The importance of employee recognition schemes

Appreciation is a fundamental human need and provides motivation for people in all aspects of life. In the workplace, we believe this is vital and ultimately contributes towards a successful and thriving business. Whether formal or informal, acknowledgment of an individual or teams behaviour, effort or business result, can greatly support an organisations goals, values and is instrumental in achieving a happy work environment. Praising employees for the valuable and worthwhile work they are doing creates a sense of achievement and makes people feel happy, this in turn can prompt further positive results.

The first step to implementing a successful recognition scheme is actually in being able to realise & identify that there are opportunities to praise someone for their endeavours and the benefits this can have for your business. If you do not look for occasions to praise people within the workspace, the good work your employees do will be overlooked; Lack of recognition and reward in businesses can be a major contributing factor in employees choosing to move on to new roles in different companies. However, this can easily be rectified through the act of acknowledging the efforts your employees put in by using a recognition scheme. At MYT, we can help you do that…

We support businesses in running recognition schemes to ensure that employees are rewarded for the hard work they do. By managing all aspects of the reward schemes we take the pressure off you as a business: from looking after the daily admin, logging nominations, sending out awards, coordinating any financial incentives if required and simply being a friendly voice available at the end of a phone for people if they have any queries about the scheme. We are also able to manage or assist in organising award ceremonies or events to further recognise and reward the work of your employees.

There are many different ways we believe you can implement to praise your employees. Day-to-day recognition through spontaneous praise is always effective in lifting peoples’ spirits and motivating them to continue to work hard. This is especially relevant in an age of constant emails and digital technology as it gives a much needed personal touch. The same is true of receiving a physical letter and certificate recognising your contribution to a business over a period of time, or for specific acts that have gone above and beyond the usual call of duty. However, we realise that creating awards to send out and co-coordinating this can take a considerable amount of time and we know that many businesses do not have time to organise this in-house. By giving MYT this responsibility, the pressure is taken off your shoulders as a business, but ensures you are still able to reward your employees and recognise their valuable contributions to your business.