A handwritten note from an executive. An award to honor years of service. Maybe even a personalized gift from a manager. For most companies, the responsibility of recognizing and appreciating employees typically falls on management.
However for the modern workforce, peer-to-peer recognition is much more impactful than traditional methods of recognition. Why? Peer recognition provides timely, specific, and consistent recognition to your employees.
Peer-to-peer recognition is a form of recognition given to co-workers by co-workers. In other words, feedback and recognition that comes directly from those an employee interacts and works with the most.
Peer recognition doesn’t have to be complicated or need planning. It can be as simple as an email or Microsoft Teams message saying “thank you.”
A simple thank you encourages employees and helps productivity, teamwork, and morale. Positive feedback and recognition lead to increased employee engagement. All variables that also increase your bottom line.
Here are some of the benefits of peer-to-peer recognition:
Public recognition is a great way to celebrate achievements, big or small.
Recognition given in public channels like Slack, during a meeting, or on your employee recognition platform is a huge motivator for employees. It also encourages employees to participate in the celebration, which only drives motivation further.
Public recognition also gives employees a chance to celebrate wins, whether they’re in the office or remote.
Simple recognition like saying “thank you” or “great job!” is never underappreciated.
Send an email, eCard, or handwrite a note.
If you want your peer recognition program to deliver the greatest impact, award your employees with peer-to-peer points they can use to honor their co-workers.
At C.A. Short Company, we give each employee a set of points they can award to their team members in the form of eCards.
If the points aren’t assigned to their peers within a certain time limit, they expire. Employees can then redeem their points for the reward of their choice.
Activities like these help to train your employees to look for ways to recognize and appreciate their peers, to look for the good, and to give instant feedback about their co-workers’ performance.
One of the most effective means of achieving peer recognition is by implementing an employee engagement and recognition platform. Utilizing sophisticated yet easy-to-use software, you can bring total recognition to the forefront of your workforce. With the right tools in place, you can develop robust processes that promote genuine appreciation among peers, regardless of where they are located, in a relaxed and social atmosphere.
Employee recognition software lets you connect all your employees virtually no matter where they’re physically located. It helps set the stage so employees can see each other’s achievements and applaud peers, which are some of the basic catalysts for raising engagement.
Editor's Note: This article was originally published on May 23rd, 2018 and has been recently updated.