Create a Culture of Caring: The Importance of Employee Recognition
Did you realize that employee engagement rose to nearly 35 percent last year? While this is much better than in previous years, this statistic shows that American business owners still have a long way to go when it comes to connecting with their employees.
Failing to find ways to engage your employees can lead to problems with productivity and higher than normal turnover rates. Some business owners get so wrapped up in the day to day managing of their company that they fail to give employees a pat on the back. Learning about the importance of employee recognition of essential when trying to grow your business.
If your team is unmotivated and feel like they are being taken for granted, then they will do bare minimum while on the clock. Instead of dealing with the negative consequences this will create, you need to hand out rewards and recognition whenever possible.
Read below to find out more about why employee recognition is so important.
Employee Recognition Can Increase Productivity Levels
The cornerstone of any successful business is high levels of productivity. If everyone on your team is pulling their weight, doing things like meeting project deadlines and taking on large scale projects will be a breeze.
Employees who feel like the work they do doesn’t really matter have a habit of phoning it in while on the clock. This “bare minimum” attitude can affect your business in a negative way. Rather than letting your team feel neglected and unappreciated, you need to take the time to recognize the hard work they do.
If you give your team an incentive to work hard, they will give you their all on a consistent basis. Whether you recognize employees with a plaque or coveted parking place, showing them that you care is paramount.
Recognized Employees Are Much Happier
As most adults know, getting up and going to work on a daily basis can become draining over time. People who are not being recognized or engaged in the workplace may start to dread working. The last thing you want is a workplace full of unhappy and disgruntled employees.
The main goal you should have as a business owner is making your employees happy. The best way to do this is by showing them you see and appreciate what they are doing.
Often times, happier employees will call in less and get more done while they are on the clock. As you develop an employee recognition program, you should view this process as an investment in your company. The time and money you put into this recognition will definitely pay off in the long run.
Make Attracting Quality Talent Easier
Taking a business from a startup to success story can be very challenging, to say the least. As your business begins to grow, you will need to hire more employees to lighten the workload. Attracting the best and brightest in your industry will require a lot of hard work and a good reputation.
If word gets around about how well you treat your employees, getting top talent will become much easier. Most people who are looking for a job will thoroughly inspect things like company culture before making any decisions.
When applicants look at your company culture, you want them to find an atmosphere that values hard work and productivity. Hiring new employees with experience and drive will allow you to take your business to the next level.
Make Your Employees Feel Like Part of the Team
One of the biggest problems most business owners have is relaying the goals they have to their team. If your employees don’t know where you want to take the business, they will have a hard time feeling like part of the team. This is why you need to keep them in the loop regarding changes coming down the line.
If you truly appreciate your employees, you need to make an effort to show them they are equals. Once employees start to feel like part of the team, your goals will become their goals.
Trying to take your company to the top without help from your employees will be nearly impossible. This is why you need to focus on having regular meetings to relay information and to recognize their hard work. Getting your team out of the office is a great way to get to know them and have these meetings in a comfortable environment.
The Prospect of Recognition Help With Collaboration
Taking on larger projects can be a nightmare if your team doesn’t play well with each other. Attempting to run a business with a workforce that has a “me first” attitude can lead to lots of problems. This is why you need to focus on recognizing the hard work of employees in groups.
Putting together groups to handle certain aspects of a project can be extremely helpful. The more hands you have on deck when working on a project, the easier you will find it to get results. If your team is aware of your practice of offering recognition to groups of workers, they are more likely to embrace the power of collaboration.
If you are looking for a way to improve teamwork and inter-office relationships, offering team-building exercises is a great idea. Once you show your team how much more they can do with the help of others, increasing collaboration will be a breeze.
Now That You Know the Importance of Employee Recognition…
Building a winning team can be much easier when learning more about the importance of employee recognition. Being consistent with your employee recognition efforts can go a long way when attempting to grow and strengthen your business.
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