5 Impacts of the Importance of Giving Rewards to Employees
Giving employees the same meaning as appreciating the performance that has been done well by employees. Often companies still do not understand the importance of providing rewards for employees.
If you see your co-workers and employees around you looking lethargic and less enthusiastic at work, don’t be reprimanded immediately. Maybe what he needs right now is just appreciation and respect from the company.
Giving rewards is not only to retain employees, but also to motivate employees to work even better. By giving rewards to employees, it can encourage employees to have more positive behavior and attitudes at work which can increase productivity.
In addition, the provision of rewards can increase employee motivation and loyalty. It is also a way to reward and create positive well-being in an organization. Giving rewards is one way in which companies communicate to employees that they value employees as an important part of the company.
The following are some of the positive impacts felt by employees if the company gives appreciation to employees:
Work becomes more productive
If employees are given more appreciation for their work, of course they will further improve their performance and productivity for the better. Thus, the achievement of the company is also increasing. In addition, if employees are given appreciation and rewards for their hard work by the company, of course other employees will also try hard to get these rewards. So that the company’s performance can run very well.
Employees feel happier
Anyone would be happy if everything they have done is well appreciated, especially if the appreciation and rewards given are commensurate with the efforts that have been made by the employee.
Employees who feel happy and satisfied with what they have achieved can be motivated to do better because of the positive feelings they have for the company.
If a boss treats his staff with respect and gratitude, then that staff member will feel like doing a better job in return.
This positive feeling can also be felt within the company, namely creating a happy and appreciative work environment that makes other people want to be part of the company.
Become more loyal to the company
If employees after being given appreciation and rewards from the company feel happier and more positive with their work, of course they will share positive things about the company with those around them.
Also, employees can promote and sell the company brand much better than someone who doesn’t trust or care about the company.
If the company can appreciate the hard work of employees, the impact felt by the company is that employees can have feelings of loyalty to the company and help the team where the employee is placed and also the company feels an emotional bond with the company organization where he works.
Reduce the resignation rate
If a company can treat all employees well and give appreciation and rewards commensurate with what they do, of course they will be loyal to the company.
The high number of employees resigning and employee turnover of course causes bad feelings towards other employees which makes them think of looking for another company to work better.
The high number of resignations in a company is certainly one of the company’s losses. The time required to find and train new staff affects utilization and costs to the company are high, so retaining staff should be a priority. Rewards give employees a real reason to stay.
Improve company reputation
If the treatment received by the employee is always positive and full of appreciation and reward, then the things that will be shared by the employee are of course positive things about the company where he works. Thus, the company’s reputation can be lifted and make other people want to be part of the company.
Companies that are stingy to give appreciation and rewards to their employees can of course give a bad impression on employees so they decide to leave the company.
This of course affects the company because employees who resign from the company may share their bad experiences while working there.
When an employee resigns from the company, of course bad things about the company where he works will be carried away by you the employee.
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