Through employee appreciation rewards and engaging events, LoadUp is growing a company culture to grow their business.
Employee appreciation is an essential ingredient of success at the workplace. Employees react well when management shows appreciation for their hard work or results. When employees are valued for the work and effort they put in, productivity levels increase, and this motivates them to improve their good work even more.
There are many companies that don’t understand the importance of employee recognition.
Management often sees the bigger picture of achieving goals, making a profit, and raking in the big bucks, but they seldom remember the people who are involved in making their goals achievable.
LoadUp is not one of those companies.
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Employee Recognition at LoadUp
Employee recognition is important as it increases the level of productivity at work, reduces employee turnover, generate higher profits and do not forget the increase in customer satisfaction. A happy employee is a happy customer and when you have a satisfied customer, the sales will come in automatically and they may even increase.
Praise and recognition are essential to an outstanding workplace. People want to be respected and valued by others for their contribution. Everyone feels the need to be recognized as an individual or member of a group and to feel a sense of achievement for work well done or even for a valiant effort. Everyone wants a ‘pat on the back’ to make them feel good.
Management has to try and keep their employees engaged in order to have positive results for the company.
At LoadUp, a different employee is awarded the “Golden Thumb’s Up” at each weekly company meeting. This tangible statuette is given to an employee as recognition of their outstanding work the week prior.
As another way of recognizing LoadUp employees for their achievements, each time a sales goal or business milestone is met, employees company-wide are rewarded with some sort of event or gift.
An example of one of these awards is the Friday that we were all rewarded with free (high-quality gourmet) pizza for lunch, a 30-minute chair massage each, and a small cocktail party at the end of the day for having all worked together to reach our biggest sales month ever.
Start mapping out the activities or events your company could sponsor in order to encourage employee engagement.
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Why Employee Engagement Matters
The definition of employee engagement is “the extent to which employees feel passionate about their jobs, are committed to the organization, and put discretionary effort into their work.”
Employee satisfaction only points to how happy your employees are. What it does not indicate is their level of motivation, involvement, or emotional commitment. For some employees, being satisfied means taking home a paycheck while doing as little work as possible.
When companies focus on how to increase employee satisfaction, changes won’t really lead to increased performance. Usually, the conditions that make employees “happy” with their jobs are the same conditions that drive high-performing employees nuts.
Top performing employees welcome change, look for ways to improve, and challenge the status quo. They expect all of their peers to be held accountable for delivering results, as opposed to low performers who avoid accountability, hold on to the status quo, and buck against change.
Employees who are happy and engaged would bring in not only positive energy to the office but also have a significant role in increasing the company’s sales and profits.
Though it could take weeks or months for you to plan some employee engagement activities, you can start giving employees recognition without spending a single cent.
A recognition of that employee in the company newsletter or taking a moment set aside to praise your staff at meetings in front of their coworkers are both great places to start trying employee recognition.
Also, never underestimate the power of the words ‘Thank You.’ Leave a ‘Thank You’ sticky note or card on their desk before they get to work in the morning. There are hundreds of other ways that you can try to give employee recognition as part of your company culture.
If you’re asking yourself right how important employee recognition could really be to the company, I guarantee there’s one of your employees, if not more, who are thinking (or even planning) to put in their two-weeks ASAP.
You can avoid that from happening altogether by developing a positive work environment, encouraging employee engagement, and practicing employee recognition among and around all of your employees.
Follow LoadUp’s lead and start your employee recognition program today!