4 benefits of employee recognition

Sure, recognizing employees will make them feel good, but is that the only reason to praise your staff? If you need more reasons to recognize your employees, here are 4 more benefits to consider.

Recognition increases performance: An employee is more likely to work hard and be more invested in their work when they feel that their performance is appreciated. They’re also more likely to enjoy their jobs, and we all know a happy employee is a productive employee.

Recognition strengthens teams: By recognizing your employees, you’re providing a positive environment where your employees can gain confidence in themselves. When an employee has confidence, they become more engaged, and an engaged staff will be an innovative team that enjoys coming to work every day.

Recognition creates retention: You have a great team, you’ll want them to stick around. Employees want to be in a place where they feel valued. By showing your team their value, and recognizing their hard work, you’ll see turnover rates plummet and you’ll save lots of money on having to hire and train new staff.

Recognition improves reputation: Happy employees will have better relationships with your clients. Good relationships will lead to good reputations, and those good reputations will bring about more customers and give you an edge when it comes to competing for new talent.

 

John Pettit

John Pettit

John Pettit is the Managing Editor for CUInsight.com. John manages the content on the site, including current news, editorial, press releases, jobs and events. He keeps the credit union ... Web: www.cuinsight.com Details

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