When employees first join an organization, they are motivated, engaged and ready to face any and all opportunities head-on. Sadly, it is often the case that these same eager employees end up watching the clock and lose interest in making a difference.
Ready for a staggering stat? Based on the research of Gallup, 70 percent of employees are disengaged in the workforce. This can result in a 30-50% higher turnover rate than competitors with a highly engaged culture.
Yes, there are many areas of which organizations can focus, but one of the most important is appreciation. Appreciation, demonstrated in many different forms, is a highly effective way to increase engagement and lower turnover rates.
Here are a few tips that will positively impact your organization:
As a leader of your organization, it’s your responsibility to provide consistent recognition and appreciation for your employees. Appreciation should be meaningful, deliberate and have purpose. If employees feel that the appreciation is not genuine, they will see through your efforts, leading them to look for other opportunities.
Leaders who continually show purposeful appreciation for employees can encourage employee loyalty and a culture of engagement. Be certain to engage your team with meaningful appreciation!