It is an innate part of the human nature to want to be appreciated. Everyone wants to know that their effort is both noticed and well received. It is a great source of satisfaction to have your work accredited, especially amidst your peers and your employers. It has been proven, that people prefer recognition over monetary rewards.
This is why many corporations choose to give their employees awards and trophies. The simple act of acknowledging one’s contribution to the greater product will have an immeasurable positive impact on their future endeavours. There are several reasons why corporations should publicly recognize the work of their employees:
Employees who feel that their efforts are being appreciated are more likely to be loyal to their company. This is because they are imbued with a sense of belonging. They feel as though they are a part of the corporation. By acknowledging their contribution, they are made to feel as though the role they play is important. This increases the amount of loyalty that employees have for their work and their employers. This, in turn, guarantees that the employees will do everything that they can to ensure the success of the company. This means they align themselves with the values of the company and embody these standards in their work.
Decrease in Turnover
Recognizing the work that your employees do makes them feel wanted. They do not feel like another cog in the machine. When their work is praised, they know that they are being counted. This feeling of being appreciated reduces the turnover experienced within corporations. This is why employees should have their strengths praised in a public forum. After all, why would they want to work at an establishment that takes their efforts for granted? When employers or superiors do not take notice of their worker’s achievements, it negatively impacts the morale of the employees. They begin to feel neglected by their bosses. People do not respond well to being ignored.
When employees are commended on a job well done, this makes them want to recreate that sensation of being praised. This leads to them working harder and working more efficiently. Monetary compensation does not invoke nearly this amount of hard work. People respond much better to symbols of recognition rather than money. This is especially true when it is done in front of their colleagues. It is also easier for people to take pride in their work when they are being celebrated for it. This creates a desire to want to be better, to receive similar types of accreditation. This is largely to due to the boost in self-esteem that they experience when they are being praised by their employers.
Better Work Environment
Corporations that make the time and effort to acknowledge their employees are actually fostering a healthy work environment. When employees are happy and satisfied with their work, they bolster the similar feelings within their colleagues. People are also more likely to want to come to work if they know that their contribution will be considered. The combination of increased loyalty and higher self-esteem makes for a happy setting for employees to work in.
We all yearn for witnesses to our accomplishments. It is part of what makes life worth living. The workplace is no exception to this rule. People work best when they know that they are being noticed and that their work is appreciated by those who matter.