Introduction
Are you looking for ideas to launch an employee recognition program? Or, just looking to revamp the current ideas for better results? Either way, we have got your back.
Employee recognition is very important if you want your business to live a long life. Employee recognition helps the organization retail some of the best talents in the industry. Not only that, it boosts the overall performance of the company.
There are custom awards ceremonies held every month or year to recognize the organization's most influential employee. This makes the employees feel a need in the organization. This feeling helps the employees to give their best.
Why Is Employee Recognition Important?
Employee recognition is the only way to retain talented individuals in a highly competitive market. Companies work hard to find and hire the most competent talent to their organizations. The work is not completed after hiring. Once they are hired, it is not your responsibility to keep them happy and satisfied while working for your organization.
This is where employee recognition programs come into the frame. These programs are necessary for retaining top individuals.
- Remember that one of the top reasons for the employees leaving the organization is that their presence is not appreciated.
- Most employees don't get recognition in their lifetime. In fact, in a recent report, 65% of employees haven't received any form of recognition last year.
- With employee recognition, you will find that you have improved employee retention by 50%.
Employee Recognition Ideas
Here is the list of employee recognition ideas that your employees will surely love.
1. Public Recognition
Public recognition is all about being appreciated in front of others. Here are the public recognition award ideas.
- Surprise Appreciation Celebration: Surprises always bring a smile to the face. Plan a surprise party to appreciate the top-performing employee.
- Shout Out On Social Media: Give a shout-out on the official social media handles and appreciate the work they have done for your organizations.
- Congratulatory Email: Send a company based email and congratulate them on achieving success.
2. Private Recognition
Private recognition usually is given to the executive individuals. Here the boss talks with the employees one on one and appreciates their effort. Here are few private recognition ideas.
- Handwritten Note: Start distributing handwritten sticky notes saying Thank You.
- Thank You Meeting: Simply call your employees and say Thank You. You do not have to discuss any other issues.
- Send Video: Videos are the new trend where you can record your Thank You Message and send the respective employee.
- Home Delivery: Send a box of chocolates and flowers to the employee doorsteps during weekends.
3. Promotions
Promotions are one of the best ways to show your appreciation towards hardworking employees. Here are a few ways in which you can recognize an employee with a promotion.
- New Job Title: Job titles are the best way to show how much you value your employees. Awarding your hardworking employee with a new job title and responsibilities might be a great way to appreciate them.
- Special Projects: If your employees perform well, place them in special projects from time to time to show that you trust them and have high expectations from them.
- Invitation To Executives Meetings: Make the employee a part of the executive meetings and let them be a part of your discussion. This will make them feel that their suggestions matter.
- Ambassador Opportunity: Offer opportunities to your employees to represent your company in any company events.
4. Monetary & Tangible Awards
Monetary awards are the best if you want to boost the morale and productivity of the employees. Here are some of the monetary award ideas that can help you.
- A Bonus: Perhaps, a Bonus is the most used employee recognition idea by the organizations. It allows meaningful praise for small bonuses.
- A Raise: You can show your appreciation and award the employees by raising the salary.
- Luxury Vacation: Book a luxury vacation for your employee to show your appreciation and award them for the things they have done for the organizations.
- Offer Educational Opportunities: Surprise your employees with certification courses, seminars, or training.
Conclusion
In today’s workplace, employee recognition is not just nice to have but has become a necessity. Employee recognition is a key to satisfaction, and this satisfaction helps you to retain talented individuals. It will directly boost your company's productivity.
If you want your employees to enjoy their work and be more productive, start appreciating them for their hard work.
