Studies based on business productivity and employee happiness are continually highlighting the benefits of employee awards. It's common sense, when employees are acknowledged for their hard work and success at reaching a goal, they are more inclined to keep working well.
According to Accumulate, when done correctly, recognition and employee awards can be one of the most cost-effective ways to increase business productivity.
One of the ways to do this is to introduce a social employee recognition scheme. Today's generation spends a significant time on social media platforms, so why not use that to your advantage?
When sharing employee achievements online, a business can greatly improve the visibility of its company values. It amplifies engagement and encourages appreciation between workers.
Under a social employee recognition scheme, staff are able to celebrate and share success stories and foster camaraderie within the workforce. It brings employees together and gives staff a greater sense of job satisfaction.
If your company rewards achievement with something like a restaurant gift card, get recipients to document their experience with a photo. This kind of engagement in the program will help other employees get excited about the reward, and feel motivated to achieve themselves.
Considering all of this, it's surprising that just 18% of businesses have joined the trend of social employee recognition.