Employee Appreciation – Why This is Powerful in Building Your Business
Showing
your employees you appreciate them and their contribution to the
company actually brings more benefits to your company than you might
realize. According to studies, 53% of employees are more likely to
stay longer in the company when they get appreciation from their
boss. 81% of these employees will work harder when they receive
appreciation. Compare that to the 38% of employees who will only work
harder because their bosses are very demand or the 37% of people who
will perform better because they worry about losing their job.
Appreciation
has a way of making employees feel like they truly belong in the
company. It works better when it comes to engaging employees and
helping them perform better compared to demanding things from them or
making them worry about losing their job.
How
to Show Appreciation
There
are many ways business owners can show their appreciation to their
employees. Here are some of them:
1. Communicate
with them.
The
simple act of thanking them for rendering over time work or letting
them know their efforts contributed to the success of the company can
already boost morale.
2. Allow
them to be involved in the decision-making process of the company.
It
makes them feel like their company really values their opinion and
input.
3. Offer
employee benefit in Surrey.
An
Employee
Benefits Plan in Vancouver
will make them feel like their company is really taking care of them.
With the help of companies like ZLC Financial, business owners will
be able to develop an employee benefit plan that suits the needs of
their employees.
4. Give
pay raises.
Offering
pay raises, if your company can afford it, helps in motivating them.
Don’t
hesitate to show your appreciation to your employees. This just might
be the thing you will need in improving employee engagement.
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