What is Employee Recognition?
Employee recognition is the act of appreciating and rewarding employees for their contributions, achievements, or performance. Successful recognition plans improve morale, interest, and loyalty and instill a positive working culture. Companies rely on formal awards, peer-to-peer rewarding, or other basic appreciation measures to reward achievements.
Employee recognition is more motivating and can strengthen the desired behavior, as well as team cohesion, and increase productivity. Organizations that continually reward employees have chances of maintaining the best employees and developing a workforce that can perform at a high level.
Examples of Employee Recognition
1) The employee recognition scheme in the company comprises monthly awards and shout-outs.
2) Employee recognition through peer-to-peer helps in creating the culture of appreciation.
3) Systematic employee recognition gave managers greater productivity.
Synonyms
- Staff Appreciation
- Employee Rewards
- Workforce Acknowledgment
- Staff Recognition
