Show appreciation and recognise employees on social mediaĪn employee benefits platform can be a great place to reward and recognise employees.Give a donation to a charity of their choice.Show recognition for them at the start of a staff meeting.Give them a longer lunch break or let the person leave early one day.Write about the person in a company-wide email.Here are 10 low cost employee recognition ideas that you may not have thought of:
Putting a little bit more thought into how you reward employees can make a big difference. The best employee recognition programs go that little bit further. Some can be as simple as just saying “thank you” more often or introducing employee of the month. There are loads of simple ways you can reward and recognise employees. They’re also typically used to improve performance through reinforcement of positive behaviour. However, typically you’ll find that they’re put in place to increase loyalty and retention. The purpose of these types of programs differ depending on the business. The purpose of rewards and recognition programs The importance of recognition is clear when you consider that not recognising employees could have the reverse effect.įrom a HR point of view, the last thing any company wants is high staff turnover and unmotivated, unproductive employees. However, the research suggests that recognition and rewards are linked to increased productivity, lower staff turnover and higher levels of motivation.
However, it takes many forms, so the definition can vary depending on how you recognise employees.įor many CEO’s and business leaders, employee recognition is at the back of their mind, behind all kinds of other important business issues. PLATFORM: See how our market-leading, low-cost reward and recognition platform worksĮmployee recognition is the acknowledgement of a person or a group’s efforts or achievements that have contributed to the company’s goals and values.
GUIDE: The complete guide to reward and recognition.Getting it right is crucial, so we’ve put together this handy employee recognition guide. If you have an effective reward and recognition system in place, the majority of employees will be happier being a part of your team. One of the stand-out benefits is the creation of a positive atmosphere. Employees who experience regular recognition for their efforts are also more likely to be more satisfied in their role, helping to increase retention and loyalty. It has a ton of benefits and can be an incredibly powerful thing for your company and for your employees.Įmployee recognition helps reinforce positive behaviour and action. Employee recognition isn’t just about being nice to employees.