Employee Recognition and 6 Powerful Ways To Implement It

1. EmployeeRecognitionand6PowerfulWaysTo ImplementIt Employeerecognitionreferstopraisingapersonora group fortheircontributions,efforts,and accomplishmentsintheworkplace. In theworkplace,employeerecognitioniscritical.Itcreates awelcomingenvironmentand a sense ofbelonging and connection. Overall,itfostersa positiveworkenvironment. Employeescan understandthattheirorganizationvalues them and theircontributions to the successoftheirteamandthe firmasa wholewhenthey receive recognition.Thisis especially importantasorganizationsexpandandevolve. Ithelpsemployeesfeelsecurein their worthto the organization, whichmotivates them to keepdoingexceptionaljobs. Employeeswhoareengagedare willingtocommittheirtime,talent,andenergy tohelp their company succeed.Theyputin more effortand feelobligatedto contribute to the company's success. Naturally,employeedisengagementislinkedtodecreasedproductivity.Employee disengagementcostsbusinessesbetween $450 and$550billionperyear.(TheEngagement Institute) MillennialsandEmployeeRecognition Employeeappreciationhasneverbeen moreimportantthanitisnow,thanksto the millennial generation. Theyaremulti-taskers,analyticalthinkers,andtechnologicallysophisticated.Theydon'tmind workinglonghoursandareconstantly lookingfor newchallenges.Millennialswant todo their tasksefficientlyand swiftly.They want toseetherewardsof their hard workrightaway,and hence,instant recognitionfor thejob. Organizations mustunderstand the motivatorsthatmillennialsfollow.Theemployee-employer connectionmustgo beyond theusual once-in-a-blue-moon work review. Rewards andRecognitionInduceMotivation Employee motivation isa criticalcomponentinpropellingyourorganization tothe top. Employee motivation hasbeenproved tobe boostedbytimelyawardsandrecognition.

2. Workplace motivationcanbedividedinto twocategories:intrinsicand extrinsicmotivation. INTRINSICMOTIVATION - It isthemotivationthatarises from theemployees'genuinelove andenthusiasm for the task thattheydo. Itoccurswhentheyaresatisfiedwith theirwork.Employeesdesireto attaintheir objectivesand advancetheircareers. EXTRINSICMOTIVATION - Moneyand otherbenefitsare the solemotivatorsforextrinsicmotivation. Extrinsicmotivation canbederivedfromvariablessuchas compensation,promotion, andotherprogramsmeant to appealtopeople.Youmustensurepositiveworkmotivationtodriveyour companytothe top. Forany organization,amixof theinnerandextrinsicdrivesis ideal.Motivatingemployees can be difficult and time-consuming,butitisunquestionablyhelpfultoyourcompany. Frameworkfora Rewards andRecognitionProgram WELLDEFINEDCRITERIA- Managementshouldengageinextensivebrainstormingmeetingsbeforedevelopingaprogram. You shouldthink about allofthe aspectsthatcancontributetotheemployees'overall development. They shouldalsoprovidepersonnelwith preciseguidelinesfor theircriterion.Andthey should be continuallyrevisingtheircategories tostay up withchangingtrends.Individual andteam accomplishmentsshould berecognizedseparately. RIGHTEOUSNESS- Employees shouldalwaysbe treated fairlyin theprogram. IntheRewards and Recognition Program, clarity and transparency are critical. If more than one person meets the predetermined criteria, youshould makecertainthat nooneisleftoutoftheReward/Recognition.

3. VARIETY- Asanemployer,you shouldbeawareofyour employees'variouscharacteristics.Employees should beable togain recognitioninavariety of categories, suchas camaraderie, sportsmanship, workethics,andsoon. Employeesshouldnotbe overly familiarwith the categories. Itwillnotonlymotivate personnel,butitwillalsoassist the companyinexcellingina varietyof fields andskills. TIMELINESS- Employeeappreciationshouldbedoneon a regularbasis.Itshouldbe consistentatalltimes. Employeeappreciationandthepurpose forwhich theyare beinghonored areinextricably linked. Employeerecognition,likeallforms of motivation, hasa finitelifespan.Peopletend to forget aboutit overtime. Hereare six effective methodsfor establishingemployeerecognition: PERKS&REWARDS- Offering incentives and prizes are not new or unheard of, but it is still the finest approach to instill recognition among staff. Everyone appreciates a little extra! Receiving a bit more than promised isperhapsthegreatest joyan employee can experience. Paidholidays,salaryincreases,maternity and paternityleave,adoptionleave,retirement benefits, and othertraditional employeebenefits areno longerconsideredrewards. Employeesappreciateitwhenyouprovidethemavarietyofincentivesandbonuses.Over many sites,placesthatoffera varietyofinnovative,out-of-the-box corporateperksand employee incentivesreceivehigher ratingsat “Bestplacesto work at.” Onspecialholidays,festivals,bonuses,andotherevents,employersmightreward theirstaff with gift cardsandvouchers. They canalso give themanemployee benefitsplatformthatallowsthem totake advantageof exclusive employeediscountsonlittle andlargepurchases.

4. EMPLOYEEAPPRECIATION- It'scrucial tobe grateful andexpressyourgratitude But howfrequentlydoyou do it? • Forexample: • Now andagain,amodestexpressionofpraise,suchasa "Welldone,""Thankyou,"or "Congratulations"message. • Afteralongdayatwork,a shout-out. • Ata gathering or meeting,aspecificmentionismade. • Or there'salwaysthe employee of themonth. Youmay also make rewardcertificates for youremployeesand congratulate themon their achievements. Thesemodest yetthoughtfulgesturescanmakeabigdifference ina company.Afterall,inthis highlycompetitiveenvironment,everyoneyearns forsome recognition. Appreciationisn'talwayssynonymouswithpraise.Employeeswanttobe respectedin the workplace morethan theywant tobe praised. Whenemployeesare treatedwithrespect, they treatotherswith respectaswell.Employees shouldbetreatedas significantassets to the organizationwhoare capableofmaking informed decisions. PERSONALIZEDREWARDS & RECOGNITION- Gone are the days when businesses could use a "one-size-fits-all" approach for all of their staff. They must recognize that various employees have various demands in order to attain employee satisfaction. Somepeople may wanttouse theirreward forpersonalfulfillment,suchasbuyingnewdevices, while othersmaywant touse itfor thelove ofwhattheydo, such astravel.

5. Whenemployees receiveuniquebenefits that aretailored to them,theyfeelvalued.The simplestapproach to do thisis topresentcustomerswith aplatformwherethey maychoose from avarietyofbenefitoptions. Thiswouldensure easy managementandthecompany'sgrowingpopularity. SOCIALRECOGNITION- Employees maybestflauntand express theirhard-earned admiration throughsocial recognition.Annual,monthly,and weekly rewards are allpowerful motivators forimproving workplace performance. Today's mosteffectiveformofsocialrecognitionformotivatingemployeesisthrough social media. Millennialsaredigitalnatives,havinggrownup in aneraofdigitalandsocialmediainteractions. Ithasbecomeingrainedintheirdailylives. Theywillhaveagreaterplatform tobrag abouttheirhard-wonsuccesses iftheyarerecognized on social media. Employers oflargecorporations may even considerprovidingemployeeswithacloud-based socialrecognition toolthroughwhichtheymay share theirachievements.Thiswillensure employee interconnection, familiarity,andhealthy competitiveness. BUILDING POSITIVEMORALE IN THEWORKPLACE- Employee moraleis definedbyWikipediaasanemployee'sjob happiness,outlook, andwell- being in the workplace. Building greatworkplace moraleisnotonly agoodtechniquetopromoteEmployee Recognition,but it isalsorequired. When a workplace's moraleplummets, it putsthecompany'sbottomlinein jeopardy. Low moraleis frequentlycharacterized byavarietyofpoorattitudesaboutwork,includingboredom, pessimism,apathy, andso on.

6. Thecompanyandmanagementshouldworktirelesslyto identifyandeliminatetheelements thatcontributetolow morale. Effective communicationisthefirststagein thisprocess. Listening toyour staffis the best way toshowthemhowmuchyou valuethem. They areenergizedby theprospectof participatinginthe processofdefiningthecompany's culture. Create an environment where employees are encouraged to speak out and share their ideas. Secondly,employeesshouldalsomaintain ahealthywork-life balance. It isyourresponsibilitytoensurethat your staff is notoverworked. It iscriticalto provide employeeswithworkplacefreedomand flexiblework schedulesinorderto keep them motivatedatwork. Employeesshouldlike theirwork,and the workplaceshouldhave certainelements of enjoyment. Employers shouldrecognizeandrewardemployeesfortheiroutstanding performance and behaviorin theworkplace.Youcanalso provide trainingtohelpemployeesestablisha positive workattitude. NON-PROFESSIONALADVANTAGES - Allworkandno leisure maynot make employeesboring, but it does maketheworkplacedreary and uninteresting. Employees mightreceiveavarietyofnon-professional rewards. It may be puttingoneventsforstaff toshow offtheirhobbiesand interests.Employees'physical and emotional well-beingisimprovedbyengaginginactivities. It canalso motivateemployeestotakeonnew tasksor developnew skillsthatwillbenefitthem in the longrun.

7. Conclusion Employeerecognitionis crucial to bringingyourcompanytolife.Employeerecognition isno longer an option, but ratheraneed inyour company. Itgoesfar beyond traditional methodssuchas Employeeof theMonth andinvolvescareful planning and implementation. Whilekeepingyourstaff happyisn'ttotallyin yourcontrol,givingthem thepraisetheydeserve at the rightmomentis.Employeeappreciationprogramscan benefitabusinessinavariety of ways. It'satried-and-truemethod for motivatingemployeestoworkharderand increasing employee engagement. Implementing these 6 tried-and-truemethods inyourbusinesswillundoubtedlyassistyou in gettingstartedon thepathto developinganemployee-centricrecognition programandavoiding unpleasantsurprises!