Rewarding a good team is good for everyone
Employee recognition is more than a buzzword. It impacts your organization and retention. And with most employees working remotely, showing appreciation is more important than ever. You can start with an employee rewards program — and it doesn't need to be costly or complicated. Check out the resources below for some ideas.
10 key employee recognition tips to managing an anywhere workforce
From holding virtual celebrations to providing tuition assistance, here's a list of things you can do to show team members you care about them.
Employee recognition: Everyone benefits
Employee recognition goes a long way toward improving retention. Beyond making your team members feel good, showing your appreciation for your staff’s hard work also results in greater productivity, energizes innovative thinking and instills a stronger sense of loyalty.
Workers benefit from employee recognition:
- Increased motivation — When staff members know they’ll be rewarded for their performance, they’ll show more enthusiasm and take more initiative.
- Connection with coworkers — When employees find out about a coworker's wins, they tend to congratulate them as well which builds a culture in which others do the same.
- Connection with the company — Recognition programs foster a deeper connection with the company. Going in to work becomes more than just doing a job and receiving a paycheck. Employees will see that their contributions really matter and make a difference.
Your business benefits from employee recognition:
- Creates a positive company culture — When a staff member shines and is rewarded, others will follow their example in hopes of being rewarded too.
- Reduces stress — Employees who are focused on doing a great job and less focused on avoiding problems won’t feel overwhelmed about their responsibilities.
- Improves customer satisfaction and loyalty — Customers simply enjoy doing business with a company that has committed, passionate employees.
When to recognize employees
You can time the delivery of the award with key career or personal milestones, such as work anniversaries, birthdays and annual reviews. Recognition can also come after important projects have been successfully completed or when a worker calls out a colleague who consistently goes above and beyond the call of duty to support the team. Timing is everything, so don’t wait too long — be sure to celebrate employee achievements while the details are fresh in everyone’s mind.
Spread the recognition
While it’s important to praise good work, try not to play favorites and single out the same team members. Your rewards program should be inclusive, giving equal recognition to all involved. Especially if everyone pitched in to achieve the team’s goals.