0 Comment

Frequency of Employee Recognition Matters for Organizations

A good recognition program can go a long way in enhancing the overall happiness and satisfaction levels of employees. Organizations have also realized that the frequency of employee recognition matters as it enhances the benefits and ROI of the programs.

What are the Key Success Factors of an Employee Recognition Program?

Developing an effective reward and recognition system is often a challenging task for most organizations.

Top Management Role in Employee Rewards and Recognition

This is because the success of such programs depends on multiple factors that impact the level of employee experience, satisfaction, and motivation.

In this context, the following factors should be considered as most important:

1. Linked to Performance

Committed Employees

The traditional method of recognizing employees based on their performance and efficiency is relevant even today. 

Performance-based recognition can offer benefits in terms of enhancing the motivation and engagement levels of employees.

Such recognition of good performance tends to motivate the other members of the workforce positively and inspires them to perform better to get recognized similarly.

2. Timely

Real-time

Organizations need to ensure that employee recognition is offered promptly.

Any delay in recognition makes it ineffective and tends to impact the happiness and satisfaction levels of employees negatively.

Hence employees need to be recognized in real time and immediately after they have done something worth recognizing.

3. Frequent

Employee Benefits

Most organizations tend to follow a pre-defined cycle for recognizing their employees, which tends to reduce its impact.

Such organizations recognize employees only once a month or even less frequently.

This often causes unintended delays in recognizing the employees and can even result in a sense of disappointment and dejection among the members of the workforce.

Why Frequency of Employee Recognition is so Important?

Frequency is one of the critical success factors of employee rewards and recognition, that organizations need to strongly focus on.

Therefore, organizations need to recognize employees as frequently as possible to the extent of several times a day.

Frequent employee recognition has the following benefits:

Why Frequency of Employee Recognition is so Important

1. Boosts Employee Morale

Early Bird

Frequent recognition celebrates the good performance and behavior of employees at short intervals.

This helps in boosting their morale and inspires them to continue working and behaving in the same way.

Most importantly recognizing employees more frequently makes it easier for organizations to appreciate even the smallest efforts and achievements of employees.

It also enables them to extend the reach of the recognition program to a large percentage of employees, enhancing the overall workforce motivation and performance significantly.

2. Aligns Employees with Business Goals

Goals

Also, frequent recognition helps employees to better align themselves with the business objectives of the organization.

Recognition also sends a strong message to the other members of the workforce about aligning their efforts with the business goals of the organization and making them eligible for similar recognition.

3. Integrates Employee Behavior with Organization Culture

Happy Employees

Organizational culture is how employees of an organization interact with each other, with the management, with customers, and with other stakeholders. 

Positive organizational culture is the key to enhancing employee engagement, and frequent recognition can play a critical role in building a positive organizational culture.

When employees are recognized for their hard work and efforts regularly, their sense of belonging and self-esteem increases significantly.

Hence, this makes them feel happy and satisfied with their workplace, which forms the basis of a positive work culture.

4. Ensures Higher Employee Retention

Clean Slate

Frequent recognition is so important as it helps in ensuring the retention of employees. 

The constant ratification of their performance, contribution, and value for the organization increases their level of commitment and loyalty toward the organization.

This dissuades them from seeking job opportunities elsewhere even though they might be more lucrative financially.

5. Assures Remote Working Employees of Being Valued

Digital Tools

In current times, remote working employees have become a new norm for most business organizations. Such employees often work in isolation and are likely to feel cut off from the organization and their teams, which can impact their motivation levels.

Frequent recognition helps in assuring such remote employees of being a valued part of the organization.

Hence, by rewarding and appreciating the efforts and achievements of such employees, organizations can assure them that they are on the right track and they are an integral part of the organization.

6.  Builds a Stronger Employer Brand

Frequent recognition makes employees feel valued for their work and makes them feel to are an integral part of the organization.

It instills a sense of pride in their organization and builds a positive image of the organization in their personal and professional circles.

Hence, this helps the organizations in building a strong employer brand for prospective hires.

Bottom-line

An increasing number of organizations have started realizing that the frequency of employee recognition matters for the overall success of their rewards and recognition programs and helps them maximize the business benefits from them. 

Sagar Chaudhuri

Lead author: Sagar Chaudhuri, the Co-Founder and CEO of HiFives. He is an HR Tech Evangelist with over 25 years of experience in the corporate world and entrepreneurship. In the past, Sagar has worked with companies such as Genpact, Infosys, and ICICI Bank, in leadership roles. He has an engineering degree from IIT Kharagpur and an MBA from IIM Lucknow. Connect on LinkedIn

To stay updated on the latest HiFives blogs follow us on Twitter (@MyHiFives)

HiFives is a global employee rewards, recognition and engagement SaaS platform that enables organizations to digitize, automate and transform their employee experience. It is used by 100+ large enterprises, small businesses and startups in manufacturing, retail, technology, financial services and media, across 25+ countries.