Employee Recognition - Why it's important!
Sep 17, 2024Implementing a Recognition program – Why it’s important!
Acknowledging good work has both workplace and individual benefits, in terms of creating a culture of recognition and building habits of gratitude. An effective way of instilling recognition within your company is to implement a recognition program.
What is a recognition program?
Essentially, a recognition program aims to highlight achievements and actions of employees through a shared mechanism. A successful recognition program will let employees know their efforts are appreciated and embeds a culture of recognition and reward, overall creating a positive work environment.
Here’s an overview of the benefits!
Workplace benefits:
- Improved morale and job satisfaction
- by recognising a job well done and rewarding someone, they are likely to do it again.
- an employee who feels appreciated and valued it likely to be more engaged at work.
- 'pay it forward'. If they receive appreciation they're more likely to show others appreciation. This is how we build a recognition culture.
- Increased employee engagement and productivity
- Gives employees motivation to meet and surpass expectations, even when times get tough.
- Employee understand how their work ties into the bigger picture.
- Reinforces positive behaviour and performance.
- Recognition cultures lead to increased employee engagement, loyalty and retention
- Enhanced teamwork and collaboration
- Employee recognition can encourage active participation and overall engagement - people feel comfortable and motivated to contribute. It's safe to speak up (queue: psychological safety obligations!).
- An employee who feels valued is more likely to bring innovative ideas to the table and collaborate with others. There's no such thing as a silly idea.
- Reduced employee turnover and improved retention
- On top of the reasons already mentioned, creating a sense of appreciation within your term can lead to job fulfilment and increases levels of happiness in a role.
- Building a positive employer brand
- Some companies are renowned for their positive workplace cultures, that they have candidates knocking at the door.
- Increased psychological safety and psychosocial risk mitigation
- Employers have legal obligations to identify, reduce and manage psychological safety risks.
- Recognition cultures support people to feel 'safe to speak up'. Nobody is ridiculed and there's no such thing as a silly idea... people are thanked for their contribution, guided in the right direction with feedback and that silly idea might be the trigger to uncovering your next innovation and competitive advantage.
Individual benefits:
- Increased optimism, positive intent and a positive thought cycle
- Reduced stress and anxiety, and the ability to recover quicker when you do dip
- Enhanced physical health
- Improved relationships
- Promotion of more positive emotions and moods
Time to act!
Looking to implement a recognition initiative in your company but restrained due to your company size, tied of resources or simply because you're not sure how? We’ve removed the barriers and have launched a centralised solution for you.
At Employii we’re excited to announce our latest initiative, Recogniise, which aims to promote recognition cultures at work. Recogniise’s purpose is to bring recognition top of mind so that we incorporate it into everyday habits, leaving staff feeling more valued and happier at work. As mentioned above, this links to higher engagement, retention, psychological safety and building a positive employer reputation.
Of course, an employee awards program is just one activity to help us achieve this. Our dedicated HR team can work with you to embed further practices, facilitating genuinely positive workplace cultures.
For more information about the program click here
Contact the team:
If you have any questions regarding the information above, please feel free to reach out to the Employii team via [email protected] or give us a call on 0401 510 559.
Author: Jess Roughsedge (HR Officer)