No one likes to feel like they’re nothing more than a cog in a wheel, with a mundane job that would easily replace them without a second thought. We all want to feel appreciated and valued in all areas of our lives, and there’s significant proof that this is particularly important in the workplace.
Letting your employees know that you value them as individual workers and the work they do is essential to keep office morale, productivity, and employee retention rates high, so this isn’t something that should be put on the back-burner or saved only for special occasions.
Instead, demonstrating apply appreciation should be a frequent occurrence, woven into the fabric of your company culture.
Not sure how exactly to do this in ways that feel authentic and that your employees will love? We’re going to look at 20 different ways you can show employee appreciation, but first let’s look at some data that explains exactly how important it is to do so.
Showing employee appreciation-- which can be as simple as a “hey, great job on that” or as complex as an internal awards system-- doesn’t just benefit your team; it benefits you, too.
Employee appreciation leads to a direct increase in employee satisfaction, which is immediately tied to lower churn rates. You’ll be able to attract the best people when they hear about your incredible company culture, and you’ll be able to keep them for much, much longer.
According to a study from GlassDoor, employers will retain half of their employees longer if they regularly show appreciation to them. The same study found that 81% of employees will be more motivated to work harder when their boss shows appreciation for their work, which is significantly higher than the 37% who say they’re motivated to work harder because they fear losing their job or 38% that work harder because their boss is demanding.
When employees feel valued and satisfied with their jobs, there’s also a direct link on improved productivity. Engaged employees are actually so much more productive that they lead to a 21% increase in profitability when compared to non-engaged workers.
Despite the fact that employee appreciation and recognition is so valuable, it’s not particularly common in many company cultures. Only one in three workers surveyed in a study from Gallup received recognition for work well done during the 7 days before the study. The same case study found that the most memorable (and often impactful) recognition came directly from the employee’s direct manager, showing that you don’t need to have complex systems in place. Since only 10% of people on average actually act on an impulse they may have to show someone appreciation, this is something to start focusing on with your management teams fast.
There are a vast array of ways that you can express to your team members that you’re grateful for the work that they do, letting them know that they’re valued. It will typically be best to incorporate as many different options into your company’s mix as possible, ensuring that everyone feels recognized on a regular basis.
Let’s take a look at some of the best ways to demonstrate employee appreciation.
It’s hard to say no to office perks, which can be occasional or frequency depending on what they are. Consider options like these:
Sometimes, all that people need to hear to know that they’re appreciated is “great job on that project.” Different variations of one-on-one feedback and appreciation are an excellent choice, so consider these options:
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Employee appreciation efforts are going to be most impactful when they’re integrated into your company culture. Embrace this fully, offering opportunities for career advancement or employee services like the ones listed below.
At the end of a busy period or during a slower season, take some time to do something fun for your team. This counts as going above and beyond in a way that your team may recognize.
It’s time to put your money where your mouth is… literally. Employees are unsurprisingly heavily motivated by financial rewards, so factor that into the budget, and remember that well-paid employees stay longer, reducing the costs associated with high churn.
Employee appreciation can be easy to show, and even small changes in your company culture to focus on recognizing your workers can increase productivity significantly. You’ll also keep your better people longer, making your business more successful, and can cut down on the amount of time you spend finding, hiring, and training new team members.
For best results, incorporate a mixture of different tactics to demonstrate employee appreciation into your company culture, ensuring that employees are shown appreciation on multiple fronts. This is a low-cost and high-reward strategy that will easily pay for itself before you know it.
Ready to start showing some employee appreciation in your office and aren’t sure where to start? Check out Hoppier as your first step, setting up your team with the best snacks and office supplies around!
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