The economy has resulted in companies needing to cut back as well as expect more from workers.
The economy has resulted in companies needing to cut back as well as expect more from workers. In order to maintain a high level of morale and not let long hours bog employees down, more firms are utilizing reward and recognition programs.
Communication is key to implementing successful incentive initiatives, Business Insider asserts. Staff members need to be able to feel they can approach senior personnel to discuss problems they're experiencing as well as personal successes.
Furthermore, this communication needs to be two-sided. Bosses must also be transparent and clear with workers in regards to organizational news and the reasons behind awarding certain individuals praise or rewards.
"When employee morale is high, productivity rises. When employee morale is low, it's hard to retain the best and brightest workers," Morgan Norman, founder and CEO of WorkSimple, told Business Insider. "The foundation of strong employee morale is communication – that means collaboration, feedback and recognition."
Open lines of communication will help staff members understand that they make a difference in company operations. Managers can do this by offering quick feedback and working with employees to find the best office arrangements, such as flexible hours or working from home, for them.