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Over the last few years, so much has changed about the ways in which we work and connect with each other. Whether in the office or from home, finding the best way to engage with team members is harder than ever before. However, the act of recognizing others has the power to increase employee morale, retention and productivity and ultimately create a greater sense of connection within teams.
Employee recognition is the timely acknowledgement of a person’s behavior, effort or business contribution that supports an organization’s goals and values.
And while this can take many forms, it is essential that managers and leaders find ways to prioritize expressing appreciation.
In an effort to help you master recognition and better achieve your business goals, we surveyed over 300 respondents and compiled their thoughts and opinions into one easy guide.
Over 78% of respondents
say feeling recognized at work is either “Extremely Important” or “Very Important” when it comes to their decision to stay with the company.
Showing appreciation and gratitude for your team members can make a big impact on the success of your business. It can also be a key factor in an employee’s decision to stay with the company. That’s why it’s important to give frequent and timely recognition throughout the year, not waiting until an employee’s annual review.
• Over 78% of respondents say feeling recognized at work is either “Extremely Important” or “Very Important” when it comes to their decision to stay with the company.
• When asked who they’d like to receive recognition from the most, 47% of respondents selected senior leadership, more so than peers or direct managers.
• If receiving a physical gift, 75% of respondents told us that they’d prefer a gift that is personalized to their interests and over 63% would like a gift that has social impact.
78%
say feeling recognized at work is either “Extremely Important” or “Very Important”
“It’s really important – if you feel like you’re not valued and no one ever recognizes the hard work you put in, it’s demoralizing and makes people want to leave.
• From what to do – A heartfelt message? A gift? A monetary reward? – to how to do it – be authentic! – the report is filled with employee appreciation ideas and even nuggets of wisdom in verbatim quotes from our respondents.
