What is employee recognition?
In business, employee recognition is the positive acknowledgment of a staff member’s hard work and good performance. It can involve a simple thank you by email or a big reward to recognise their day-to-day efforts.
This important business component can go a long way in benefiting your staff performance and your company’s development.
Staff are universally considered to be a company’s biggest asset, so it’s important to make sure your employees care about your business and believe in your values. Employees who don’t will naturally not perform to the best of their abilities. This is why it’s vital to make sure all your employees are happy, satisfied, and engaged in your company.
An engaged employee is someone who fully buys into your company values and wants to help develop your brand. A satisfied and positive, happy employee is also more likely to perform well for you than one who is dissatisfied and negative. This is where employee recognition can help. Recognising your staff’s hard work shows you appreciate them and what they do. In return, they can feel valued, satisfied, and engaged in your business.
Integrating this type of incentive programme into your company can help you achieve the deliverables you need to get the most from your staff. You can keep them happy, satisfied, engaged and focused on your company’s goals, all year round.
State of the Global Workforce, Gallup, October 2013, says: “Well thought-out incentive and reward solutions can work wonders for staff motivation and address the challenges facing HR professionals. When implemented effectively, they can have measurable benefits to businesses for weeks, months and even years.”
There are many ways you can use this incentive programme in your business. You could even align it with your brand values to help you achieve staff engagement, while developing the best behaviours that are in keeping with your company.