Recognition/Awards/Formal
Recognition strategies align employees to business objectives by reinforcing actions and behaviors that matter most to the company. Recognizing employees in a personal and tangible way solidifies the employees’ emotional connection with company, making them feel supported and appreciated, leading to a more engaged stakeholder. Recognition, acknowledgement, and appreciation are the key elements to a happy, engaged, and aligned employee.
Celebration/Barware/Informal
When employees are engaged, aligned, and appreciated, they will go above and beyond to take care of your customers, and serve as great ambassadors for your company in everything they do. Individuals who have been provided the right tools, given clear direction, and know they’re role and responsibility, will exceed the expectations of the customer and deliver outstanding service! This all leads to happier customers and ultimately increased revenue and profitability.
Appreciation/Business Gifts/Day to Day
If you acknowledge and reinforce desired actions and behaviors with positive feedback, they will become second nature to the employee. Engagement and alignment are the positive outcomes of implementing recognition strategies. When recognition, appreciation, and ongoing acknowledgement become an essential part of your corporate culture, your greatest asset, your people, will flourish. Strong employee alignment only happens when employees understand how their contributions are tied to the success of the company and why their efforts make a difference.
Awareness/Brand Shapes
Employees perform at their best when they understand the company purpose, core values, and business objectives. Recognizing employees for exhibiting the right behaviors reinforces the company purpose and by living the core values daily, it supports the employees understanding of what matters most. This requires that managers are constantly reinforcing these attributes to their employees throughout the organization.
The statistics related to the importance of recognition are undeniable, but did you know that Service, Safety, and Performance awards are tax deductible? Click on this link to learn more!