While the business landscape is constantly evolving, one thing that will always remain the same is the power of showing appreciation to your employees.
Recognising their hard work and demonstrating gratitude goes a long way towards helping to retain your staff and reinforcing their loyalty to your company. As such, this should be one of your top priorities as a business leader.
So, what’s the best way to show your appreciation for their efforts and ensure your employees feel valued?
Let’s find out.
Why is it important to show gratitude to your employees?
Most companies will typically show appreciation to their employees at the end-of-year party, or to a particular staff member when they retire or leave the company. However, this is no longer enough.
Recognising your employees needs to be part of your organisation’s culture. Not only does this help foster a healthy working environment and better relationships within your team, but it also increases engagement and motivation amongst your staff as well.
Feeling appreciated also improves staff wellbeing and promotes confidence, encouraging more effective collaboration within your organisation.
Finally, fostering staff loyalty and retaining talent will save your company time, money and precious resources – both now and into the future.
7 ways to thank your employees
Showing gratitude to your employees is a simple act that can make a significant difference in both the lives of your staff, as well as the success of your company.
These gestures of appreciation don’t have to be grand or overcomplicated, however.
Here are some simple things you can do to show thanks to your team or individual employees:
- Praise efforts during meetings
Thank your employees and recognise their hard work and dedication during weekly or monthly staff meetings. Alternatively, you could use a company forum, such as a chat, website or intranet to post regular praise for your team’s accomplishments.
- Treat staff to a meal
Take your team to lunch or dinner to celebrate the effort they put in for your company. You could also organise a pizza day to help them decompress after finalising a big project. Not only do these kinds of gestures show appreciation, but they also create an opportunity for team bonding as well.
- Send a personalised gift or note
Express your appreciation to your employees in the form of a personalised gift or card. This also helps to show genuine interest in your employee’s happiness and wellbeing.
- Consider financial incentives
Your employees work hard for your organisation, and sometimes their efforts can greatly benefit you financially. Perhaps they’ve just closed a big deal or hit a sizable performance target. Saying thank you with a financial bonus or a gift card is a great way to show your staff that their efforts are valued and have not gone unnoticed.
- Provide resources to ensure continued success
Showing your appreciation is not just about gifts, kind words and other benefits. It’s also about providing your employees with the support and resources that they need to excel in their roles. Organising training sessions or sending employees to industry events can help to improve their abilities and dedication to their work. Likewise, updating the technology and resources that staff use can enable them to be more efficient and effective going forward.
- Demonstrate trust and foster autonomy
Providing employees with the opportunity to take on important projects or work unsupervised can help to build trust, improve motivation and show that you’re invested in their growth as an employee.
- Provide the opportunity toshare opinions and feedback
Ensuring your employees feel heard is one of the best ways to show your appreciation to them, and having them contribute their suggestions, ideas, insights and feedback helps them to feel that their opinions matter.
This can be done through one-on-one meetings, team forums, or even using surveys. Solutions such as VibeCatch’s QWL Polls, Pulse Polls and 360 Feedback Polls can facilitate this collection of employee insights and help you to gain a better understanding of your team at the same time.
How can VibeCatch help you improve your employee insights?
In today’s digital age, data is king, and measuring your employee engagement, performance and wellbeing regularly can help you and your company achieve success.
To do this effectively, it’s important to use active, scientific-based listening and learning technology within your workforce to yield better (and trackable) results – that’s where VibeCatch can help.
By collecting valuable ongoing insights from your staff using one powerful platform, you’ll be able to learn how you can improve your company and its operations going forward, while providing your employees with the freedom to share their thoughts, suggestions and concerns – and helping them to feel valued in the process.
What is VibeCatch?
VibeCatch is an HR platform based on 15 years of proven research, offering you the opportunity to make a difference and understand the impact that the work environment has on the staff around you.
Through VibeCatch’s QWL Polls, Pulse Polls and 360 Feedback Polls, you can uncover hidden opportunities, correct issues and address areas of improvement for both employees and management within your organisation.
Speak to our team today to see a live demo.