Using Recognition to Maintain Employee Morale
November 30th, 2010A recent survey of about 200,000 employees shows that employee morale is the lowest it’s ever been. Employees report job satisfaction is minimal.
In order to help raise the level of worker morale and motivation, one important tool that some HR specialists advocate is using praise and recognition. The lack of motivation within a job and lack of engagement that lead employees to quit is a major expense for employers. Hiring a new employee to replace one who has left can cost a company as much as 250 percent of the person’s annual salary.
The survey reported that 65 percent of the workers had not received any recognition at all during the past year. Almost 80 percent said the major reason they left a company was because they felt their work was not appreciated.
At places where morale is high, almost all the employees said that the managers effectively use recognition of their employees.
Companies that use recognition of excellence in their organization usually are more profitable than those who barely use it all. Moreover, those companies that do a good job of recognizing excellence have a return on equity more than three times greater than those companies that do not recognize good performance.
There are many, many ways to recognize excellence. One way is to create high expectations for new employees by having a small ceremony on a new worker’s first day on the job. This can then be followed by an e-mail to employees giving some background about the new person and what he or she brings to the organization.
At the start of the day, put three coins in your pocket. Move one to the left pocket when you give some recognition to an employee for performance that has made a difference to your company’s goals, to your customers, or your employees.
Recognizing performance also means recognizing those who may not be the strongest performers at your company. You need to praise even the most incremental movement toward the goals you want to achieve.
Another way to recognize an employee is to personally deliver the paycheck, and before you hand it over, tell the employee what his or efforts mean to the company. It’s not the money that will inflate the employee’s pride, it is the praise.
You’ll be praising the work of C.R. Fletcher Associates, Inc. to the heavens when we’ve found the perfect employees for your Syracuse-area firm. Contact us today so that we may learn more about your staffing needs!
