9 Reasons Why You Need Better Employee Recognition Now

9 Reasons Why You Need Better

Employee Recognition

1. Increased Workplace Happiness

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Recognition helps make us happy, and happy employees are often more productive, possess increased resilience to stress, and are more engaged.



2. Increased Engagement



In workplaces where opportunity and well-being were a valued part of the company culture, strong manager performance in recognizing employee performance has been shown to increase engagement by nearly 60%.



3. Better Company Culture



Sufficient recognition is yet another ingredient that helps to create a positive company

culture.




A great company culture makes recruiting qualified talent much easier, as company culture is an

important factor in the job selection process—especially

among millennials.


4. Reduced Turnover




Since we went through all that trouble to attract good talent, it makes sense to retain them too.

Employees who are recognized are more engaged by default, and engaged employees tend to stick around much longer.



the number one reason why employees leave their jobs is due to not feeling appreciated

According to research compiled by Gallup:


5. It’s Good PR




It’s no secret that companies like Wegmans Food Markets and Google repeatedly make the Forbes America’s Best Employers list.



Recognize your employees and your company will be recognized as well!

On the flip side, a few negative Glass Door reviews could give your company the kind of publicity that you don’t want.


6. Better Customer Service



Satisfied employees means satisfied customers.

Rumor has it that Wegmans, has an internal motto, “Employees first. Customers second.”

This might sound backwards, but if you’ve ever shopped at Wegmans you know this is good policy.


Wegmans



7. Recognition does not need to come from leadership alone


More than 40% of companies that use peer-to-peer recognition have observed measurable increases in customer satisfaction.



8. More Customers



Consumers return to the places that provide them with excellent shopping experiences, both online and offline.

Just one or two interactions with a grumpy employee may be enough to scare them away forever.



Good leadership and adequate employee recognition will positively impact the customer experience in multiple areas and provide fertile ground for new customers.



9. Increased Bottom Line



At the end of the day employee recognition is not just another task or expense,

it’s an investment.



Recognized, engaged employees create better customer experiences, which naturally leads to more customers.

A larger customer base combined with increased employee performance and productivity increases your bottom line.




For the sake of your organization, don’t let another

day go by without appreciating and recognizing your talent.


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Leadership & Management

9 Reasons Why You Need Better Employee Recognition Now