Organisations who recruit and retain the best people have ways to recognise performance. They develop an honest and thoughtful employee recognition culture.
A culture that motivates and rewards people in a way that extends far beyond simply material incentives.
A culture which makes them belong and so feel safe!
According to Gallup, 65% of surveyed employees reported that they received no recognition over the last 12 months for their work. In the same report, 89% of employers feel that most employees leave their companies to earn more money. But, most workers who leave their jobs cite lack of employee recognition as a major concern.
Best Practice For Employee Recognition Culture
Some of the best practices for recognising employees include:
- Establishing solid criteria for work performance
- Recognising people from all areas of operations and all levels
- Fostering a recognition culture where informal feedback is frequently offered
- Aligning performance benchmarks with the company’s goals, mission, vision and values
- Providing opportunities for advanced training and career development as part of staff recognition
The following specific recognition culture initiatives are effective ways to recognise and reward your employees:
1. Make it personal, instant, include peers and your boss!
It’s critical to be specific, personal and accurate. Use positive words, and demonstrate to the person that you actually understand their accomplishments.
2. Provide opportunities
Some people don’t get the chance to excel because of the nature of their jobs or reduced expectations for certain types of work. Anybody who does their job well should be afforded opportunities for interesting, expanded responsibilities and training for job advancement.
3. Magnify recognition
While verbal communication is clearly the most effective way to recognise employees, the best strategy is to back it up by publicising accomplishments across multiple forums such as company newsletters, dashboards and in team meetings.
4. Offer beyond-the-call-of-duty perks
People who consistently perform at the highest levels should earn discretionary privileges.
5. Motivate with financial incentives
Although financial incentives aren’t always the best motivators, they certainly demonstrate appreciation for work well-performed. The best financial incentives are spontaneous because they motivate people to work their best at all times.
6. Give holiday rewards and bonuses
Award holiday bonuses include offering a cash or gift package to reward people for outstanding performance
7. Facilitate peer-to-peer recognition
Include recognition from peers.
8. Recognise people’s passions
People love to be recognised for their outside activities, hobbies and passions because it helps people belong not simply for their work, but also for their life out of work. Recognising peoples passions can also work as rewards in their own right.
9. Use technology and social media to publicise accomplishments
In today’s environment of instant communications, it is important to publicise important accomplishments and even human interest items in the company’s social media forums.
Recognition and positive motivation are powerful tools for encouraging people to give you their best
The tips outlined above are simply starting points on ways to recognise performance. Depending on your business and industry, I can work with you to create an HR strategy that attracts, retains, and develops talented people that enhance your organisation. Contact me today.