Employees are one of a company’s greatest assets. Recognition and appreciation are known as one of the key motivational factors in the workplace. Hence a day set aside to appreciate those who matter the most at the workplace is the need of the day!
Employee Appreciation Day is a comparatively new phenomenon, an unofficial holiday observed on the first Friday in March. It was first created in 1995 by Bob Nelson. As the name suggests, it is a day designated especially for companies to thank their employees for their hard work and effort throughout the year. This day was created for the purpose of strengthening the bond between employer and employee.
According to the Harvard Business Review, organizations with a high level of engagement are 22% more productive than companies staffed by workers who are merely going through the motions, What’s more, engaged employees are more likely to be happier at work and therefore are less likely to be on the lookout for new jobs.
Employee recognition is also strongly correlated with productivity. According to a recent study, 69% of employees say they’d work harder if they felt as though their contributions were valued. Even so, it was found that only 26% of workers feel strongly valued at their jobs.
It’s indeed a problem that needs to be addressed. Planning a special event should help your workers feel like they are appreciated at least a little more.
10 Ways to Promote Employee Happiness at Work
Happy employees are the foundation of a good organization. Businesses that value their employees are more likely to outperform those that don’t. As per an industry study, highly engaged teams show 21% greater profitability.
Satisfied employees are also open to new ideas or new methods to achieve their work objectives. Employees who are happy and engaged not only do their best but also motivate and encourage their colleagues to perform to their full potential.
Still Asking, why should my Company celebrate Employee Appreciation Day?
Let’s quickly flip that question around and ask: why shouldn’t your company celebrate Employee Appreciation Day? Treat your staff right and give them something truly memorable to look forward to and they will stick around. They will support you and stay with you through the tough times and work hard to become the exemplary and loyal employees you need and want.
How do we show our appreciation?
This is a great opportunity to tell your employees that you value them. Keep the momentum going during the first quarter of the year. You don’t have to confine your appreciation to this one day; There’s no wrong time or way to reward your team or show your gratitude – if it’s genuine, it’s always welcomed.
What should we do then?
You can do anything! Check out our article on : 10 interesting and affordable ideas for Employee Appreciation Day! Why not throw a party? Have a staff outing? Share out some gift vouchers? Have a banquet at work? Host a sporting match? You can be as inventive as you like. All we suggest is that if you’re going to acknowledge Employee Appreciation Day do it with a light heart, make it count and make sure it’s well communicated. Don’t forget to have fun!
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