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Employee Recognition Is a Tool To Achieve High Performance



 

Performance of the employees is the reason for the organizations to achieve their strategies and to have a sustainable competitive advantage. It is the main task of the organizations to increase the performance and productivity of the employees using appropriate tools.

Employee recognition is the open acknowledgment and expressed appreciation for employees’ contributions to their organizations. Employee recognition is used by many organizations to motive, enrich and energize their employees to achieve organizational goals and objectives (Imran et al., 2014). Recognition can take many forms. The organizations placed attention on financial rewards and non-financial rewards as recognition to motivate and appreciate their employees.

According to Luthans (2000) though financial rewards satisfy and enhance the performance of more employees, there are committed employees who expect some recognition in order to keep them motivated, appreciated and committed.

Harrison (2005) stated that the organizations have to focus on effective recognitions. It occurs with strong supportive culture where the organization understands the psychology of appreciating employees for their good work. By employee recognition they encourage other employees to initiate working relationship.

Employee Recognition Programs



          Source : Employee recognition: Perspectives from the field. American Psychological Association

According to Punke (2013) recognition should be maintained based on performance basis and value basis. Saunderson (2004) mentioned that there are three types of recognition; formal recognition, informal recognition and everyday recognition.

Formal Recognition – Rewarding and recognizing individuals, teams and departments on a company-wide level performing actions that work beyond ordinary work expectations. Mostly the priority is given to the employees who have done many years of service (Punke, 2013).

Informal Recognition - Basically focus on performance achievements and goal accomplishments by individuals or teams that may take place monthly or quarterly. It includes low-cost awards, refreshments, incentives, gift cards, and certificates. (WorldatWork Report, 2011).

Day-to-day Recognition - Is a recognition practice taking place frequently (daily or weekly). It includes low or no cost. These kinds of recognitions are immediate; intangible can be given to all employees like Positive feedback given on interpersonal skills (WorldatWork Report, 2011). 


Importance of employee Recognition

If the organization does not focus on employee recognition, it is missing the productivity of the workforce day by day. Companies practicing recognition enjoy the high employees' engagement and performance.


                    

                                                  Source: HiFives

Recognition is effective in the following ways,

1. Improved employee engagement

2. Employees’ productivity is boosted 

3. Increased employee retention

4. Employees are highly satisfied

5. Expected cultural transformation


Conclusion

Employee recognition programs have become more popular due to limitation of monetary rewards, because monetary rewards lead to motivate only up to a certain level.  But non monetary rewards – employee recognition enables individual to better understand that their work is values and appreciated. This will help to improves morale, enhance loyalty and employee retention rate in the organization. Therefore the mangers commit reliable resources to the design and implementation of employee recognition programs to yield better outcome.

Management should consider the employee recognition as an investment rather than a cost and should provide meaningful and valued recognition. They should evaluate recognition programs and ensure that the recognition programs fulfill the expectations of the organization as well as the needs of employees.  There should be fairness and equality in the designing and implementing of a recognition program.


References

Harrison, K. (2005). Why Employee Recognition is so Important. Retrieved from www.cuttingedgepr.com

Imran, A., Ahmad S., Nisar, Q. A. & Ahmad, U. (2014). Exploring Relationship among Rewards, Recognition and Employees’ Job Satisfaction: A Descriptive Study on Libraries in Pakistan. Middle-East Journal of Scientific Research, 21 (9): 1533-1540, 2014

Luthans, K. (2000). Recognition: A powerful but often overlooked leadership tool to improve employee performance. Journal of Leadership Studies, Vol. 7(1).

Punke, H. (2013). Best Practices for Developing an Employee Recognition Program. Retrieved from www.beckershospitalreview.com/.../best-practices-for-developing-an-employee-recog...

Saunderson, R. (2004). Survey Findings of the Effectiveness of Employee Recognition in the Public Sector. Public Personnel Management, 33(3): 255–276.

Grawitch, Matthew J. (Ed) & Ballard, David W. (Ed). (2016). The psychologically healthy workplace: Building a win-win environment for organizations and employees , (pp. 181-198). Washington, DC, US: American Psychological Association, viii, 272 pp.

WorldatWork Report (2011). Retrieved from https://workspanpublic.s3.amazonaws.com/JANUARY2011.pdf

Comments

  1. Manoj JudeDecember 18, 2021 at 2:35 AM

    Good Topic......true, if you perform well- you will be recognized and be rewarded.......... This is what should happen, but is it...? Not every time do employees being awarded or recognized for their excellent and honest work. Most of the Institutions and organizations need to develop this culture of recognizing individual performances and awarding them

    ReplyDelete
  2. Imashi DayaratnaDecember 18, 2021 at 7:58 AM

    Workplace recognition motivates, provides a sense of accomplishment and makes employees feel valued for their work. Recognition not only boosts individual employee engagement, but it also has been found to increase productivity and loyalty to the company, leading to higher retention.

    ReplyDelete
  3. ARSHAD MBADecember 18, 2021 at 9:18 AM

    Performers should get recognized it means a lot for their hard work and commitment, and it will create a better environment in work place to be proactive.

    ReplyDelete
  4. Benjamin ThasonDecember 18, 2021 at 9:32 PM

    Employee recognition is one of the key factor which is not practiced by many organization in the current trend , recognizing them will motivate and encourage them to work more effectively towards the organizations well being , more happier the employee contributes more towards the organization

    ReplyDelete
  5. Tharaka Pathirana December 19, 2021 at 12:36 AM

    Recognition of employees in an organization gives high performance. According to the corporate code, employees can be promoted to higher positions, such as promotions, and cash prizes can be awarded, but cash prizes should not be continued.
    Corporate management should also be concerned about the extra cost to an organization, the fact that the employee can do all the work on cash, and fraud.

    ReplyDelete
  6. MafadDecember 19, 2021 at 7:51 AM

    Employee reward and recognition programs are a very effective way to motivate employees.

    ReplyDelete

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