Why Employee Recognition and Awards are important
Recognition and awards are awarded by organizations to their employees for the outstanding work they do.
Depending on the organization, The awards are given to their best performers at the end of the month, or some also gives annual awards.
5 Benefits of the Award program
- Inspiration for others
When a employee gets an award, it motivates and inspires them and other team members to give their best at work. This makes an environment of healthy competition which results in helping their organization grow.
2. Sense of Gratification
As humans, we like it when we are praised for our efforts and hardships. In the same way, Awarding an employee makes them happier. The sense of gratification fills them with joy which translates into the zeal to do much better.
3. Boost Productivity
Awarding and Congratulating employees makes them feel appreciated for their work and hence they want to do even more work to earn more approval.
4. Helps Avoid Burnout
It’s easy for employees to feel burnout while working. Employee recognition works wonders to help prevent burnout and increase productivity and engagement.
5. Retaining Top Talent
“Employees don’t leave the company, they leave their bosses.”
One of the prime reasons for employees leaving their organization is the lack of a culture of appreciation. Appreciating your employees frequently, even for their small achievements, gives them a reason to stay connected to their organization. Thus helping employers retain their best talents and build a better work culture within the organization.
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