By Gina Blitstein
As an employer, you understand the value of good employees. A workforce built of people on whom you can count to get the job done, meet (and exceed) goals and who take your business and its mission seriously is the backbone of your organization. Without your employees, you’d be doing every task and wearing every hat your business needs – for better or worse.
Your employees make up a team upon which you rely each and every day. It’s not a stretch to say you couldn’t run your business without them – but are you doing enough to let them know that? Even if you compensate them well and provide above-average working conditions, you may want to consider doing more to demonstrate just how valued your team members are, lest they feel underappreciated.
Employees who feel appreciated tend to display these positive traits:
- Better work attendance
- Higher degree of attention to detail
- Greater sense of “ownership” of a task or project
- More investment in the success of the company
- Greater willingness to take on higher levels of responsibility
- Better camaraderie with fellow employees
- Higher opinion of the company shared with others
- Longer employment with the company
When employees possess these attributes, gaining and keeping a strong workforce is easier. Employee turnover is expensive, inefficient and stressful; your focus should better be spent on measures to improve employee retention – and demonstrating appreciation goes a long way toward that goal.
How to demonstrate that you value your employees
Demonstrating a higher level of appreciation for your employees doesn’t have to be difficult or complicated. In fact, your appreciation for their diligence is primarily an acknowledgement of their part in your company’s success. Keeping your employees feeling good about their importance to the business as a whole gives them a greater sense of pride in their work and a desire for even greater success. Measures like these can easily be implemented in order to demonstrate the importance of having dedicated partners on your team:
Communicate goals - Clearly expressing goals make it easier for employees to understand the big picture and how they can do their part to better bring it to fruition. Being told what’s at stake can motivate them to work harder to achieve goals.
Bonus incentives - Make earning bonuses challenging yet achievable and make the reward commensurate with their importance to the company. An employee who earns a bonus should have a legitimate reason to feel a sense of pride in accomplishment.
- Recognize and communicate accomplishments - All accomplishments are not bonus-worthy, but all are recognition-worthy. Make it a priority to thank employees who have experienced on-the-job successes, made strides toward a goal or put in an extra measure of effort. Recognition for a job well done is vital positive reinforcement to ensure employees feel appreciated on a day-to-day basis.
- Recognize specialized skills and challenges - In addition to recognizing broader accomplishments, discover ways to show appreciation for employees who implement specific skills or who meet cyclic challenges with aplomb. Every position has its own “measuring stick” that can be acknowledged when achieved.
- Promote team achievements - While individual accomplishments are important, remember that fostering an environment that supports and promotes teamwork goes a long way toward developing a cohesive organization.
- Willingly accept feedback and constructive criticism from the trenches - The employer-employee relationship is a two-way street. Open your ears and mind to feedback that comes directly from those performing the work. Since they’re the ones implementing your processes and following your procedures, these are the people who see any intrinsic flaws that could affect productivity. They may also be the people who have the solution based on their firsthand experience. Listening to employees’ feedback and suggestions demonstrates that you care about their work experience and respect them enough to want to make it as smooth and productive as possible. Employees appreciate it when their ideas are heard and heeded by management.
Make every day “employee appreciation day” and see how your workforce responds with greater effort and diligence on the job.
Gina Blitstein combines her insight as a fellow small business owner with her strong communication skills, exploring topics that enhance your business efforts. That first-hand knowledge, matched with an insatiable curiosity to know more about just about anything, makes her a well-rounded writer with a sincere desire to engage and inform.
The information provided is presented for general informational purposes only and does not constitute tax, legal or business advice. Any views expressed in this article may not necessarily be those of Nevada State Bank or its affiliates.