In today’s corporate world, recognition of employees is more important than ever. With the current emphasis on employee satisfaction and engagement, organizations are increasingly turning to recognition as a way to thank their employees for their dedication. But with so many types of employee recognition to choose from, you might not know which one is the right one.
In this article we have compiled a list of 6 types of employee recognition which are beneficial for any employer to know.
But first, we recommend you get to know this topic about recognition. We have written an introduction on recognition in the following articles – Why Employee Recognition Is Important and What Is Employee Recognition.
Let’s get started!
1. Public recognition
Praise for an employee’s work in public is given in a setting where others can see it. This can include praise that is expressed verbally during live occasions like conferences or meetings as well as written praise from emails, posts on social media, and business updates.
In one study, 83% of the organizations polled discovered that social recognition had a measurably good influence on worker engagement. Making it a highly effective and sought-after kind of acknowledgment.
2. Private recognition
Private recognition, as opposed to public praise, entails complimenting an employee privately. This can be accomplished by speech, email, or even a handwritten message. This kind of acknowledgment, which is frequently thoughtful and unique, can demonstrate to an employee that you have given great consideration to them and their work.
Private praise from managers was shown to be motivating for 88% of employees in a study supported by the employee motivation company Make Their Day. Therefore it sure is among the types of employee recognition to consider.
3. Peer-to-peer recognition
Our next choice on types of employee recognition is one called peer-to-peer recognition. Employees that participate in peer-to-peer employee appreciation have their efforts recognized by peers or coworkers rather than management.
This acknowledgement, whether it is given in private or in public, might be appreciated because it comes from a person who may work closely and frequently with the employee.
Managers may not always be able to recognize peers, but they may encourage it by creating peer feedback systems or by encouraging uplifting conversation at gatherings or events.
4. Leader-to-team recognition
The next type is a leader-to-team recognition. When a team leader acknowledges and appreciates a team member’s work, they foster a healthy work atmosphere. That way they also inspire their group to value one another’s contributions.
An employee’s motivation to work more and achieve even more is increased when they receive compliments and supportive feedback from a leader. That is the one person they surely look up to. Therefore team members frequently look to their leaders for support and affirmation.
Giving recognition this way can be a good way to improve the whole team’s environment and relationships.
5. Everyday recognition
Some company cultures include everyday recognition. Daily acknowledgment like that contains brief but significant remarks or messages that express gratitude and understanding of each employee’s commitment.
When collaborating or providing feedback, it’s also helpful to include encouraging words or messages. That helps foster an environment where constructive criticism is welcomed rather than criticism itself. Employees will consistently be reassured and inspired by little, sincere gestures of praise or mentions of great work.
6. Bonuses and work benefits
Bonuses are a very popular type of recognition. The value placed on an employee’s work is demonstrated through bonuses and other financial rewards. When an employee fulfills a goal or performs well, giving them a little incentive can help foster a culture of drive and unprompted praise.
Holiday bonuses and financial incentives like commissions also show recognition for employee’s efforts and express thanks.
In conclusion
These are some of our favorite types of employee recognition. Those can also be categorized by verbal and non verbal, for example. There are quite a few types of recognition therefore aligning them with your employees is always the goal.
Understanding the value of employee recognition and the difference it can make in motivating employees is very crucial.
We hope this article helped you out!
