As a team head, I believe creating a culture of recognition in a workplace is a process that requires a few difficult steps. If you have been following my blogs, you know how I like to emphasize the importance of employee recognition programs for businesses.
Since you are reading this article, I presume you, too, are a team head who is looking to know the steps to create a culture of employee recognition at your workplace.
Employee recognition has come out to be one of the biggest areas of management. The trend of investing in employee recognition rewards has never been more alive. These days companies are giving out unique glass awards to make their employees feel satisfied.
Why Employee Recognition Is So Important In 2021
Employee recognition is very important in 2021 since due to the coronavirus pandemic, people have lost their jobs, the salaries of most employees were cut down to half.
In 2020 major companies could not provide salaries to their employees on time which is why they had to find out other methods to retain their employees amid the coronavirus pandemic.
What is Employee Recognition?
Employee Recognition is something that every employee deserves for their hard work; in simple words, it is a way that lets employers feel their worth in the companies they work in. Apart from monetary incentives, employee recognition rewards can prove to be one of the most lucrative investment options when you look at it from a business point of view.
It is deep-rooted in our psychology to crave recognition for all the little things we do and take part in. At work, it is no different either. Employee recognition enhances a business in a lot of ways. These are
- Increases productivity of the business.
- Boosts the morale of employees.
- Forster’s interpersonal relationships.
- Builds trust between employers and employees.
- Improves self-confidence.
- Motivates high performance.
- Increases revenue of the business.
What Are The Effective Steps Towards Creating A Culture Of Recognition?
These are the steps you need to follow in order to create a culture of recognition. Do note that I have personally made this list based on my experience. There are a lot of other ways to build a culture of recognition at the workplace as well.
1. Be Frequent And Timely
Fix a specific time in a month when you are going to acknowledge and appreciate the work done by your employees. Recognition that is frequent and only comes once in a few months is not as meaningful. When recognition is that rare, employees will not want to stay in your business organization.
2. Set Targets
When you set targets, your employees feel more motivated to work harder. Doing this not only does the target get fulfilled but also makes room for appreciation for the employees.
3. Give Recognition In Different Forms
Recognition rewards do not always have to be monetary rewards; there are many other forms of employee recognition as well.
For instance, a premium subscription to OTT platforms, a gym membership card, gift cards, branded clothing all come under employee recognition programs. According to a survey, above 50% of employees like customized gifts rather than cash.
4. Take Care Of The Little Things
There is a saying that little drops make an ocean. This proverb applies here as well. While providing monthly recognition rewards is important. The little thank yous and welcomes do not hurt. At a workplace where the work culture is great, these things are maintained on a daily basis.
5. Consider The Bigger Picture
When you implement proper employee recognition programs, it makes your employees feel like they are at home. It makes them realize that they are being valued by the company. This comes in handy when the organization needs to grow.
There you have it; now you know the effective steps towards creating a culture of recognition. I hope you have found this article informative. Employee Recognition is the right of every hardworking employee.