Boost Employee Recognition Without Breaking the Bank

Boost Employee Recognition Without Breaking the Bank

by Mia Mends, CEO, Sodexo Benefits & Rewards Services
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#Sodexo Benefits & Rewards CEO Mia Mends provides some great insights on how to boost employee #recognition

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Thursday, July 9, 2015 - 11:15am

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According to a The Gallup Organization’s Twelve Elements of Great Managingpraise andrecognition are essential building blocks of great workplaces but unfortunately these are the same elements that consistently receive the lowest ratings from employees. Therefore, I guess it is not surprising that Gallup also found only 13% of employees worldwide feel truly engaged at work. Getting the best performance out of your employees means keeping them engaged. The bottom line is that when employees feel truly valued and appreciated, they are more productive, serve your customers better and are more likely to stay with the company. I often work with companies that want to achieve a higher level of employee engagement but think the costs associated with implementing an employee recognition program will be prohibitive. I always tell them the same thing – Employee recognition is not a cost or expense; it is an investment in the growth and development of your business.

The truth is employee recognition comes in many forms. Financial rewards or costly gifts are not the only approach when it comes to recognizing and praising employees. There are simple—and free or low-cost—ways to acknowledge employees that will go a long way to boost engagement and increase performance. Consider these three fun and simple ways to recognize your employees:

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