Categories: Human Capital Management | by admin

Satisfied employees are the most valuable asset to any organization, and finding ways to reward and recognize their contributions is not only motivating but has powerful connections to behavioral science. Employees want to be treated fairly, do meaningful work, have advancement opportunities, and be valued and appreciated by their managers and coworkers. When an employee puts additional individual effort towards boosting the entire team’s performance, that contribution warrants recognition. Showing this appreciation will encourage them to continue going above and beyond, plus creates an environment of high morale and heightened performance.

So how you can motivate employees to help elevate your company to new heights in new and unique ways that will excite your staff? Here are a few ideas.

Effective low-cost recognition ideas.

  • Personalized thank-you card. While this may not be the grandest of gestures, it’s a meaningful one. Taking the time to share your handwritten thoughts on an employee’s contribution can be a powerful way of making them feel appreciated.
  • Recognition board. Introduce a recognition board around the office so that managers can feature an employee’s efforts. Amplify this idea by asking other employees of all levels to contribute to the board, sharing what they value most about the featured employee. Keep it anonymous so there’s no pressure for anyone to participate.
  • Informal celebration. Take it to the breakroom! Energize your team with coffees, cookies, ice cream, or whatever sweets your employees like around a table while you compliment and emphasize the specific work team members have done to help team performance.

Impactful higher-cost recognition ideas.

  • Gift certificates. Take some time to find out which restaurant the employee you’d like to recognize loves to frequent, or get them a gift card to a new local place or coffee shop. No matter where, this will likely be an unexpected act of kindness.
  • Cash bonuses. Cash is king, and while benefits are a great perk, employees place a higher priority on monetary bonuses. Reward employees for their efforts by giving them what they really want!
  • Time off. Paid time off is a great way to reward overworked employees with the time they need to reset, refresh, and come back strong.

Implement social rewards

Regardless of which recognition idea you find most suitable for your company and budget, it’s important to facilitate group interaction and team dynamics. While it’s ever-important to reward individual contribution, be mindful of encouraging your team as a whole.

Making social connections is an innate human need that has a direct impact on our physical and mental wellbeing. Employees have to interact with each other every single work week, so setting their relationships up for success can be an effective way to build team bonds, create a shared corporate identity, and boost productivity. Ensure that during training you not only introduce new teammates but work to integrate them into group dynamics. Work to make sure that core values can be easily recreated and are powerful enough to resonate with employees.

Establishing a recognition program that links positive employee behaviors with your organization’s mission will help reinforce the idea that you truly value your organization, its employees, and their commitment to the organization. Whether the gesture is small or large, monetary or social; just being mindful that an employee deserves some recognition is a good sign that you take notice of employees who exceed expectations. If you’re looking for more information or guidance on how to implement an effective recognition program, reach out to our experts today.