In addition to motivating performance, employee reward and recognition programs can help improve job satisfaction by fostering positive relationships among coworkers.
In addition to motivating performance, employee reward and recognition programs can help improve job satisfaction by fostering positive relationships among coworkers. In a TINYpulse survey, workers indicated that their happiness depended more on their colleagues than their managers. Employees also indicated that they appreciated teamwork and collaboration.
Peer-to-peer recognition can solidify relationships between coworkers and foster cooperation. Forbes magazine commented that regular recognition from peers (in addition to supervisors) is increasingly important as workplaces become less centralized. Modern reward and recognition programs can help encourage this form of communication by providing an easy way for employees to express their appreciation for colleagues’ work, the source added.
These efforts contribute to a positive company culture that rewards innovation and inspires performance. When employees are happier with their jobs, they tend to be more invested in their projects and committed to the organization’s success. Positive work relationships can also drive team performance and help employees to feel more comfortable sharing their ideas and talents. According to Forbes, a Dale Carnegie Training survey revealed that only 25 percent of employees are fully engaged. Encouraging greater collaboration and peer recognition could help improve these figures.