One of the biggest challenges of any company is the retention of talent. To address the problem, one could consult hundreds of published books, web articles, and even essays on the subject. However, there is a much simpler, and more effective way to solve it: job recognition.

Recognising a professional’s work is one of the most important sources of personal and professional happiness. Exercising promotes employee satisfaction and well-being. Which will motivate employees to work toward the common objective of achieving the company’s success.

High job positions should recognise the importance of job recognition. Stimulating and admitting the good individual actions of the workers will activate a chain reaction, spreading optimism throughout the team while promoting a good work environment. At the same time, a healthy competition between the colleagues will happen, which will result in a more profitable and efficient company.

 

Why is job recognition important

We positively progress towards maturity from an early age through acknowledgement, affection, and respect. In fact, it is the early feedback we receive that positively reinforces us and promotes good self-esteem later in life.

Even when we reach adulthood, we still require acknowledgement. We need our talent to be valued positively by our family, friends and, of course, at work.

Promoting job recognition provides workers with a high level of personal satisfaction. This allows them to be satisfied at work and in their personal lives. This is the key to retaining talent in the company. The fact that the employee feels recognised for their efforts will make them a loyal and motivated worker to achieve the success of the company. Otherwise, they will look for opportunities where he feels better valued.

 

Job recognition is important for a variety of reasons:

 

  1. Happier employees: Employees will feel valued and happy if their job is recognised. Good humour will spread throughout the department, improving the working environment. Employees have been demonstrated to improve their productivity by 13% when they are happy.

 

  1. Teamwork: Happiness is contagious. As a result, work recognition results in a sense of harmony and well-being in the workplace, promoting teamwork. Employees will be more open to collaborating with colleagues and different departments.

 

  1. Self-promotion: Every employee who is happy with the company will speak well of the company wherever they go. Not only will you be promoting the business, but you will be attracting new talent.

 

  1. Increased confidence: Believing that you are capable of doing it is the first step to achieving any goal. The same goes for employees. Recognizing the workers’ abilities leads to a positive sense of self-worth, which they will want to display day after day as they strive to improve.

 

  1. Cope better with challenges: Every valued and self-confident employee will approach any professional challenge with optimism and a desire to exceed, resulting in professional development. Otherwise, it will demonstrate a lack of interest in change.

 

  1. Stop being a boss to start being a leader: Good bosses are dedicated, motivators, listeners, and show confidence in their staff. They also inspire them to take on new projects. As a result, the boss ceases to be one and becomes the leader that the company needs.

 

Forms of job recognition

 

There are different strategies for making worker recognition visible. Among them, we can mention the following:

 

  1. Monetary recognition: Although it should not be used alone, increasing the employees salary or paying bonuses for good results is one of the most common forms of recognition.

 

  1. Verbal acknowledgements: The employee will positively value comments and public gestures regarding their efforts.

 

  1. Recognise good ideas: Not all job recognition has to be tangible. Rewarding good ideas or projects can help to boost the company’s market position in the future.

 

  1. Recognise and reward failures: Sometimes things don’t always go as planned. Workers’ efforts should be rewarded regardless of the outcome.

 

  1. Encourage internal promotions: The seniority, fidelity and abilities of the worker must be valued, by  favouring promotions and internal promotions in the company.

 

Every company should implement a culture job recognition. It is essential for maintaining an engaged, loyal, and productive workforce, as well as fostering competitiveness and innovation.