10 reasons why recognizing employees is a good idea

Everyone likes to be noticed. But employee recognition involves more than a simple shout-out in a team meeting or employee portal – and the benefits are long lasting and business building. Employee recognition helps motivate employees because it:

1. Proves your appreciation
   Recognizing employees for specific, identifiable actions proves you appreciate their skills and the company values them. If possible, do this early on in an employee’s tenure.
   
   
2. Highlights your corporate values
   Showing appreciation for employees exhibits your workplaces values, including respect, fairness, open communication, teamwork and more.
   
   
3. Sets performance standards
   Employee recognition is a positive way to communicate your high standards for work and your willingness to reward people with similar standards.
   
   
4. Builds an employee value proposition
   Employees stay when they know their work is valued by you and company leaders. They quit when managers fail to show employee appreciation.
   
   
5. Helps reach goals
   When you publicly reinforce behaviors you want, you motivate employees to help the team reach its goals.
   
   
6. Encourages collaboration
   Recognizing employee teams builds camaraderie and a spirit of cooperation, while also boosting the credibility of the team, as well as your management.
   
   
7. Creates sharable processes
   The best employee recognition practices can be shared across the organization, spreading the power of employee engagement with efficient branded processes.
   
   
8. Expands compensation realities
   Employee awards (like merchandise, travel or experiences) show personal appreciation as well as tangible gratitude. Though not technically compensation, these awards have real and memorable value.
   
   
9. Proves your commitment
   Making sure your employees know they are valued and appreciated shows you really care about their success and their future at the company.
   
   
10. Celebrates milestones
    Recognizing employee anniversaries is a great way to honor long-serving team members and it shows new employees the quality of commitment. (Pro tip: Think carefully about what “long-standing” means in your workforce. More and more, companies are recognizing employees sooner in their careers, like on their first or third anniversary.)