Recognizing your employees is by far the most important thing that companies can do to increase retention and lower turnover.
More important is that employees value praise more than gifts. Our stats are showing that more than 300k engaged people received 54% thank awards against 46% monetary awards. This makes it even better as managers do not need to spend penny for gifts, they simply need to recognize their employees for a job well done!
Not being recognized for your work, is one of the most frustrating things that can happen in an organization. This is affecting the happiness of your employees. Knowing this, it is surprising when statistics show that 72% of the employees get praise less than once per week.
Only 23% of the employees stated that are feeling happy at work!
Would you like your employees to be happy?
Feedback is one of the most important parts of growing as an employee. And while most managers don’t enjoy giving feedback, employees love receiving it!
More than 90% of the employees said that receiving feedback regularly is a good thing.
Managers can affect the employee’s behavior & make them better employees by giving feedback. And not only managers – It is important to create a culture of feedback in your organization where everyone is helping everyone get better.
83% of employees really appreciate receiving feedback, regardless if it’s positive or negative. They just want feedback so they can get better. Employees can’t grow if managers don’t provide them with information about their work, keep micromanaging & don’t offer professional education to them.
It’s so important for employees to understand why they do what they do, and how they did it.
Does your organization have a great hiring and onboarding process? Have you clearly defined employees’ goals? What do they think about the organization compensation & benefits program? A lack of clarity brings confusion, which leads to stress, which leads to disengagement.
Help HR organizations and line managers to make analytical decisions on employee feedback. Now, knowing which resources to mobilize is data-driven — not gut feel!
The employee Net Promoter score (eNPS) is one of the best measures of loyalty and happiness as it looks at the willingness of employees to recommend your organization and its product/services. This is very important as 57% of the employees wouldn’t recommend their organization as a good place to work, and only 9% wouldn’t recommend their companies products.
This clearly states that people are more likely to recommend their company’s products than the actual culture itself.
31% of employees wish their manager communicated more frequently with them. Employees want to connect as this has huge effect on their employee engagement. More than third of them said they never spend time with their manager outside of work.
With Healtain managers can spend more time with their employees, while get in shape and release stress. Just set up a manager-employee running goals and do some workout with your employees. It’s great to mention that based on fulfilling the given goals everyone can be rewarded through the JobPts app too, and exchange that reward for something meaningful.
There is a serious crisis going on in terms of employee wellness. 60% of employees notice that their job is taking a toll on their personal life. It is crucial companies today to take care of their employees as healthy, wellness employees can handle stress better, work harder, help other and are more efficient and more engaged.
Healthain enables companies to engage employees, bring wellness into their lives and reward them for participating.
Remember, there is no such thing as too much communication. Employees many times get distracted on daily bases, and lose direction of their work processes. Companies need to be doing a better job of preaching the mission, the core values of the organization & better organize the work processes
BoardFlo offers all the pieces that you need to improve your work.