Recognition is an important part of acknowledging employees and keeping them engaged and motivated toward your company’s success. Positively recognizing employees gives them much-needed credit for their hard work – it also goes a long way in increasing job satisfaction and organizational morale. It’s simple: companies operate more efficiently when their employees are happy.
According to an Accountemps survey, regular recognition of accomplishments is one of the highest valued forms of non-monetary compensation for both part-time and full-time employees. However, employee recognition methods don’t have to be formal or costly to be effective. Simple measures can be equally powerful.
Below are five ways low-cost, high-impact ways companies can recognize employee accomplishments:
1. Implement flexible schedules
There’s no question about it: most workers want flexible schedules. Occasional flexibility is extremely attractive to employees – it allows them to spend more time with family, schedule appointments more easily, and work better around unforeseen events. And it’s also a relatively easy and low-cost way for employers to recognize high-performing or trusted employees. As long as employees are in a role where occasional flexible hours won’t affect productivity or performance, consider allowing them to adjust their hours or work from home occasionally when needed.
2. Have fun at work
Employee recognition doesn’t have to come in the form of a big bonus check – it can be as simple as adding a little fun to the workplace. Employers should think of fun and exciting ways to reward their staff and help increase morale. It could be as simple as ordering in pizza for the team, or as elaborate as a party for employees’ friends and family. Terri Levine, president of The Coaching Institute, implemented an entire week for boosting morale each year. One activity? Employees were asked to bring in baby pictures for a bulletin board, and coworkers had to match each picture to the employee.
3. Reward success and effort
It’s important to reward and recognize employees when they do an excellent job or excelled at a task. However, it’s also important to recognize their efforts, whether they’re at an ongoing task or an idea that didn’t work out. Rewarding and recognizing significant efforts – successful or not – will encourage employees to continue developing new ideas. Only rewarding successes, on the other hand, could breed a culture that is afraid to try new things.
4. Say “Thank you”
The absolute easiest way to show employees that you recognize their contributions? Saying thank you. A simple thank you from a boss or a coworker means a lot to employees, and it can go a long way in making them feel appreciated and motivated. Supervisors can leave handwritten thank-you notes on employees’ desk, or they can say it in person with a handshake or a pat on the back. These simple gestures let employees know they’re appreciated on a daily basis for their hard work.
5. Provide incentives
Actual incentives are a tried-and-true method of employee recognition and engagement. What most companies don’t realize? They don’t have to be expensive or extravagant. When employees have exhibited exceptional work or accomplished something outstanding, reward them with something small like a gift card to a local restaurant or a free lunch out. Other options include vouchers for a night out at the movies, a gift basket, or gas cards.
However you choose to recognize your employees, the fact that you do will go a long way toward showing them that you care – and that you appreciate their contributions. What does your company do for employee recognition?