September 30, 2021 0 Comment

Culture Of Openness And Transparency Through Employee Recognition

Openness and transparency at the workplace play an important role in the operational effectiveness and business growth of organizations. In a survey conducted by TinyPulse, the culture of openness emerged as the top factor for employee happiness.. Employee recognition is a powerful tool for the organization to drive employee motivation and behavior. Organizations can look towards creating a culture of openness and transparency through employee recognition.

Impact of Openness and Transparency

A culture of transparency and openness helps to build trust and commitment among employees. Here are the key benefits of creating such a culture:

1. Improves Productivity

An open and transparent culture builds trust among employees which results in a more positive and productive work environment.

2. Enhances Collaboration

In such a culture, employees are likely to collaborate better with one another in with less issues of distrust and miscommunication.

3. Improves Retention

Such a culture is likely to drive employee engagement and happiness, which in turn can reduce the turnover rate.

4. Better Alignment with Business Goals

Openness and transparency encourages better communication between employees and the management, leading to better understanding of business goals

5. Promotes Innovation

Openness and transparency makes employees feel more empowered and are more likely to share need ideas and suggestions.

How Employee Recognition can improve Openness and Transparency

A well-developed employee recognition program can help organizations build a great culture of transparency and openness.

This is how it can work:

Culture of Openness and Transparency through Employee Recognition
Culture of Openness and Transparency through Employee Recognition

1. Timely Recognition by Managers

Recognition of employees by their managers and supervisors provides regular and positive feedback to them for their good performance and achievements. This can be an effective way to create an atmosphere of openness and transparency where good work in recognized in a timely manner.

2. Peer-to-Peer Recognition

Appreciation by peers and social recognition helps develop a culture of recognition in the organization, where employee genuinely celebrate each other’s success. This results in greater openness and  transparency and dissolves professional rivalries and unhealthy competition.

3. Teams Awards for Collective Achievements

Recognizing collective achievements of a group of employees in form of team awards encourages greater information sharing and collaboration with the team. Teams are likely to more open and transparent with each other once they realize that they are likely to create a great impact and get rewarded if they work in tandem.

4. Clear and Well-defined Recognition Policy

Having a well-defined and documented policy for employee rewards and recognition with clear eligibility criteria and guidelines ensures fairness and credibility of the entire system.  Employees are assured that they get an equal and fair chance of being recognized for their efforts and their contribution to business growth.

5. Digital Platform for Recognition

The use of a digital platform for employee recognition and integration with other internal platforms like Teams or Slack ensures transparency, fairness and authenticity of the rewards system. Employees have complete visibility to the list of award winners and their achievements. This promotes increased level of transparency and openness in the organizations, as other employees feel motivated to emulate the award winners as they perceive the system to be credible and genuine.

Read Building a Culture of Appreciation through Employee Recognition

Bottom-line

Organizations can build a culture of openness and transparency through employee recognition, which can in turn lead to higher productivity, innovation and business growth.

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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.