Employee recognition can be considered one of the most important parts of management. In today’s world, where there are so many talented people, it becomes imperative for an organisation to know their employees’ proper value. Employee recognition is not a one time job because it needs to be frequently updated according to the work environment. The successful organisations very constantly re-evaluate their recognition programs and award the employee for their work.
Employee recognition is a vital part in which every organisation should pay their attention because the employee will know that his works are being recognised and appreciated. Every employer wants to know no that if they are helpful for the organisation, the employees know their value for the organisation with the employee recognition programs’ help. The companies recognise the employee by providing them extended tenure and EDCO awards.
Why is employee recognition important?
From an early age, every person carves the recognition from their friends, teachers, parents, and becomes a part of a human being to be recognised for their work. Even a neutral reaction is also sometimes considered as a negative reaction. Hence, it becomes very important for an organisation to recognise their employees by giving them awards if they want to succeed in the long run.
Employee recognition programs also help the organisation in the following ways.
- Retaining talented people
When the company or organisation recognises a person for their work, it also boosts the morale of that employee and wants to do better to get recognised and get more awards. By this, the company also comes to know who their best employees are and understand what they are capable of.
- Helps in increasing employee engagement
When the organisation’s employees know that the company is recognising the employees for their work, they all will want to work properly for the organisation’s benefit to get awards. This will also increase the engagement of employees in the organisation.
- Improves employees performance
The company or the organisation can give awards to the employees to get maximum benefits from them. When the employees have this in mind that their work will be recognised, they will also want to improve their work standards and want to work more effectively.
According to a survey it was proved that when the employees were asked, what the organisation needs to do to get more efficient work from the employees than 37% of the employees and search that the organisation or the managers need to give more personal recognition to the employees to get great work. Recognitions can be in many ways, but the employees usually want to be awarded for their work.
Giving awards to the employee is a very good way to appreciate and organise the employee. This will encourage the employee to do better the next time and be very beneficial for the organisation.
