Money is not the thing people desire most at work. If you take a look at the renowned 1940s psychologist Abraham Maslow’s hierarchy of needs, you can see that salary really just scratches the surface. What’s much more important to employees is appreciation, respect and yes, even love.
While February is of course the month of love, like in every relationship, love shouldn’t be reserved for just one day a year, or indeed a few. Instead, employees should be shown genuine employee appreciation all year round.
This can be done with a simple recognition and rewards initiative.
The reasons for doing so are simple: your workforce will feel valued and as a result you’ll enjoy a much happier and productive team. There’s lots of research to suggest that happier employees work harder. In fact, in our National Employee Survey, 72% of employees stated that they would work harder if they were appreciated.
So, let’s have a look at some simple ways a recognition and rewards scheme can benefit employees.
Say thank youIt’s sounds simple, but too often employers forget to say thanks. If someone’s gone above and beyond for the company, let them know how thrilled you are. Likewise, recognise the employees who put in a good day’s work day in, day out. A simple thank you really can go a long way.
With Each Person, the recognition and rewards scheme powered by epoints, employers can give employees meaningful appreciation at work in the form of ecards - digital thank you cards, which are sent via email. Colleagues can also send ecards to each other, helping to promote a culture of recognition and rewards within the business.
Recognise often and in a timely mannerIf you’re well aware that you don’t dish out enough recognition and rewards, make it your mission to do it more often. Why not set yourself a reminder to think about employees who deserve to be recognised each week? It’s also important that praise is timely. Praise that is given only once a month for example can come across as less authentic than a pat on the back after a gruelling day’s work.
Recognising an employee’s birthday and work anniversary should also be done in a timely manner - rather than remembering a few days down the line. With Each Person, with our easy to use reporting dashboard, we can provide you with reminders about special occasions to ensure you don’t miss the opportunity to let employees know you’re thinking of them.
Reward ThemIf someone has really gone above and beyond - more thoughtful recognition and rewards could also be given. But, it’s important that managers do not take a one size fits all approach. After all, each employee is different, so what might appeal to one employee, may not feel valuable to the next. Get to know employees, their interests and what makes them tick.
With Each Person, managers can attach the epoints currency to ecards as a special reward. There are almost 200,000 rewards to choose from. Plus - importantly, rather than simply giving your staff a cash reward or a voucher, with epoints, they'll also be able to get an extra 10% off the retailer price - with no compromise on returns, guarantees or delivery. Proving to be a better present than the humble gift card, epoints allows employees to choose their own rewards that they personally find valuable.
The Each Person employee recognition and rewards scheme is free for employers to implement in their organisation and includes a wide range of benefits, including non monetary value ecards and the ability to add epoints as a reward. For more information, contact us today.
