May 3, 2022 0 Comment

5 Best Ways to Recognize Top Performers

Most organizations understand that the hard work and dedication of their top-performing employees have a significant impact on the success of their business. They should recognize top performers to engage, motivate and retain them. Recognition of these top performers also motivates other employees to emulate them

How Do We Recognize Top Performers?

Recognizing its best performers proves beneficial for an organization in more than one way. In addition to boosting their morale, such recognition also contributes towards building a positive work culture. This in turn can help in improving the overall employee retention.

It also enhances the employer brand value, enabling the organization to attract the most talented candidates in the industry.

Here are the 5 best employee recognition ideas for organizations to keep the high-performing members of their workforce constantly motivated:

5 Best Ways to Recognize Top Performers

1. A simple ‘Thank You’ can work wonders

Thank You

Most organizations feel the need to reward their high performing employees with unique and impressive things to make them feel appreciated. However, they need to understand that they can express their gratitude towards these employees by simply thanking them.

In fact, handwritten thank you notes or even a pat on the back from their supervisors can often be sufficient. Such appreciation can prove more effective as it is personalized and direct. It assures the employees that their efforts are being noticed and valued by people who matter the most.

2. Appreciate them on a public platform

Integrate Reward and Recognition with Innovation Efforts

Appreciating the achievements of high-performing employees in a public forum whether in a team meeting, town hall or on a digital platform is a great way to recognize them. By highlighting their commitment towards work, achievements, and qualities publicly, the organization can instil a deep sense of self-worth and pride in them.

In this context, internal social media platforms are the best places to recognize their best employees publicly. Organizations can also choose to appreciate the employees at the various team events and meetings attended by other employees.

3. Offer skill development opportunities

Learning and Development can Promote Employee Engagement

High performing employees are constantly seeking ways to improve their performance. Thus the organization can recognize these employees by providing them with the right training and resources for skill development.

Learning new skills can help top employees enhance their performance faster. This will, in turn, helps in improving their overall job satisfaction. It motivates them to take up more challenging responsibilities and contribute more to the organization.

4. Provide flexible work schedules

Real-time

Giving high-performing employees the freedom to choose their own work schedule is another great way of recognizing them. They may be allowed to come to work early or late as per their convenience and leave accordingly.

They can also be given the freedom to work in multiple shifts if it helps to enhance their productivity.

Such recognition improves their overall well-being and happiness as it reduces work stress and creates a better work-life balance. This, in turn, boosts their sense of commitment and dedication towards their organization.

5. Empower them through information sharing

Empower Employees and Create an Innovation Funnel

An effective method of employee recognition for the best performers is to empower them by sharing vital information with them. Organizations can make them aware of the impact of their work on overall business profitability and growth.

This fills the employees with a sense of achievement and helps them to better understand their value in the organization. It motivates them to continue giving their best to ensure organizational success even during the most challenging times.

Bottom-line

It is very important for organizations to recognize top performers and keep them motivated and committed to the success of the business.

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HiFives (https://www.hifives.in) is an employee rewards, recognition and engagement SaaS platform that enables organizations to digitize, automate and transform their employee experience. The platform enables supervisors and co-workers to nominate, recognize and reward employees using a points-based system. Budget management, jury-based evaluation and multi-level approval workflows are built into the platform. HiFives has social features such as a wall of fame and gamification features such as leaderboards, e-certificates and digital badges. It also has a global redemption system with country-specific e-gift card options. HiFives integrates with all leading HRMS systems, Office 365, Google Workspace, MS Teams, Slack and other popular tools used at the workplace. HiFives is used by many large enterprises, small businesses and startups across 25+ countries in the world, in many industries including manufacturing, retail, technology, financial services and media.