It doesn't matter what type of business you're operating, if you don't have a group of motivated and productive employees on your team – you won't get very far. While offering competitive benefits packages and operating a safe and efficient working environment are a great way to keep employees on target, recognition is also a great step. Here are just some of the reasons you should award your staff:
Create a Feeling of Belonging
When you award an employee and let them know that you appreciate and value their efforts, they feel like they are a part of the team. A person is much more apt to work hard and give their all when they feel like they are a part of the very thing they are helping sustain.
Team members that are awarded for their efforts will typically maintain sufficient productivity levels and work hard to boost the morale of other employees within the organization. These benefits will extend long after they have been awarded.
Retain Good Employees
Recognizing employees is another great way to retain your most valuable employees. When it comes to turnover, employees don't want to stay where they feel they aren't valued, especially if they are working hard and excelling in their efforts. When you establish a reward system, you target your best employees and let them know firsthand that you value their efforts and are committed to keeping them happy.
For many people, this could make them less likely to leave and go find employment someplace else, keeping the best and the brightest on your team. The longer you are able to keep hard-working, well-trained employees on board, the better it is for business
Motivate Other Employees
Everyone likes recognition. As a child, it might have been in the form of a sticker on your homework, but as an adult, having your employer let you know they think you're doing a great job is always a bonus.
If there are team members who are not performing at the level they could, seeing other employees be awarded for their efforts may light a fire under their feet that makes them work harder to get this same type of recognition. This will eventually have a domino-like effect, motivating more and more employees.
If you want to experience these benefits within your organization, it's a good time to establish an award system. You can construct this system by sitting down with a human resources representative, managers, and department heads to determine award criteria. You can then pair with a professional company to have your employee awards designed.Share
5 October 2017
When was the last time you really stopped to think about the businesses you frequent? Although it can seem like an inconsequential decision, the fact of the matter is that the businesses you work with each and every day can really impact your overall way of life. I wanted to create a better life for me and my kids, so I began thinking carefully about the places we worked with. We began focusing on visiting more locally owned and operated businesses, and it made a big impact. This blog is all about visiting better businesses and making them a part of your daily life.