Employee recognition is about acknowledging the work your staff do to achieve goals, improve efficiencies, boost profit and make the organisation an enjoyable and inspiring place to work at. Through rewarding staff, you will boost morale, improved productivity and maintain a positive company culture. Employee recognition is an important part of team management. When employees are happy and satisfied, they tend to be more loyal and committed to the company. Here are some tips from The Recruitment Alternative:
1. Personal Touch
It’s critical to be specific, personal and accurate. Use positive words, and demonstrate to the employee that you actually understand their accomplishments. It makes all the difference compared to a generalised statement or simple thank you.
2. Magnify Recognition
While verbal communication is an effective way to recognise employees, the best strategy is to back it up by publicising employee accomplishments across multiple forums such as company newsletters, networks and in team meetings.
3. Motivate With Financial Incentives
Although financial incentives aren’t always the best motivators, they can certainly demonstrate appreciation for work well-performed. The best financial incentives are more open-ended and unpredictable because they motivate people to work their best.
4. Express Interest In Employees Professional Development
Be proactive when it comes to your own learning and development. Research and keep up to date with the latest developments and qualifications within accounting and finance. You want to be able to remain competitive and current. As mentioned above networking can help you stay in the loop.
5. Staff Activity Days
Organising an out of office activity day or afternoon for your employees is a great way to prove you value them and the work they do. It could be a movie afternoon, lunch or dinner, family picnic etc. More than just a reward, activities like these usually succeed at improving employee-to-employee bonds and staff morale.
If you’re looking to add to your team, The Recruitment Alternative can help you find the right person. We look at the whole picture to ensure they are not only technically sound but a cultural fit too. As a generalist multi-award winning recruitment agency, we offer affordable fixed price recruitment solutions. If you would like to find out more about our services contact us today on 1300 548 546.