Top 4 Times to Reward and Recognize Employees
Employee rewards programs play a key role in any organisation’s employee engagement efforts. It is an effective way to make people feel that their contributions are seen and valued. Furthermore, it spurs them on to keep up the good work and take initiative to perform even better.
On the contrary, the lack of employee recognition often leads to an increase in employee dissatisfaction, unproductivity, and even turnover.
With all of that said, it’s worth remembering that recognising your employees goes beyond boosting your business. It’s simply what you must do as a responsible firm, especially during these difficult times. Showing appreciation for every team member’s continued efforts despite these circumstances is a great way to keep everyone motivated.
On that note, here are some great opportunities where you can reward and recognise your employees:
1. On Their Birthdays
Making your employees feel special on their day is a great way to let them know you appreciate them. It makes them feel truly valued, not just for what they do but for who they are.
When celebrating your employees’ birthdays, however, it pays to be thoughtful. As much as possible, strive to understand everyone’s personalities and preferences. Think about the best way to celebrate their birthdays without making them uncomfortable. On top of that, you should also consider the health and safety measures we all need to follow as the pandemic continues.
2. During Their Work Anniversary
Having team members spend another year in their careers with your business is certainly worth celebrating and recognising. Just imagine it: during all those months, these people have built great relationships and made significant contributions to your company. All of these efforts must be acknowledged and honoured!
3. When They Hit Key Performance Metrics
As an organisation, everyone in the team must do their part to help move the needle towards one direction. They need to hit the number-based goals entrusted to them, no matter how challenging they can be, to contribute to the company’s growth.
It is for this reason that you should actively recognise those individuals who go above and beyond to hit their goals. Rewarding them for a job well done and appreciating the time, effort, and dedication they put into their work helps create a culture of gratitude in your team. It assures them that their hard work has not been in vain.
Ultimately, it inspires them to uphold their performance and gives them a boost to do even better.
4. During Quarterly Reviews
Quarterly reviews are meant to help employees become more productive and efficient in their roles. This is your opportunity to let them know how they have performed, what their strengths are so far, and what areas they need to work on further.
As these reviews can be quite nerve-racking for some, you want to strike a balance between giving positive feedback and constructive criticism. You can use rewards to reinforce the positive points amidst the various points for improvement. Showing your appreciation for the goals they hit will spur them on to improve their work.
As a business leader, you have to constantly find ways to ensure that your team members are engaged and satisfied with their roles. However, doing this amidst the COVID-19 pandemic can be quite tricky. Nevertheless, striving to recognise and reward your employees helps them become more productive and more engaged. It will go a long way in creating a positive environment that your employees will certainly appreciate.
The Appreci app is a robust employee recognition software that can help you build a culture of appreciation in your organisation. It enables you to acknowledge and reward everyone in your team, even for the smallest things. Get in touch today to learn how you can use it in your firm!