Did you know that the number one reason cited by employees for leaving their job is lack of appreciation?
Whether termed recognition, appreciation or simply feeling valued, the need for reinforcement for a job done well is basic and deeply-rooted.
If it is so important, then why is it so rarely shown?
The difference could be due to a discrepancy in perceptions. Employers may be aware that people need recognition but when asked how they meet this need, they cannot articulate an answer. Could it be that employers are used to telling employees when they make mistakes and have forgotten how to provide support and encouragement?
In today’s business climate, salary increases are one way – but not the only way – to reward an employee’s endeavors. A little creativity can go a long way in ideas to show appreciation.
Financial rewards: Has anyone ever turned down a financial boost?
- Time off with pay: everyone appreciates an unexpected day, or even half-day, off with pay.
- Flexible scheduling: nothing says an employee matters like helping them balance work with life responsibilities.
- Offer specialized training: this affirms that you believe in their future with the company.
- Gift cards: your choice reveals how well you know your employee.
- Food (restaurant meals, catered events, lunch and learn events): a great way to award a team as well as individuals.
- Office or group party: builds on team spirit and enhances company culture while saying thanks.
- Internal or facility improvements: investing in your employees’ workspaces, equipment, etc. says that you appreciate what they do and support them.
- Gym memberships: shows that while you appreciate work production, you also care about your employees’ well-being.
- Spa memberships: a great way to say thanks – with no strings attached.
- Bonuses: enough said.
Financial rewards are a plus, of course, but so is taking time to be more “personal” and/or involving the rest of your staff. Affirming great work in ways that increase an employee’s respect among his/her peers is almost always a winner. Here are some suggestions.
- Special reserved parking spot
- Feature in a newsletter or on a website
- Send a personalized note
- Celebrations for birthdays
- Plaques, certificates or trophies
- Redeemable points
- Allow peers to have a say in rewarding each other
- Informal face-time to exchange ideas and touch base
- Job shadowing
- Bring your dog (or other well-behaved pet) day
- Wall of fame
Verbal rewards: This can be the most important part of your thanks and appreciation. Even when giving financial or tangible awards, a thanks should be included, but sometimes, saying thanks is all you need to do.
- Saying “thank you,” with the person’s name and reason (“Thank you, Pat, for handling that irate customer today.”)
- Praising the employee specifically, in front of peers, such as at a staff meeting.
- Personal acknowledgement of an event (like the birth of a child).
Each of these rewards creates benefits for employers by not only helping to retain employees, but also by boosting morale for all. A personal touch lets employees know you not only appreciate their work but also take a personal interest in them as individuals. Simply speaking to them about things that are planned for the organization can motivate them to feel as though they are an active part.
Nissen Staffing Continuum can assist you with your employment plans and strategies.
At Nissen Staffing Continuum, our focus is on you and your success. We work as your strategic partner by adding value, helping you avoid obstacles and reach your objectives. How may we assist you with your hiring process?