Employee recognition is one of the most critical things in the workplace. It increases the level of productivity, reduces employee turnover, and thereby helps in generating higher profits for the business.
It not only encourages employees who are recognized but also encourages other employees to produce even better work to receive recognition as well. Employee recognition programs can help to increase productivity and raise revenues for your organization.
Your organization can quickly become a great place to work by implementing a culture of recognition. HR leaders can develop a positive recognition culture where people enjoy working. Every employee wants value and respect for their work, and workplace recognition provides this sense of achievement.
Benefits of Positive workplace culture with Employee Recognition:
Increases Employee Engagement
There is an active link between employee recognition and engagement. Employees who are engaged perform better than those who aren’t. When you value your employees for the work and effort that they put in, their productivity level increases, and this motivates them to improve their excellent work. Thus, Engaged employees are crucial to the success of your organization.
Attract and Retain Top Talent
Hiring competent and productive employees is essential for the success of any business. An environment that offers growth, respect, and recognition helps in attracting and retaining employees.
Lowers Employee Turnover
When employees feel recognized, they tend to stick around longer, and therefore, employee turnover decreases. Correspondingly, it reduces the cost of recruiting and training a new employee. Employee turnover depends on the workplace culture you offer to employees.
BRAVO is an employee recognition platform that is making waves in the field of employee engagement through recognition. Many HR leaders have adopted it to improve millennial engagement and loyalty. Recognition not only boosts individual employee engagement, but it also increases productivity and dedication in the company, leading to higher retention.
Bravo provides that one-stop social employee recognition solution – built by Millenials, for Millenials.
Improve employee performance, drive results orientation across your teams through BRAVO, a powerful employee recognition program.