Blogs
19/7/2023
Performance Improvement

How much value do your employees place on recognition? 

Recognition is an essential aspect of employee satisfaction and engagement in the workplace. As evidenced by a recent survey and supported by Harvard Business Review, lack of appreciation and recognition ranked high among the top things employees dislike about their employers.

The communication issues that prevent effective leadership

These responses are perhaps not unfamiliar to most HR managers and probably almost entirely predictable. However, even if that is the case, it’s not something that can or should be brushed aside. Let's delve deeper into the value employees place on recognition and its impact on their engagement and sense of value within the organisation.

1. Importance of Recognition: Employees value recognition because it acknowledges their efforts, accomplishments, and contributions to the company's success. It fosters a positive work environment and reinforces desired behaviours and performance.

2. Frequency of Recognition: The survey data suggests that the frequency of recognition plays a crucial role in how valued employees feel. Daily or regular recognition has a significantly higher impact on employee morale compared to yearly or infrequent recognition. In simple terms, the research suggests employees believe that their employers don’t communicate to them enough.

Read how we use technology to help brands communicate with employees.

3. Employee Engagement: Regular recognition can lead to higher levels of employee engagement. When employees feel appreciated and valued, they are more likely to be motivated, committed to their work, and willing to go the extra mile for the organisation.

4. Retention and Loyalty: A lack of recognition can contribute to employee dissatisfaction and turnover. When employees feel undervalued, they may seek opportunities elsewhere. On the other hand, recognising and appreciating employees can increase their loyalty and commitment to the organisation. Its about communicating the right message at the right time and ensuring it’s been heard and understood by employees.

5. Impact on Organisational Culture: Recognition is a key driver in shaping the organisational culture. A culture that prioritises appreciation and recognition tends to be more positive, supportive, and collaborative. In a global workplace, technology can be key to delivering and managing ongoing employee recognition effectively.

6. Relationship with Managers: The level of recognition employees receive often reflects the quality of their relationship with their managers. Managers who proactively recognise and appreciate their team members build stronger connections and trust with their employees. Most of the leaders whose employees responded to the above types of surveys, would be able to cite many examples of ways they communicate to their employees, the question is if the employee heard it, understood it or if it was of value to them.  

Read how we assess and measure employee communications in action.

7. Different Forms of Recognition: Recognition doesn't always have to be monetary; it can take various forms, such as verbal praise, public acknowledgment, awards, or opportunities for advancement and development. Tailoring recognition to individual preferences can enhance its impact.

8. Fairness and Transparency: It's crucial for recognition to be fair and transparent to avoid perceptions of favouritism. Consistent and objective recognition reinforces a sense of equity and trust within the organisation.

9. Effect on Well-being: Feeling appreciated positively affects employees' emotional well-being. It reduces stress, burnout, and feelings of underappreciation, leading to a healthier and more motivated workforce.

10. Measuring Recognition Impact: Modern technology allows organisations to implement  recognition programmes and monitor their effectiveness. By gathering feedback and analysing data, companies can fine-tune their recognition strategies to better meet employees' needs.

In conclusion, recognition holds significant value for employees and has a profound impact on their engagement, motivation, and overall job satisfaction. Organisations that prioritise frequent and meaningful recognition create a positive work culture and are more likely to retain their top talent.  

Understanding the importance of recognition and leveraging technology to implement effective recognition programmes can lead to a more engaged and productive workforce.  

Neon Agency are employee engagement experts and combine our experience with cost-effective software to create effective employee engagement and recognition programmes.  

Contact us to find out more.