Employers know who to thank for every five or 10 years that they remain in business. They are the loyal employees – those who’ve stayed.
Tenure recognition is so common that 87 percent of employee appreciation focus on such. If organizations want to boost their productivity level, though, they have to say thank you more frequently.
Deloitte’s current research suggests that programs that encourage frequent recognition can boost productivity. For instance, sharing recognition stories on online newsletter may “create employee engagement and learning.”
An element of surprise can also bring out exceptional skills. It’s worth saying thank you to an employee who showed a problem-solving skill on a particular event, isn’t it? When companies do, whether in the form of offering lapel pins from Employee Recognition Lapel Pins or giving away food baskets, they make doing the right thing part of company culture.
Companies can tie recognitions with its values and goals – from customer service to innovation awards. Employees get appreciated for diligence and consistency. Employers also get to reinstate their mission and vision with such recognitions.
The research also invites employers to encourage peer-to-peer recognition. Peers work together daily and see who deserves recognition. It adds a personal touch to the gesture, unlike with top-down awards which may appear political. The latter is especially true if it is the only program available.
These strategies of turning thank you into results share three common characteristics: One, awards favor frequent, small instances. Two, it reaches everyone and not only a select few. Three, it is employee designed.
Social media tools make it easy to say thank you more frequently. It makes re-sharing easier too. Giving “all employees a budget for points that they can give to others” make top performers visible to the entire team as well. It’s only a matter of utilizing modern media and non-traditional ways of employee recognition.
Feedback and goal setting are also key strategies for driving organizational performance. And so are traditional gestures like tenure-recognition. Take the time to say thank you, and do it openly.