Organizations are always looking for ways to be competitive in attracting talent and retaining employees. Workplace cultures that foster a holistic approach can help employees feel valued and connected to their roles in the organization. Incorporating recognition as part of your organization’s employee wellbeing strategy can have a significant impact on the employee’s experience.
According to research by O.C. Tanner
, almost half of employees believe their organizations value productivity and bottom lines more than people. To flip this mentality for employees to truly feel valued, recognition should be given authentically and in a meaningful way, which is considered a key strategy when looking to support a people-focused approach. Not only will employees feel appreciated for their work, but also feel respected as an individual and for the value they contribute to the organization—and not as a means for making a profit. Further, recognition can cultivate positive trusting relationships among coworkers, managers, and leaders. Having social connection and support at work leads to more engagement, higher quality of work, and higher overall wellbeing among employees.