Employee recognition plays a key role in improving company culture and reducing turnover. Therefore, it’s something you’ll want to prioritize. But according to research from Gallup, “Only one in three workers in the U.S. strongly agree they received recognition or praise for doing good work in the past seven days. Furthermore, employees who do not feel adequately recognized are twice as likely to quit in the next year.” Here are some effective ways to show your employees they are valued.
Let Them Make Critical Decisions
Giving your employees a say in what happens at your company shows you trust them and their capabilities. And you could argue that establishing this level of trust is one of the best ways to demonstrate how much you value someone. While this probably won’t be feasible for every decision, be sure they’re involved in the overall decision-making process.
Give Them Occasional Surprises
An early departure from work, a work-from-home day, a gift card to their favorite store or a certificate of achievement. These are all ideas of random surprises that show employees you appreciate them and what they do for your company. An added plus is this is a great way to build morale and raise the collective employee satisfaction level.
Be Open and Honest
Leaving team members in the dark as to what’s happening and impending changes that are about to take place can rub them the wrong way. They’re likely to feel like they’re out of the loop or undervalued—both of which can create resentment. That’s why you should make it a point to be transparent about what’s going on at all times. Speak with employees one-on-one, hold team meetings, send company-wide emails or do whatever it takes to keep the information flowing.
Nearly everyone has an idea as to what steps could be taken to improve operations and make your business a better place to work. Often, those ideas can be extremely insightful and lead to positive changes. So you should always encourage feedback and give employees an opportunity to voice their opinions. Not only can this be the catalyst for growth and development, it shows your team members you value their ideas.
Employee appreciation is vital in today’s competitive workplace. Some of the most successful companies are the ones where their employees feel the most valued. Following these tips should help make employee appreciation a central part of your business, which is a win-win for everyone.
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