We can’t talk about recognition without talking about rewards, and we can’t talk about rewards without talking about motivation. How Recognition Fits Into Your Larger Employee Motivation Strategy Below, we’ll show how recognition fits into your larger employee motivation strategy and then we’ll dive into the positive psychology research backing the most popular feature in the 15Five system: High Fives. Unfortunately, according to Gallup, only one in three employees strongly agree they’ve received recognition in the past week and those who don’t feel adequately recognized are twice as likely to say they’ll quit in the next year. Grant explains that if someone thanks you for your help, you’re twice as likely to help them again in the future, and more than twice as likely to help someone else. Adam Grant, organizational psychologist, Wharton professor, and bestselling author, famously talks about the big benefits of a little thanks. Recognition also increases the likelihood for collaboration and support between employees. According to Gallup, individuals who receive recognition and praise are more productive, more engaged, more likely to stay with their organization, and receive higher loyalty and satisfaction scores from customers. In other words, it pays to have a positive feedback strategy. Science shows that high performing organizations sound different than low performing organizations and are far more supportive and complementary. – Strengthens relationships between employees especially helpful when used across teamsĮmployee recognition is not a nice-to-have, it’s possibly the lowest cost/highest impact practice that benefits your entire organization. – Feel valued and cared for, which inspires further helpful behavior – Improve psychological and physical health
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