Workplace Culture and Employee Retention
May 31, 2018
Non-monetary recognition: a free, significant but yet shunned lever
Saying thank you could be worth more than gold. For what ? According to a study on the level of employee engagement which was subsidized by Badgeville, an American company recognized in the field of “gamification”, of the 1,200 employees surveyed, 83% of respondents reported that recognition was more rewarding than gifts or rewards. What’s more, 88% of respondents admit that their boss’s praise is very or extremely motivating. Are you wondering how to give recognition to your employees? You are only limited by your imagination!
Integrate recognition into your usual interactions
- During team meetings, recognize employees for their contribution to projects: for their research work thorough, for their well-made presentations, for on-time delivery or for establishing excellent relationships with stakeholders
- Before you leave the office at the end of the day, take note of the individuals who made a difference that day. Send them a quick email to thank them, or even keep some little blank cards in which you can write a thank you note to the people in question and, subtly, leave them on their desks…
Offer special attention
- Change your routine and invite an employee for a walk, coffee or lunch
- Ask a VP, or maybe even your President, to come see your employee or call to say ”Thank you!” – don’t wait for exceptional opportunities, they are too rare!
Do you have any other ideas?
So much the better! Go for it! Create a culture of recognition and you can bet that you will not only increase the productivity of your team, but also employee engagement and their level of satisfaction. These positive effects will surely be felt and observed by your customers, thus doubling the benefits of your efforts. So use your creativity to personalize your recognition according to the traits of your employees. This is a winning recipe!
Need advice on how to implement a winning recipe in your team? We are here to inspire you!
To consult the other results of the cited study: ”New Employee Study Shows Recognition Matters More Than Money” by Victor Lipman: https://www.psychologytoday.com/blog/mind-the-manager /201306/new-employee-study-shows-recognition-matters-more-money
Caroline Thomson; CPHR, CPCC, ACC
Professional Coach
Trainer
Advice Centre
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