10 reasons to make recognition a daily habit.

Talented people won’t work for companies that are dull and boring. Or for a few extra dollars in their bank account each week.

The crème of employees choose to work for companies with great culture, where opportunities for personal development are promoted and where successes are celebrated. They choose to work for companies that invest in engaging their team and making the company a truly great place to work.

So how can you become one of these companies and attract the best talent? Make recognition a daily habit. Here are ten other benefits of recognition.

#1. Show your appreciation.

Recognition shows that you value your team’s efforts.

#2. Call-out what matters to you.

Highlight the values that matter most to you by recognising behaviours that embody these values.

#3. Build deeper relationships.

Gain insight into the people that work for you and develop stronger team bonds.

#4. Set the benchmark.

Recognition, especially when visible, sets the bar and let’s everyone know what you expect.

#5. Reduce turnover.

Employees leave managers, not companies. Recognition is a tool for managers to help them lead and in turn, retain their team.

#6. Improve teamwork.

Recognition fosters a sense of belonging for your team and in turn, improves willingness to collaborate.

#7. Create transparency.

Social recognition puts the spotlight on quiet achievers, showcasing great work being done across the business.

#8. Build trust.

When employees see that they will be fairly recognised for a job well done, they build greater trust in an organisation.

#9. Celebrate success.

Recognition allows everyone to celebrate successes, no matter how big the win.

#10. Reward your team.

Recognition creates an opportunity to reward your team with perks or rewards – even on a limited budget.

Research into workplaces that work paint a very clear picture. Organisations where strategic recognition is part of the culture succeed. Those that don’t, don’t’. Of course it takes more than just recognition to make a company successful, but research findings into engaged workforces are undeniable.

They have less turnover, increased customer satisfaction, greater productivity, less absenteeism and an edge over the competition -  something for every business to aim for.