Benefits of Employee Recognition Programs
It is very important for employers to pay close attention to the performance of each of their employees in order to maintain a healthy and competitive environment in the office. Everyone likes to be appreciated; be it by their parents for achievements in life, or by their partners regarding how good they look on a particular night out, and definitely by their boss who tells them how efficient they are in their work.
What is the Employer Recognition Program?
We all know how easily our positions in the different spheres of our life can be replaced by someone else. The situation is no different in our professional lives. New employees are hired at regular intervals in various areas of the office. Therefore, existing ones live in constant fear of being replaced or outshone by them. Even among contemporaries the insecurities exist. It is true that such insecurities can bring out the competitive side in many individuals, but most of the time they manifest negatively upon the attitudes of employees.
An Employer Recognition Program is a regular acknowledgement by the employer regarding the performance of his or her employees. The boss is the ultimate judge of one's performance in the office. Therefore, every employee waits with baited breath to know what his boss has said regarding the work done by him in the recent past. In fact, this program has a lot to do with promoting a healthy working atmosphere in the office.
Do companies lend enough importance to such a program?
The answer to that is a sad no. most companies are busy looking into the turn over ratio and the profit percentage of the business. They don't care to look into the performance of the individual employee and how hard some of them work to show these numbers.
A profit motive is not what is being criticized here. What is necessary is the acknowledgement of the efforts put in to make that happen. Most companies have senior professionals holding the important positions in the hierarchy. They don't think it is useful or necessary to indulge in an employee recognition program. After all employees are being paid to do what they do.
How a recognition program works
The best part of organizing an Employees Recognition Program is that it is low on cost and high on results. Although the investment in such a program is strictly dependant on the size of the business and the number of employees in the organization, it is easily manageable within any budget.
Every month there can be a vote based on the performance of the employees in various departments of the office and the employee with the highest number of votes gets chosen as the Employee of the Month. In order to signify this victory the boss may present the employee with awards or Cogz. The gift is only part of what matters; it is the acknowledgement by a senior that boosts the employee's morale and pushes him on to work harder.
Boost On Demand offers a wide variety of employee recognition ideas or tips on implementing an employee recognition program.
