerful message to the recipient. Another study said 70% of employees say recognition helps them stay emotionally connected to their peers and another 70% said it made their homelives happier too.  Overall, it makes them want to contribute more.

Publicly recognizing someone in front of their peers and superiors sends a powerful message to the recipient

Improved staff retention

Increased retention of quality employees.  By creating a positive work environment that addresses the emotional needs of employees you build a strong company culture of loyalty.  A survey of over 200,000 participants worldwide by Boston Consulting Group  found that the most important factor to most people is a simple desire: appreciation for their work.

Awards customized in a company’s image used for Long service recognition.

Employee recognition is designed to honour some of the most significant professional milestones achieved by your team resulting in improved morale, productivity, teamwork and lower staff turnover.

How will you recognize your team?

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