A driven team member can start out with the intention of putting their best foot forward and becoming an invaluable part of a business, but we all know how things can change.
Motivation accounts for 40% of the productivity of the workplace, yet managers and CEOs alike have difficulty encouraging employees to feel more motivated and grow beyond their starting points.
When employees are less productive, business results suffer. When business results suffer, so too does the workplace environment. If you’re relating already, you may know this feeling all too well.
There’s a direct relationship between motivation and employee recognition programs. In fact, studies show 81% of employees work harder when they feel appreciated. Yet, most companies don’t have a solid recognition system in place, meaning most bosses and managers lack the ability to show real appreciation for their employees.
Studies show 81% of employees work harder when they feel appreciated
It isn’t just surveys and studies, CEOs of some of the largest companies in the world have taken notice, including David Novak, CEO, of Yum! Brands who said, “How can the workforce be disengaged? It’s because there is a tremendous lack of recognition in the world today, or what I call the global recognition deficit, and there are statistics to prove it.”
The moment you begin recognizing employee recognition and appreciation as a strategy and asset rather than an expense, it becomes instantly easier and affordable to incorporate into your business plan. However, simply implementing something isn’t necessarily better than nothing. That something needs to be built with recognizing your employees in mind to have the most direct and significant positive impact on your business.
With that all in mind, we offer a few factors and techniques to utilize as you endeavor to solve your motivation and recognition deficit issue through employee recognition programs and appreciation:
Last but not least: Make use of technology. The world of Employee Recognition Programs has grown exponentially over the last decade and become an essential tool for fostering a Culture of Recognition and Appreciation. These technology platforms are cost-effective, use AI to keep track of records, and provide endless reward options for staff to choose from when they achieve their work-related milestones
Take the lead on creating a culture of appreciation–regardless of whether or not it’s supported by those around you.
So, to learn more about how you can reignite over 80% of your employees’ passion for their work and your company, reach out for a conversation today!
WorkProud is committed to helping its clients create a unified approach to the employee experience by helping them build cultures of workplace pride. Trusted by millions of users at some of the world’s most recognized employer brands, WorkProud delivers a comprehensive approach to building company cultures that inspire people to be Proud of their Work and Proud of their Company.
Every month, we share news, knowledge, and insight into what we believe is a pretty simple proposition: If you are “proud of your work and proud of your company,” you are more engaged, more productive, and more likely to stay with your company for the long haul.