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The Power of Recognition

This week, Mike has generously provided a pdf resource from Terryberry to help ensure your virtual recognition events are meaningful.

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About This Episode

For leaders dealing with hiring and retention issues, employee recognition is probably not their top priority. But Mike Byam believes it should be. In this episode, he’ll explain why recognition is vital for a healthy work culture, and he’ll break down the specific types of recognition and communication that today’s employees are looking to receive from their employers. 

Leaders should walk away from this episode with a clear understanding of why recognition matters, as well as actionable steps they can take to build recognition into the routines of their business.

1. Maintain a frequency of recognition. There are obviously so many things that we measure in business today, and we have to celebrate when we achieve it. Your employees probably want to see recognition across the organization, and it shouldn’t be limited to a single channel.

2. Make your recognition meaningful and timely. When you’re making recognition meaningful, you focus on making sure the words of appreciation are specific about the contribution. They’re also timely. The closer you are to say something when you see something the better.

3. Most organizations have something in place to recognize tenure. When we think about performance and incentive awards, these are great objective tools for recognition and acknowledging measurable contribution. These are programs you’re probably familiar with, such as milestone awards, sales  incentives, customer feedback and communication and safety award programs. If you’re a KPI driven organization, there are always ways to celebrate reaching and exceeding goals there.

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