Everyone likes to be noticed. But employee recognition involves more than a simple shout-out in a team meeting or employee portal – and the benefits are long lasting and business building. Employee recognition helps motivate employees because it:
Proves your appreciation Recognizing employees for specific, identifiable actions proves you appreciate their skills and the company values them. If possible, do this early on in an employee’s tenure.
Highlights your corporate values Showing appreciation for employees exhibits your workplaces values, including respect, fairness, open communication, teamwork and more.
Sets performance standards Employee recognition is a positive way to communicate your high standards for work and your willingness to reward people with similar standards.
Builds an employee value proposition Employees stay when they know their work is valued by you and company leaders. They quit when managers fail to show employee appreciation.
Helps reach goals When you publicly reinforce behaviors you want, you motivate employees to help the team reach its goals.
Encourages collaboration Recognizing employee teams builds camaraderie and a spirit of cooperation, while also boosting the credibility of the team, as well as your management.
Creates sharable processes The best employee recognition practices can be shared across the organization, spreading the power of employee engagement with efficient branded processes.
Expands compensation realities Employee awards (like merchandise, travel or experiences) show personal appreciation as well as tangible gratitude. Though not technically compensation, these awards have real and memorable value.
Proves your commitment Making sure your employees know they are valued and appreciated shows you really care about their success and their future at the company.
Celebrates milestones Recognizing employee anniversaries is a great way to honor long-serving team members and it shows new employees the quality of commitment. (Pro tip: Think carefully about what “long-standing” means in your workforce. More and more, companies are recognizing employees sooner in their careers, like on their first or third anniversary.)
As Vice President of BI WORLDWIDE’s Employee Performance Group, John O’Brien’s primary focus is to develop employee engagement strategies and solutions that change the behaviors of employees to align with customers’ business objectives. An expert in Employee Recognition Strategy, he educates HR professionals around the world on how to best engage their employees through employee engagement strategies, solutions and best practices.