The only way to keep employees in a company by recognizing their needs and responding to them.
This is “Before-The-Fact-Recognition” and creates sustainable motivation that will last even through a financial crisis – as opposed to “After-The-Fact-Recognition” which consists mainly of rewards (for achievements) and only gives short boosts of motivation (as long as the rewards keep coming).
If you give people a chance to grow, to be involved, if you make them feel valuable by giving them a chance to make a difference (to the company, their colleagues, your clients, etc.), if you ask them for their opinion, so they feel respected and important and if you openly communicate your concerns and that you do recognize their needs – then you’re creating a relationship (a psychological and emotional bond) with your employees that they won’t break just because someone offers them more money.
Filed under: Articles on Recognition in the workplace | Tagged: After-The-Fact-Recognition, appreciation, Before-The-Fact-Recognition, Communication, Employee Engagement, forms of recognition, Happiness at work, How to become a great people manager?, motivation, people management, Recognition, Respect, Staff retention, Staff turnover, Team bonding, The number one motivator | Leave a Comment »
