Everyone loves to be appreciated, and staff encouragement and motivation are integral in boosting energy in the workplace. Therefore, employee recognition is essential to maintaining the goodwill of every establishment.
However, creating it can be pretty challenging, especially when you have a handful of workers. In this blog post, you will learn how to create an employee recognition program for 2022.
What is employee recognition?
Employee recognition is publicly acknowledging the achievements or contributions of workers. It becomes an employee recognition program when you organize a small or elaborate ceremony to celebrate staff achievement. Usually, business owners and CEOs celebrate exemplary behavior, vast and minor milestones, etc.
Essentially, it is a way of showing your workers that you see their efforts towards building a formidable enterprise, and you appreciate them. Employee recognition is also a vital way to engender positive competition among staff to encourage them to do better, which drives the company forward in the long run. That way, you can promote work-acceptable or work-friendly attitudes that align with the business goals and values.
Similarly, by publicly celebrating the achievement of workers through an employee recognition program, you invariably provide an opportunity for workers to celebrate each other publicly. That way, you build team spirit and mutual understanding in the workplace- an essential tool for protecting your energy.
Types of employee recognition
We will base the types of employee recognition according to a vertical or horizontal movement. Essentially, two types exist vertical recognition and horizontal recognition.
Vertical employee recognition
It is a top-to-bottom pattern where appreciation comes from the superiors at work and trickles down to the inferior or junior workers. For example, an accountant receives the CEO’s award for quick and proper generation of financial documents like the 1099 and w-2 forms, which facilitate income management.
Horizontal employee recognition
Here, the employers allow fellow workers to celebrate one another’s achievements at work. It is usually a peer-to-peer system of valuation where workers openly give credit to their fellows for an excellent job. For example, at a company gala, workers are given a few minutes to appreciate one another and say nice things about the other person.
Relevance of employee recognition
Because everyone loves admiration and appreciation, the benefits of employee recognition cannot be overemphasized. If you are an entrepreneur, a business owner, or a manager, here are a few reasons why you might want to consider organizing an employee recognition program in 2022.
Higher employee retention due to happier workers.
Your company is more likely to retain workers when they feel recognized and appreciated. Essentially, why would staff want to quit when they work in an emotionally uplifting environment?
Higher workplace productivity.
Studies show that 90% of workers crave the approval of their superiors. As a result, when you appreciate your staff, it increases productivity by increasing their willingness to work.
Maintenance of company goals and values
The horizontal type of employee recognition is beneficial for building team spirit among workers who learn to appreciate one another. That way, company goals are highly maintained.
It boosts the leadership branding of your company
Happy workers give positive employee testimonials that boost the leadership branding of your company. That way the company gains more goodwill.
How to create an employee recognition program in 2022
There are several strategies to implement when considering starting an employee recognition program for 2022, and the possibilities are endless. Additionally, technology and the internet make it possible to implement your strategies effortlessly and without sweating a brow. Here is a list of possible approaches you might want to consider for 2022.
- Create a list of awards and recognition that are in line with your company goals and values
- Have a meeting with your workers to inform them about the achievements list
- Setup a monitoring committee
- Fix a date for the award/celebration
- Honor the worthy recipients of the award publicly
Examples of employee recognition
Generally, you can use fringe benefits to encourage workers in your company. However, If you are unsure how to implement employee recognition, here are a few examples to jog your memory.
- A shout out on your social media page to the winners
- Thoughtful gift presentation
- An all-expense-paid vacation
- A paid course or training for outstanding workers
- Remote work options and flexible working conditions for the dedicated staff
- Organize and award night for the staff
- Use fridge benefits strategically to encourage meriting workers.
The possibilities for employee recognition are endless as there are countless ways to say “thank you.” As a result, the success and sustainability of a new concept in the workplace hinge on tradition. Make employee recognition in your company, not only a deed for 2022 but a sustainable tradition, and your business will soar with agreeable workers.
FAQS: How do you deal with a lack of recognition at work?
How do you deal with a lack of recognition at work?
Whether you are an employer or employee, being underappreciated can be excruciating. As a result, when you are not recognized at work, you might want to analyze the situation to know the origin. The chances are that it might be something you are not doing well. After that, proceed with giving appreciation freely to others and watch it return to you.
What happens when employees don’t feel valued?
A feeling of undervaluing or underappreciation is first recognized by a lackadaisical attitude to work. Also, employees lose interest in the job; a common way to improve this situation is to use fringe benefits regularly.
Why do good employees quit?
Losing a good employee can be detrimental to the enterprise’s company goals and overall success. As a result, negative feelings are responsible for the Los of credible staff at work. Additionally, a lack of work privileges or bad working conditions can cause an excellent employee to quit.
What is the primary reason why employees quit?
Bad management is often at the frontline of losing employees, especially credible employees. In addition, if the workplace is filled with manipulative coworkers or an overbearing boss, there is a greater chance that workers will want to quit. Regular staff meetings will go a long way in circumventing such ugly workplace situations.