Employee appreciation factors heavily into productivity, morale and retention. Unfortunately, it’s something many companies are lacking. Studies have found, “A remarkable 40 percent of employees, from a diverse range of fields and positions, stated that employee recognition was simply not a priority in their business, something that limited their motivation to truly excel.” Here are some simple and affordable ways to show your employees you appreciate them.
Acknowledge Small Accomplishments
Celebrating big wins like promotions is obviously important. But it’s equally important to get in the habit of acknowledging lesser accomplishments on a consistent basis and recognizing the little things. Maybe an employee shows up every day on time with a positive attitude or they’re great at customer service. These are examples of small accomplishments that are worth recognizing.
Create an Employee of the Month Program
This has been, and continues to be, one of the most effective ways to praise staff and recognize their hard work. It’s where you select one employee who has gone above and beyond each and month and spotlight their efforts. Small Business Trends says that rewards can include:
- Small cash prizes
- Free company parking
- A day off
- A spa day
- A trophy
It doesn’t have to be anything over the top. What’s important is that an employee feels your gratitude.
Plan a Company Potluck
Having your team gather for a potluck dinner accomplishes two things. First, it gives everyone a chance to connect and build team chemistry. Second, you have the opportunity to let everyone know how much you appreciate them. In fact, you could make employee appreciation the core theme of the event and mention everyone’s unique contributions one by one.
Send Out a Company-Wide Email
A company-wide email is another great way to acknowledge the positive things your staff is doing. For instance, you could include a few different sections featuring your top-performing employees of the week. And to get everyone in on the action, you could include a note of how much you appreciate your entire staff.
Employee recognition is beneficial in several ways. Most HR professionals report it creates a positive workplace culture and employee experience, while improving retention and recruitment. Following these tips will show your employees you appreciate them —none of which cost a lot of time or money.
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