Tie employee appreciation to Motivators.
It's all about money, right? Wrong.
Over the years, studies have shown that what is more important to employees than anything else — even money — is appreciation. When an employee leaves an organization, lack of recognition is usually in the top three reasons.
In recent years, organizations have adopted employee recognition systems to try and make things easier and allow employees to recognize each other. While this has made it easier to “spiff” each other, what is meaningful to one employee may not matter to another. Sure, we all love gift cards, but it’s time to get a little more strategic.
Of managers say they are above average at recognizing great work.
Of employees agree.
Recognition done right.
Employee recognition comes in many shapes and sizes. Unfortunately, too many leaders recognize employees all the same way because it’s easy and they think it’s far. And while their intentions might be sincere, employee recognition can often miss the mark.
For example, Walmart, the largest retailer in the world, once expanded an employee appreciation program by allowing its employees to purchase one item during the holidays for an extra 10% off. Workers were not impressed.
To learn more about how FindMojo can help improve employee recognition at your company, talk to us today.