A simple “thank you” goes a long way – especially when it comes to the workplace environment. In fact, workplace recognition is one of the biggest ways to keep company morale and productivity high, while reducing the likelihood of burnout and turnover. In this article, we will look at some of the biggest benefits that your company can expect from something as simple as showing gratitude.
Establishes a Sense of Ownership and Commitment
When you make an effort to show your employees that you appreciate the time and effort they put into their work, they are likely to feel an even greater sense of responsibility and pride. This shows your employees that you are invested and care about their careers. The result? Employees will try harder and increase their productivity and quality of work.
Decreases Likelihood of Burnout
When employees feel like their work matters and that their managers are involved, they are more likely to feel challenged, fulfilled, and satisfied by their work. This means that their attention will remain at the office, and that they will be less likely to start looking around for new opportunities. Burnout and turnover rates are more likely to be seen when employees feel like they are not learning anything and do not have the opportunity to advance within their current position.
Improves Workplace Culture and Reputation
A sense of gratitude can have a huge impact on things like workplace culture. When employees feel appreciated and supported, they are more likely to share these same feelings with their colleagues. This ultimately strengthens employee and employee-manager relationships and facilitates open and respectful conversations. When employees do move on to new positions, they will look back upon their time with the company fondly, as opposed to bad-talking the company’s culture or leadership. This helps strengthen the company’s reputation and can help ensure that both applicants and clients have a good impression.
There Are Lots of Ways to Show Gratitude
The best part of all of this? It does not have to cost the company much or anything. You can show your employees gratitude with a shout out at the next all-staff meeting or one-on-one, you can also include a monetary incentive, or something different to show your appreciation. Regardless, employee recognition can go a long way. It is also self-perpetuating. The more likely you are to show your employees support and appreciation, the more likely your staff is to show loyalty for the company.