Recognizing and Rewarding Staff: 3 Tips

A recent article on the iMedia Connection website explains how and why modern businesses should acknowledge the achievements made by their teams.

In today’s face paced business world, taking the time to recognize and reward employees for their hard work can significantly impact their engagement levels- and, as a result, how much effort they are likely to put into their next big task or project.

Numerous studies have found that having a clear recognition program not only boosts the morale and job satisfaction of those already working for you, but it can help attract new talent too.

Although this has been proven in many studies some leaders are still unaware of the benefits of recognizing and rewarding staff for their accomplishments. Also common is that leaders are having difficulty monitoring which member of staff has done what. This is becoming increasingly challenging as workforces are becoming more dispersed and remote.

By finding solutions that help leaders and managers track and reward these accomplishments, an organization can enjoy improved morale, increased productivity and higher retainment figures.

Here are some solutions:

Software that Offers Macro- and Micro- Visibility
Intelligent work and project management systems can provide a more detailed perspective on workloads, by capturing data such as completion timeframes and collaborative input. Managers and leaders can assess whether projects were completed on time and on budget, and who the top performers of each project were.

Social Elements
Adding a social intranet or using other work management tools with social style collaborative features can help employees share ideas and praise each other on completed projects. With these tools all this information is available for company-wide viewing, allowing others to recognize the group’s effort.

Streamline Process
One of the easiest ways to improve employee engagement and productivity is by making systems and process more streamlines, reducing any frictions or frustrations that may emerge. By making it easier to teams to do their work effectively, you will be encouraging them to stay with your company.

 

Read the full article here.

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