What would it be like if...
Every employee in your company is so engaged that they feel like they are an owner of the business? Every day they look for ways to: 1) maximize margins, 2) streamline processes, 3) improve performance, 4) grow the business, and 5) actively participate in creating a positive culture. Sound great?
What can recognition do for your business?
“Catch people doing something right” is a timeless leadership tip coined by Ken Blanchard, management expert and author. It still holds true today. It’s not the Employee of the Month Award that makes people want to stay or become more actively engaged. It’s working in an environment where people feel valued for their daily contributions.
Boost Productivity & Profitability
"Treat your employees well, and the profits will follow," touted China Gorman, Great Place to Work Institute. Research shows that effective recognition practices consistently correlate with higher levels of engagement, retention, productivity and profitability. Fortune's 100 Best Places to Work embrace recognition as a critical component of their business models and they enjoy:
- More actively engaged employees
- 50% increased employee retention
- Higher customer satisfaction scores
- Higher levels of employee productivity; and they are
- 30 to 40% more profitable than S&P 500 companies.
Recognition Works' philosophy is less about employee of the month or formal programs and more about cultivating an “Employee of the Moment” mindset. It starts at the top with leaders, but it requires everyone taking responsibility for their own morale and noticing “out loud” when someone does something good. It's about showing meaningful appreciation to employees who demonstrate positive behaviors aligned with your company's core values.
It's more than just the stuff
Trends show companies taking a more holistic approach to employee rewards. The focus is moving away from quantitative rewards and toward qualitative, non-monetary rewards to create a positive work culture. This includes quality of leadership, life balance, and strong cultures of appreciation and engagement. These are the intangible things you experience when you work in a Best Place to Work. When these are absent, they result in disengaged employees, low morale and higher turnover.
"Replace the word “recognition” with “appreciation”
and your opportunities to make someone’s day
Theresa Chambers, Recognition Works
Consulting & Strategy Design
Recognition Works offers workplace culture, employee engagement and recognition strategy design services that are customized for your organization's unique culture, values and goals.
Recognize the Moment® Workshops
Recognition Works provides Recognize the Moment® Workshops and keynotes for leaders, recognition committees, and associations that are customized for companies of all sizes and every industry.
Toolkits: Get your THANK ON™!
Recognize the Moment® Toolkits provide ideas, tools and inspiration to build a culture of appreciation and engagement -- includes Thankology®, the art of noticing "out loud!