By: Cord Himelstein, Vice President of Marketing and Communications, Michael C. Fina Recognition
The U.S. Bureau of Labor Statistics reports that in some industries, the average job tenure has shrunk to little more than two years. Now more than ever, building relationships and introducing new employees to the company culture early on is critical to fostering long-term loyalty. The first days, weeks, and to a larger extent, the first year at a company is a crucial time when the employee decides if their new job is a good fit. That’s why 23 percent of new hires turnover before their first anniversary. Replacing them also costs between 16-20 percent of their salaries!
No matter the employee, everything must be done to make those first moments of connection rewarding and invigorating. Integrating employee recognition into onboarding creates great opportunities for companies to connect with and support employees as they adjust to the culture. Even though layering employee recognition efforts into onboarding efforts can boost early engagement, a recent Michael C. Fina Recognition survey of HR professionals showed that only 33 percent of organizations currently do so. For shame!
A commitment to recognizing workers prior to their first day, on their first day, and throughout the first year of employment can help accelerate cultural adoption and greatly increase the chances of them staying longer. These efforts need not break the bank either. Here are some of the most popular budget-minded ways organizations are helping new hires feel welcome:
Onboarding Kits: Offering a customized onboarding kit with a personalized gift—and making an employee’s first day a recognition event—can help a new hire get acclimated more quickly. This can be something as simple as a swag bag with a customized t-shirt and other personalized gifts, although some companies create an entire onboarding experience to introduce employees to company values, expectations, and the overall work journey.
First Day Festivities: Many organizations celebrate employees on their first day with a special breakfast or lunch with coworkers. This is a great opportunity to make personal connections with peers—an important factor in retention. Also, making sure managers spend a good amount of time on the introduction process can ease any anxiety a new hire might have as well as speed up the acclimation process.
Extra Manager Involvement: Beyond introductions to the team, establishing a positive manager-to-direct-report relationship is a silver bullet for voluntary turnover. According to Gallup, only 1 in 5 employees say their performance is managed in a way that encourages them to do outstanding work. Setting regular progress meetings and having informal touch-base conversations help ensure the new hire knows someone is always available for consultation and support.
The onboarding phase has grown in importance over the last decade but with job tenures shrinking it is becoming mission-critical. Integrating recognition program strategy with the onboarding experience is the best way to encourage personal relationships, show new employees your commitment to their satisfaction, and start building loyalty and engagement from day one.
Showing posts with label recognition. Show all posts
Showing posts with label recognition. Show all posts
Wednesday, August 23, 2017
Wednesday, December 28, 2016
The Hidden Benefits of Giving Recognition Instead of Receiving It
By Gary Beckstrand, Vice President at O.C. Tanner
The benefits of feeling appreciated and recognized at work are routinely examined in studies, but it’s not often that people examine how recognizing employees affects the giver. Is there more to be gained from recognition than just receiving it?
Recently, my company, O.C. Tanner, conducted a survey of more than 3,400 working professionals from countries around the world to explore how giving recognition in the workplace impacts the giver and, in turn, overall company culture—specifically from an employee’s perspective.
Millennials Love It
We found that employees who frequently give recognition feel more confident and are more driven and dedicated to the success of their organization. This is especially true of millennial workers. According to our survey, four out of five employees say that recognizing someone else¹s achievements makes them want to work harder, and millennials said this most often. Although it has been reported that millennials crave instant recognition for themselves, 85 percent of millennials also feed off of recognizing others.
Those Who Recognize Do Better Work
What’s more, people who give recognition are more motivated in their jobs, are more confident in what they produce, and feel like they do better work. From our findings, 90 percent of employees who said they ‘always’ give recognition to employees feel that their work in the past 12 months has represented significant innovations when compared to the norm. The percentage goes down as frequency of giving goes down.
Still, People Are Hesitant
Some people don’t give recognition because they don’t feel they’re in a position to do so in their office. The study also found that one in five employees don’t feel empowered to give recognition at work. Management can address this hesitation by promoting a culture that encourages recognition from every employee, regardless of position or tenure.
Although frontline employees may feel like it’s not their place to give recognition, it’s in an organization’s best interest to do what it can to dispel that perception. Encouraging cross-level recognition doesn’t require large expenditures—team members can simply tell their coworkers that they recognize and appreciate their work.
Promoting Giving
Changing the focus from receiving to giving recognition may actually enhance employee engagement and an elevated workplace culture faster. Individuals are likely to have fewer opportunities to receive recognition than they do to give recognition. In other words, an employee does not have to wait to receive in order to gain all the benefits of recognition. It may indeed, be better to give than to receive.
The gains of giving recognition are clear, and organizations should reevaluate how they can better nurture a culture that fosters recognition, not just for the recipients’ sake, but also for those giving it.
The benefits of feeling appreciated and recognized at work are routinely examined in studies, but it’s not often that people examine how recognizing employees affects the giver. Is there more to be gained from recognition than just receiving it?
Recently, my company, O.C. Tanner, conducted a survey of more than 3,400 working professionals from countries around the world to explore how giving recognition in the workplace impacts the giver and, in turn, overall company culture—specifically from an employee’s perspective.
Millennials Love It
We found that employees who frequently give recognition feel more confident and are more driven and dedicated to the success of their organization. This is especially true of millennial workers. According to our survey, four out of five employees say that recognizing someone else¹s achievements makes them want to work harder, and millennials said this most often. Although it has been reported that millennials crave instant recognition for themselves, 85 percent of millennials also feed off of recognizing others.
Those Who Recognize Do Better Work
What’s more, people who give recognition are more motivated in their jobs, are more confident in what they produce, and feel like they do better work. From our findings, 90 percent of employees who said they ‘always’ give recognition to employees feel that their work in the past 12 months has represented significant innovations when compared to the norm. The percentage goes down as frequency of giving goes down.
Still, People Are Hesitant
Some people don’t give recognition because they don’t feel they’re in a position to do so in their office. The study also found that one in five employees don’t feel empowered to give recognition at work. Management can address this hesitation by promoting a culture that encourages recognition from every employee, regardless of position or tenure.
Although frontline employees may feel like it’s not their place to give recognition, it’s in an organization’s best interest to do what it can to dispel that perception. Encouraging cross-level recognition doesn’t require large expenditures—team members can simply tell their coworkers that they recognize and appreciate their work.
Promoting Giving
Changing the focus from receiving to giving recognition may actually enhance employee engagement and an elevated workplace culture faster. Individuals are likely to have fewer opportunities to receive recognition than they do to give recognition. In other words, an employee does not have to wait to receive in order to gain all the benefits of recognition. It may indeed, be better to give than to receive.
The gains of giving recognition are clear, and organizations should reevaluate how they can better nurture a culture that fosters recognition, not just for the recipients’ sake, but also for those giving it.
Wednesday, November 30, 2016
Meaningful Technology
Empowering the emotional impact of employee
recognition
I think we
can all agree that employee recognition plays a huge part in the ongoing
success of today’s businesses. Engaging, connecting, and empathizing with your
employees strengthens your relationship with them and helps create a work
culture that fosters greater feelings of being valued, increased productivity,
and enhanced performance for your entire organization. Simply put, by “telling
them,” you create meaningful connections that deliver measurable results. But
how can you maintain authentic, meaningful connections in your employee
recognition program when you have 100, 1,000, or more employees? The answer is technology—technology
that allows you to work in a meaningful, yet effective way.
Emotionally Impactful Enterprise
Effectiveness
Efficiency
in your business’ tools, procedures, methodologies, and processes are key to
enterprise effectiveness for your business. And when it comes to employee
recognition, it’s truly no different.
While
face-to-face communication is the best way to recognize an employee achievement
or milestone, turning to a technological solution doesn’t have to mean losing
warmth or emotion. In fact, technology can make an enterprise-wide recognition program
more authentic and meaningful while being efficient. To do this, it must
deliver speed, service and scalability in the following ways:
Speed—the
ability to recognize, react, and reinforce the employee behaviors and
accomplishments that matter most, when they matter most. Speed in your
recognition program shows that you care enough to make their moment a priority.
Service—Your technology solution’s ability to give the right people in
your organization the right tools to grow the relationships that benefit your
business. By empowering them with resources that give them real-time, reaction
capability, they can respond on the fly and recognize on the go.
Scalability—An employee recognition solution must ideally offer a platform
that is nimble and responsive to the changing needs of your business over time.
The technology needs to provide the consistency, clarity, and control that make
your job easier, your employees happier, and your bottom line the happiest.
A Note on Scalability
Why are
consistency, clarity, and control so important to scalability in an enterprise-wide,
recognition solution? Simple. They preserve the continuity, message, and
security of your brand, mission, and vision.
In short, scalability
ensures your employee recognition solution remains consistent across your
organization in how it’s managed, used, and most importantly, received.
Scalability from
a technology must offer clarity by providing the tracking, measurement, and
reporting a business needs to gauge effective and efficient performance of the
program.
Scalability
helps preserve security when the technology actively administers and monitors a
business’ rules, obligations, and checks and balances in order to maintain
compliance.
Recognize the opportunity
Please don’t
believe that a technology solution can effectively replace the ol’
face-to-face. It can’t and shouldn’t ever happen. People thrive on human
interaction and always will. But, leveraging technology correctly can help your
organization build and strengthen relationships when being together isn’t
possible. Whether it’s because of a physical distance or a logistic issue, a
technology employee recognition solution can fill the gap and ensure a special
moment isn’t missed or delayed when it comes to recognizing and celebrating the
employee responsible. “telling them,” says a lot about you. And when done in a
timely, authentic and sincerely way, it helps your employees and your business
thrive.
Jonathan
McClellan leads the employee recognition business unit at Hallmark Business
Connections, providing strategic leadership and employee enrichment solutions
for Fortune 500 performance-centric businesses.
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