Create a culture of appreciation and wellbeing
Looking to retain, motivate and support your people? Employee recognition is the best way to encourage wellbeing, productivity and keep the best talent on your team.
Find out why employee recognition is essential for your business and how you can get involved today.
Why is Employee Recognition Essential?
Employee recognition can be a simple ‘thank you’ note, a voucher, or a team event. As long as it’s genuine and not a quick box tick, gestures of recognition are valuable to your team. A study found that employees are 2.7 times more likely to be highly engaged if they believe they will be recognised for their contribution. Meaning staff praise and appreciation is beneficial for your business in many ways (1).
How do Employee Recognition Programs Work?
Employee recognition programs are the methods that you outline to recognise the accomplishments of your team. These can vary from small acts of appreciation to expansive gestures that uplift and inspire. Employees who feel valued are more likely to go the extra mile for your company.
Ultimately, employee recognition improves retention rates, keeping the best people in the business. A recent Gallup-Workhuman study showed that workers are 56% less likely to look for a new job when their organisation prioritises employee appreciation (2). Rewards, recognition and a focus on employee wellbeing can also help with recruitment and overall brand reputation (3).
Employee recognition also improves employee engagement, productivity, and performance. These show 14% higher in organisations with recognition programs than those without (3). Not only does this help your people feel a sense of purpose, value and collaboration within the workplace, but it can help with business expansion.
Create a culture of appreciation and wellbeing by refining your employee recognition programs. Start to place employee recognition at the forefront of your HR strategy and watch how the benefits transform your workplace.
Need help for ideas? Take a look at these 17 engaging and thoughtful ways to recognise your employees.
Offer a Wellness Day (here at Each Person, we offer our employees 3)
Write LinkedIn Recommendations
Gift Personalised Company merch
Recognise Individual Hobbies
Gift Ecards + Vouchers
Reward with Epoints, so your staff can shop for what they want and need
Cover travel expenses for the day. Or sign up to Each Person for the unique diesel card perk (saving employees 40p per litre!)
Highlight Accomplishments on Company Social Media
Host a team brunch
Plan an offsite family event with live music and food
Offer a free gym or class membership
Gift personalised gifts to each employee
Create a team wall of fame
Donate to a charity of their choice
Bring your dog to work day
Offer professional development opportunities
Gift-free subscriptions for streaming or food delivery services
Are you ready to get started?
Join leading brands and embrace Each Person as a new approach to employee recognition. Leave any hassle at the door whilst integrating employee recognition into your HR strategy and company culture. Reach out to the team and find out how we can transform your business. Contact us today at [email protected] and follow us on social media.
Sources:
Quantum Workplace – The Importance of Employee Recognition: Statistics and Research – https://www.quantumworkplace.com/future-of-work/importance-of-employee-recognition
Gallup-Workhuman – Gallup-Workhuman Study Finds Organizations Can Save More Than $16M Annually by Having Culture of Recognition https://www.workhuman.com/press-releases/gallup-workhuman-study-finds-organizations-can-save-more-than-16m-annually-by-having-culture-of-recognition/
Forbes – Why Employee Recognition Is More Crucial Than Ever – https://www.forbes.com/sites/carolinecastrillon/2022/11/20/why-employee-recognition-is-more-crucial-than-ever/?sh=5933f0a92e03
The post Thoughtful Ways to Recognise Your People appeared first on Wellbeing Magazine.
