It is rightly said that employees are the asset of any company or business. It does no good if a company fails to recognize the efforts put on by their employee in any task or project. Every company must have a policy that will empower and motivate the employees to do better and be consistent in their work. When a firm fails to recognize the contribution, the employee starts to feel disinterested in the work and finally will be pushed to put the papers.
Being in a high position, getting a dream salary is not a reason not to feel alienated from the company. Irrespective of any factors, it is the company’s responsibility to keep the employee feel safe and positive. There are several benefits of recognizing employees that many firms fail to understand. If they give importance to this aspect, none of the firms will face employee resignations.
How can a company deal with this situation?
The best way to deal with such a situation is to start recognizing the efforts put on by the employees. Appreciation and a pat at the back are all is needed for the employees to feel motivated and energized to work more. Let us look at some of the main internal communication tools .
- It increases productivity: Acknowledging an employee for their amazing work will definitely make them happy and satisfied at work. In turn, it will help to double the productivity level and it also increases the confidence of the employees.
- Improves engagement: Recognising the work of the employees will directly hit and increase employee efficiency resulting in more engagement in work and other aspects.
- Reduced Cost: A satisfied employee means reduced turnover and it directly goes to a reduction in the cost of hiring and training a new employee.
Companies must make sure that the recognition or appreciation of the employees must feel real and personal for the employee. Firms must make it a continuous process or habit and should make it inclusive to all the employees of the company.