Benefits of Employee Recognition and Rewards

Posted by Louisiana Trophies on

Research proves that employees respond in a positive way when they are recognized at work, especially when it’s expressed in forms of rewards. When you reward your team, you’re not only acknowledging their hard work, but you’re boosting their motivation to improve their performance at a consistent rate. In today’s competitive work environment, companies with the most brand recognition are the ones that have the happiest, best-trained, and well-skilled staff.

If you want your business to succeed, you must acknowledge and encourage your employees in a positive way. Below are some of the benefits of employee recognition and rewards. 

Increased Productivity

A key player in workplace productivity is employee engagement. Staff that is engaged show up earlier, stay longer and work harder. As an employer, you could provide employees with the right technology and excellent training, but if engagement is lacking, so will productivity. Setting achievable and meaningful goals for your staff results in high productivity by encouraging employees to work as a team and communicate effectively. However, recognizing and rewarding a job well done will take productivity to the next level. 

Employee Morale

Happy employees mean that your business is producing the absolute best, top of the line service. When you have happy staff members, they enjoy their job and have the desire for success. The way your company manages its employees a large role in team motivation. A genuine smile, simple greetings, sincere apologies, and small gestures are all forms of recognition that is often overlooked. 

Low-Turn Over Rates

One of the first things prospects look when they want to work for a company is the retention rate. A high staff turnover makes current and new employees unhappy and they often look for new employment. The time it takes to find the right employee and train them costs your company a great deal of money, so retaining staff is a top priority. A recognition and reward system is one of the most tangible approaches to retain staff and generate loyalty.

Quality Awards and Recognition Products in Louisiana

From plaques and trophies to desk accessories and personalized gifts, LA Trophies has proudly served Louisiana and surrounding areas for over 50 years. We would love to help you motivate and inspire your team with our innovative products. Browse through the thousands of products we offer and choose something that truly sets your company and its employees apart from the competition. Call our experts at 318-442-8818 or contact us online for more ideas and discounts.

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