Nearly 80% of employees quit not because they want greener pastures, but because they feel they are not appreciated. Your work as the boss does not end with hiring the best of the best. You will have to keep on working to have them around.
If you own a business and want to avoid losing your top employees because they are not getting the much-needed appreciation, consider using employee recognition software. As the name suggests, it is a tool designed to improve company culture by providing incentives for a job well done. One popular example of employee recognition software is Redii.
Integration is Highly Recommended
Whether or not your business has an old-fashioned employee recognition program, it is time for an upgrade. The best software for the job allows all parties, your employees, and you to benefit. For instance, it gives your employees something to be excited about, which can encourage them to work even harder. When they exert extra effort, your business can prosper even further. With employee recognition, everyone’s a winner.
However, the undertaking does not end and begin with the integration of employee recognition software, such as Redii. Even though the use of such a system can make appreciating your employees seamless and easy, you should still come up with great ideas to see and appreciate what they are doing.
Money is Not the Only Option
Most business owners believe that recognizing their employees is a costly venture. Shelling out cash, fortunately, is not the only option for appreciating someone’s effort in the workplace. Besides, up to 82% of employees prefer to receive praise than a gift. Recognizing your employees need not involve money all the time.
There are a handful of factors to consider when deciding which employee recognition suits your business. They include:
- Number of employees
- Type of culture in the workplace
- Values of the business
- Available budget
Different Methods for Different Situations
When it comes to recognising employees, no single approach would fit all instances. As the business owner, you should come up with an approach that takes into account the wants and needs of your employees.
The good news is that you cannot run out of employee recognition ideas quickly. With so many options available, there is a way to recognise every person in every situation. Some wonderful examples are:
- Public recognition. Nothing can make an employee feel appreciated more than getting a surprise party. If there are time and budget constraints, a congratulatory email or a shout out on social media is often more than enough.
- Private recognition. Not always does everyone in the workplace have to know that you appreciate someone’s effort. To avoid unnecessary hoopla, you may consider sending the employee a handwritten note. You may also approach him or her to personally extend your gratitude.
- Promotion and tangible awards. A new job title, special project, an invitation to provide an opinion — any of these can make your employee feel that he or she is an important role player. You may also give the person a raise, bonus, or incentive.
Many benefits come with employee recognition. Leading the list is keeping your best employees around. There are many ways to show that you appreciate their hard work.
Author bio: Maddison Brown is a freelance writer and a GOT fan. Apart from writing quality articles on vrious niches, she likes to read & write fiction. More than anything, she loves to spend her time with her family, explaining technologies to the elders.