How often do you show your employees that you appreciate all their hard work? The answer is, “not enough.” More than 35% of employees consider lack of recognition of their work as the biggest hindrance to their productivity according to polls..
Appreciation is all about acknowledging the inherent value of your employees and understanding that their work should not go unrecognised. But why is it important to appreciate your employees other than just the more surface-level reasons?
Happier Employees
Good vibes in the office translate into a happier and more peaceful home life. When you show your employees that you see and appreciate their efforts, those employees feel good about what they do, and they take those feelings home with them.
Happier employees are also, on average, 12% more productive than less happy employees. Employees are usually more productive when they feel that they are being heard. Being heard will make them feel more engaged and highly engaged employees are 300% more likely to say they feel heard at their workplace than highly disengaged employees. Companies with high employee engagement are 21% more profitable.
Moreover, showing appreciation to an employee creates a ripple effect in the workplace. An employee who feels appreciated is highly likely to show appreciation to their co-workers and other team members.
Being appreciative is appreciated
It goes without saying that most people appreciate the sentiment of their work being recognised. This is especially so if someone goes out of their way to show them that they are valued. In turn, people will tend to respect that person more and as an employer, you would be trusted far more.
People would prefer to follow a leader that is seen as trustworthy. As an employer, this should be a goal of yours. You should want the trust of your staff. Trusting one another is one of the most valuable commodities we possess. Trust isn’t usually easy to come by but showing appreciation is at least one method of building it.
Simply by giving them a pat on the back after a job well done or by starting up the occasional conversation with them, it shows that they are valued.
You should also show appreciation towards your partners, your suppliers, and your customers. Showing appreciation goes a long way in building trust and respect.