Showing employees they’re appreciated helps you to keep your best ones around. Why is this? In general, employees will have greater job satisfaction and be more engaged in doing work beneficial for the business. To show employees they’re appreciated, try any or all of the following methods!
Create an Incentive Bonus System
Incentive bonus systems are a good tool to help boost engagement, increase motivation of your employees, and can help your employees feel appreciated. These systems can also increase productivity which can drive results. Your incentive bonus system needs to be something your employees would want. The system needs to be sustainable within the context of the business. Create your system by setting goals for your employees. Ensure that you have programs that reward employees who meet metrics, not solely top performers. You need to also make sure that rewards are frequent to help employees stay engaged. To ensure your incentive rewards reach all employees, offer various options.
Recognize Their Accomplishments
Employee recognition is important to having loyal and engaged employees. Employee recognition meets a basic employee need to know that their work is appreciated. Appreciated employees will have a higher job satisfaction, which also means that they are more likely to do their best work. Your recognition needs to be specific, which means you are calling out behaviors that are tied to different accomplishments and objectives of the business. Your appreciation must also be timely. Recognition will be much more effective when given directly after the desired behavior. Recognition is also very effective when given by managers or even upper-level management.
Welcome Feedback
Employees who feel heard will feel appreciated. Some employees may not comfortable freely giving feedback, so you can send out a monthly or quarterly survey to them to help gain insights. This survey is best done anonymously to ensure that your employees can give open and honest answers to how they feel in your workplace. Don’t let feedback be wasted and actively work to implement the feedback, when reasonable. This will give your employees a greater sense of appreciation and motivation as they feel they are actively participating in the business success.
Your employees are the most important part of your business. Without them your business wouldn’t run. Showing them that they’re appreciated is the most important thing you can do to have a successful business and engaged and satisfied employees.
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