Recognition

Recognition is one of the most important factors in driving workplace engagement, productivity, and employee retention. When recognition is done timely, and specific to the individual, it can have a positive impact on one’s sense of value, drive, and communication with other co-workers.

Employee recognition is the timely, informal, or formal acknowledgment of a person’s or team’s behavior, effort, or business result that supports the organization’s goals and values, and which has clearly been beyond normal expectations.

Here are a few other benefits of employee recognition:

• Increased productivity and engagement
• Decreased employee turnover
• Greater employee satisfaction and enjoyment of work
• Improved team culture
• Higher loyalty and satisfaction scores from customers
• Increased retention of quality employees
• Decreased stress and absenteeism