Want to improve retention? Recognize Your Employees.
Employees Feeling More Satisfied. Really?
Smartbiztrends.com reported recently that U.S. workers were feeling more satisfied than earlier in the year with their jobs. Can this really be the case? In most media reports the normal commentary is that many workers feel trapped in their jobs. This is because most don’t believe that they can leave their current positions for fear of not finding similar employment elsewhere.
On-the-Job Recognition Goes A Long Way
Recognition plays a big part in how an employee feels toward their employer and job satisfaction. In a survey done by Globoforce Workforce Mood Tracker, half of the employees report that they have been recognized for their on-the-job efforts, up from 44% a year ago at this time.
How an employee feels about their job situation can be impacted significantly by the level of recognition they receive. Smartbiztrends.com reported “only 23% of employees who have been recognized at work say they plan to search for new employment when the economy improves, compared with 51% of those who have never been recognized. Most (76%) of those who have been recognized by their employers love their jobs, compared with 37% of those who have not.”
Employee Recognition Can Be Simple
Showing appreciation for a job well done does not have to be hard, time-consuming, or overly expensive. Often just citing an individual’s effort in front of the rest of the team or organization can pay big dividends. Simple recognition items like gift cards, thank you notes, some extra cash in their pocket, or an extra vacation day are always well received.
Contact the Morales Group with any of your questions on how to build recognition into your employee retention activities.