Recognizing employees on the job is not only smart, but it can benefit a company immensely. Employees who receive recognition on a regular basis will generally be more motivated and experience greater job satisfaction. There are several ways to recognize quality work.
An ongoing recognition program can spur increased productivity among workers on a regular basis. This type of reward can be tied to specific goals or even attendance records, according to "Employee Recognition Can Be As Simple As Saying ‘Thank You,’ " at Bankersonline.com
Another type of recognition honors outstanding performance. Employee-of-the-month awards are an example of this type of recognition. People who generate direct revenue for the company may receive bonuses or cash rewards.
A simple pat on the back or note can serve as a form of recognition. This is considered positive reinforcement that can work well for people who write reports or spearhead projects.
Length of Service
Recognizing an employee's length of service can be highly effective in demonstrating the company's appreciation of loyalty and commitment. It is best to form a committee for designing this type of reward system.
It is important to tie employee recognition directly to company goals and objectives -- those that make an impact. Also, every employee should have an equal chance of being recognized.