employee appreciation

4 Ways to Boost Employee Appreciation and Create a Stronger Company Culture

At 87% of recognition programs, years of service is the most common form of employee recognition. However, employee appreciation can be delivered in various ways. While years of service is not a bad way to recognize and demonstrate employee appreciation, 58% of employees believe receiving recognition from leaders would improve their engagement. Additionally, companies experience 31% lower voluntary employee turnover who utilize recognition programs.

Here are some ways you can boost employee appreciation and create a healthier, stronger company culture:

Recognize employees

It may seem basic and straightforward, but recognizing employees is the first step in showing appreciation. One way to demonstrate recognition is through public acknowledgement. This could be a shoutout during a team meeting, on the internal employee intranet or in the moment you appreciate the employee (i.e., a job well done).

Another great way to extend appreciation is to encourage peer-to-peer appreciation. You can facilitate a team activity where each member must say one acknowledgement of appreciation to a team member. In fact, 41% of companies that implement peer-to-peer recognition experience a rise in customer satisfaction.

Additionally, celebrating together is a great opportunity to show appreciation. Celebrating birthdays, personal achievements or hosting employee appreciation days are great ways to boost employee appreciation.

Track progress

It can be difficult to manage employee recognition when you don’t know what they’ve achieved. Implementing a way to track employees’ progress, such as personal career successes, milestones (i.e., years of service) and special honors (i.e., certificates of great service, industry-specific certifications, awards, etc.) can help you not only track and celebrate your employees, but also manage performance reviews.

Furthermore, tracking progress can also create opportunities for employers to develop mentoring and career development programs. Advocating for employee upskilling and continued professional growth are great ways to demonstrate employee appreciation.

Creative rewards

While food (i.e., catered lunches and gift cards) and career-based rewards (i.e., promotions and bonuses) are well appreciated and encouraged, try to get creative with your rewards. If an employee meets a goal, offer them some additional time off or an opportunity to work remotely, if applicable.

Other opportunities may be smaller like commuter benefits, access to additional company discounts, free or discounted swag or a chance to be the boss for the day.

Whatever you choose, make sure

  1. You personalize the reward to the individual and
  2. You allow your employees to express what they would like.

Actively seek and listen to feedback

As mentioned above, seek feedback from your employees. How do they prefer to be recognized? What types of rewards would they like to receive?

Actively listen to your employees’ feedback and offer them the opportunity to lend insight to their interests and desires. For example, if an employee expresses concerns over something and an employer does nothing to resolve the issue, any sort of reward for a job well done may be counterintuitive.

If you’re looking to expand your voluntary benefits or best practices for boosting employee appreciation, contact AccessPoint. Our HR management team understands the value employees brings to companies and have the experience, resources, and tools to improve employers’ abilities to support their employees.

Previous Article
digital workplace office anywhere

A Modern Digital Workplace Strategy: Why Working and Learning from Anywhere Matters

Next Article
WJR Business Beat

WJR Business Beat with Jeff Sloan: Venture Capital Investment at Record Numbers in First Half of 2021 (Episode 268)

Related Posts
supply chain
Read More

How to Keep Vendors and Clients Happy During Supply Chain Hiccups

Supply chain breakdowns are happening due to global disruptions, rising costs and increased consumer expectations. Businesses can't always stop supply chain hiccups, but they can learn from them and limit their impact on vendors and clients. How a business responds to a supply chain issue can have far-flung effects. A company that is proactive and...
implementing new systems
Read More

9 Mistakes to Avoid When Implementing New Systems

If your systems aren’t lean, efficient and precise, you’re wasting time and money while putting your business at unnecessary risk. If you’re going to build out new systems, you need to do it right. Avoid these nine mistakes when building new systems to transform how work gets done in your business. 1. Ignoring human nature...
home-based businesses
Read More

The Value of Home-Based Businesses to Economic Recovery

The challenge of America’s economic recovery, in the wake of the COVID-19 pandemic, is to spread it to every community – and especially those that have been historically excluded. The key to meeting that challenge is to appreciate the civic and economic value of an overlooked resource: home-based businesses. There are about 16 million home-based...
top fintech startups
Read More

Top Fintech Startups in the Midwest 2022

The Midwest is rapidly becoming home to some of the best fintech startups in the country. Chicago, for instance, is becoming a top tech hub for fintech startups, seeing massive growth and funding for its companies. In Columbus, the city’s long history with top banking institutions has created a fertile ground for fintech startups to...