It Pays to Recognize Employees and It is Time to Start Again

The “Recession” has severely damaged many businesses.  Successful business managers and owners are always concerned with “ROI” (Return On Investment) and the “Bottom Line” (Net Profit).  Payroll and other employee related expenses significantly affect both of these figures.  That is why jobs and benefits have to be eliminated when the revenue from sales decreases.

But employees are human and play a major part in a company’s “Productivity” which also affects ROI and Profit.  In an ideal business world, during a recession, lower productive employees should be the ones losing their jobs.  This would leave the most productive employees still working and they would be asked to do even more.  This may not happen in the real world but either way, the employees still working are generally expected to do more than they had been doing during “good times”.  No matter how good the battle cry might be or how loyal the employee or how strong the team, morale will begin to decline over time. Why?  Because recognition programs were one of the first expenses cut and now the best employees are feeling overworked and under appreciated.

It is time to start recognizing your employees again before it is too late.  “Too late” is when your best employees find a new employer and you offer them anything to stay.  Their reply  “If you had shown some appreciation for all my work, I would have never looked elsewhere.  Now it is too late.”

An award plaque, desktop award or even a special name badge.  If presented in front of their peers by a sincere superior, this token can have a strong emotional impact that translates into a more productive workforce.

Deana