The Art of Recognition

With 47% of existing jobs set at high risk potential for becoming automated, employees are definitely made to feel like they’re walking on a tight rope or performing some special balancing act.

That’s why employee recognition is one of the most valuable tactics to an employee’s performance.  In fact –– according to the Aberdeen Group, “22% of businesses consider recognition programs to be an extremely valuable asset to their success.”

What this demonstrates here is that employee recognition is an absolute necessity in order to keep your turnover over rate low. Lack of motivation can lead to disengagement and give an employee a reason to seek employment elsewhere.

Perhaps it relates to the “gold star” mentality we all aimed to achieve in grade school or simply having a parent tell you “good job” back when we were kids. Regardless of where it stems from, the art of recognition truly does wonders for a person’s pride and overall well-being.

Employees who receive recognition also feel appreciated and an appreciated employee equates to a long-term employee. Lower turnover is better for your department and company performance.  The Aberdeen Group recently conducted a study that revealed employees are 2 times more likely to commit to their jobs because they not only feel challenged but also intrigued by their work as well.

Methods to implement recognition within the workplace:

  • Track employee performance
  • Track employee engagement
  • Compare the two
  • Make note of accomplishments
  • Verbally and electronically communicate the employee’s achievement
  • Instill weekly or monthly team recognition meetings to publicly announce accomplishments
  • Provide bonus options if goals are met

With the right recognition structure in place, your internal operations will improve significantly. High employee engagement in turn creates a higher customer retention rate, which ultimately progresses the organization.

So just as a friendly reminder, sometimes all anyone needs is a simple thank-you, pat on the back or an “atta-boy/girl” salute.

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