Saying employee recognition is important would be an understatement. In fact, a lack of employee recognition is the number one reason why Americans quit their jobs.
In today’s digital world, things move fast—so fast that managers often forget to stop and recognize their employees’ achievements in a way that makes them feel appreciated. When they take the time to do so though, the results are very positive.
With that said, here are some of the ways that employee recognition can have an impact.
How employee recognition increases workplace productivity
According to a survey conducted by SHRM, companies that implement a strategy for employee recognition have a 23.4% lower turnover rate.
Needless to say, the costs associated with a high amount of people coming and going are huge.
Screening, interviewing, and advertising can already add up to quite a bit. Then with onboarding and training costs, the whole situation is better averted as long as the employee is good at their job.
In fact, reduced productivity can cost an organization a ton on its own. It can take months for a new employee to add value to a company, not to mention the fact that you’ll essentially be short by one person until they’re up to speed.
An employee leaving can also have a major impact on the morale of your team. If they were loved, it can really weigh on the minds of the remaining team members. This is yet another reason why managing employee morale is incredibly important.
Isn’t giving gifts enough?
Gift cards, bonuses, and other incentives are great, but they miss the mark. A recent Officevibe survey found that 82% of employees prefer recognition of their hard work over a gift.
Letting them know in a more personal way will keep them motivated. They’ll want everyone they work with to know they are working hard too, so make sure the entire department catches wind.
How often should you recognize employees’ hard work though?
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According to findings from Gallup, you should praise your employees a minimum of once per week.
But with super busy managers, how can you do that without cutting too much into their current schedule? And how do you make it look and feel authentic?
Using employee recognition boards or broadcasting employee praises on other kinds of office digital signage is an ideal solution. Not only that, they allow peers to chime in at the click of a button.
Employee recognition doesn’t have to come just from an employee’s manager. Including peer-to-peer recognition along with praise from management increases the likelihood of a positive impact on revenue by 35.7%.
Team members can post their own praise to digital recognition boards that let everyone know when someone they work with went the extra mile. They can also add comments or ‘likes’ to existing messages from management or other team members. This will result in stronger bonds among employees and higher morale throughout the company.
Digital recognition boards as opposed to just verbal praise
Let’s face it, the impact from a momentary compliment doesn’t last long. Think about it. If your boss tells you that you did a great job, by the next day you’ve practically forgotten it already.
Vocalizing praise simply isn’t as impactful as having it written down for the entire office to see. And every time the team member in question walks by or glances up at their name bright and bold on your digital screens, it’ll make them feel good.
What exactly is digital signage?
Digital signs are essentially screens that you can use for just about anything you want. Nowadays, they’ve become an integral part of many company’s corporate communications strategy.
They allow you to make announcements, display live data, incorporate tools, and much more. Not only are they extremely useful, they’re attention-grabbing. With attention spans shrinking more and more these days, reaching employees with something fresh and familiar like digital screens will simply be more effective than other methods.
Digital solutions for recognizing employees
Created using TelemetryTV's Notice app
There are literally hundreds of apps you can use with your office digital signage, but some of the most useful for employee recognition in particular are the Contact app and the Notice app.
With these two, you can simply locate the team member you want to praise using the Contact app, and then use the Notice app to quickly and easily post some kind words or even multimedia to show your appreciation.
It can all be done remotely from your dashboard, and can even be incorporated into your existing content whatever that may be.
Additional benefits of digital signage communication in the workplace
Created using TelemetryTV's Events App
Effective communication in the workplace is essential, so enhancing that in any way possible should go without saying. With digital signage, your team members can collaborate in ways that make sharing live data, meetings, and streamlining information much, much easier.
Digital signage does more than just take employee recognition ideas to the next level. Whether it’s digital meeting room signage, digital bulletin boards, or even tablets at employees’ desks, digital screens are a game-changer for a huge variety of industries.
With a network of digital signs and a multi-purpose content management system (CMS) that is designed for communications, you can greatly enhance performance around your office. Check out TelemetryTV’s comprehensive solution now for a 14-day free trial.