How do you recognize your employees’ achievements? Does employee recognition really matter?
According to results from TinyPulse’s 2014 Employee Engagement and Organizational Culture Report, it does. Survey results show a staggering 79 percent of employees don’t feel valued at work -- and that has a big impact on employee retention and engagement.
When employees don’t feel valued, they aren’t inspired to go the extra mile or motivated to work hard to meet that stretch goal their manager set.
This lack of employee recognition in the workplace becomes especially important as the Millennial generation becomes a larger part of the workforce. Millennials want to work in a positive environment -- where they’re valued -- and they are more willing than other generations to give up financial gain to get there. Which means if you’re not showing sound and sincere employee recognition, it’s time to start.
It’s our job as HR professionals to make a stand and build a culture of employee recognition in our organizations. Here are four ways to start building a culture of recognition that begins with Day One: