Why Employee Appreciation Matters

Employee Appreciation (3)

Do your employees feel recognized?

Think carefully, because a lack of recognition just happens to be the number one reason why employees decide to quit. Employee recognition drives employee engagement, and with higher employee engagement comes lower turnover rates and stronger business results.

A variety of creative approaches can keep team members engaged, motivated, and content.

One survey found that 87% of company recognition programs emphasize tenure. Over 91% of HR professionals believe that recognition and reward make employees more likely to stay in a company.

An employee who has been recognized is 63% more likely to stay at his or her current job within the next three to six months.

Business productivity increases by 31% when employees are happy.

According to research conducted by Deloitte, recognition improves employee engagement, resulting in an improvement of job performance and achieving business value. Recognition increases employee engagement, productivity, and performance.

Let’s take a closer look at employee recognition prizes:

  1. Bonuses
  2. Written Praise
  3. Verbal Praise
  4. Work Anniversaries
  5. Public Recognition
  6. Employee Awards

The success of your employee recognition program depends on the tools you use. Prizes are only as good as the way you implement them.

For an efficient employee recognition program to succeed, a positive company culture of appreciation for top performers should be adopted. For the future, this can serve as a basis for solid employee engagement, continuous development, and retention.

Partner with a recruitment agency that you can trust. Our team at Professional Sourcing has a strong reputation for recruitment expertise within our specialisation areas. We build long-term relationships with our loyal clients and blue-chip employers.

Visit prosourcing.co.za for more information.

Leave us a comment