Employee recognition is key to motivating and retaining high performing staff members.
Employee recognition is key to motivating and retaining high performing staff members. While companies go about implementing such initiatives in different ways, there are a few methods for showing appreciation to workers.
One tactic businesses of all sizes can use is celebrating small achievements and anniversaries, Business 2 Community suggests. These can be used to recognize a job well done on an important project, the reaching of a goal or a milestone in someone's career with the firm.
Companies can also try using educational opportunities as incentives for better performance. These can include seminars and conferences on industry-related topics or trends as well as basic training.
"It's a win-win situation: employees feel more confident in their abilities, and work towards the betterment of the business," the news source explains. "There are … many workshops that can be given for the benefit of both the employee and the business."
Ultimately, recognizing employees for their hard work as well as their ambitions can help create positive relationships and a happier, more productive workforce.