The greatest impact that our society has experienced in recent years has undoubtedly been the growth of technology all throughout the economy. A myriad of changes have occurred due to the growth of tech throughout companies, and one of the most important transformations has been how it has impacted office culture. Offices have become increasingly different than in years past, as employees have become a greater bedrock of success for businesses, and C-suite executives have taken notice. This has brought about a variety of alterations within company culture, and one of the greatest changes has been the implementation of employee recognition programs. Employee recognition has become increasingly more prevalent throughout corporations, as higher ups understand that they need to treat their employees not only with respect, but with recognition towards their achievements. There are a multitude of ways that recognition programs aid in improving employee lives, and some of the benefits that this brings about is an increase in employee morale, decreased employee turnover, enhanced productivity, as well as numerous other changes. Learning about employee recognition for your enterprise will be of the utmost importance when investing in your firm.
Understanding How Recognition Works within Your Departments
The most important way to ensure that your business has the ability to effectively implement employee recognition is to consider the 5 Ws of productivity. These 5 Ws are made up of Who, What, When, Where, and Why, and when they all work together within your recognition program, you will be able to more effectively operate. It is normal not to understand how these 5 elements will work together to help to boost your productivity, which is why you need to learn how to effectively utilize them to your and your employees’ advantage.
Gaining the Benefits of Employee Recognition
When you first recognize how important it is to utilize employee recognition, you need to begin with the Who facet. This should allow you to consider all the different employees you will want to give recognition to. You should truly be recognizing all employee achievements, although some will need more recognition than others depending on their personalities. The second step is to think about the What facet; this is centered around the types of recognition you will be giving out, ranging from positive affirmations, to compliments, to acknowledgement of a milestone achievement. The next step is to think about the When facet – this will include considering at what time to provide your employees with recognition. The best advice is to either do it at surprise junctures or shortly after a goal is completed. The Where facet should focus on data analytics and understanding how to use information to treat your employees. Finally, the Why aspect should have you considering the reason you are utilizing this type of program. The reasons include decreased turnover, increased company loyalty, improved company mission, and a better overall work environment.
Final Thoughts
It is imperative to consider employee recognition throughout your company if you want to attain major success. Learning how you can implement this program and direct your staff with recognition will be essential for growth.
