Microsoft Teams has been making a big splash in the world of workplace communication tools. More than doubling their user base in the past year, they now have even more active users than their top competitor, Slack.
We have a very exciting announcement! In November of 2019, Preciate was approved as a Certified B Corporation for the first time. After becoming a public benefit corporation in July of 2019, this was the clear next step to further our commitment to do the best we can for the world. Preciate is proud to now be a part of the community of businesses who believe in the power of purpose.
Employee engagement is an increasingly important metric for companies of all sizes to track throughout their lifetime. From employee satisfaction and happiness to retention and productivity, there are a huge number of benefits correlated to improving the level of employee engagement.
Employee engagement has been getting a lot of attention recently. From the well-known Gallup survey to articles in Forbes and beyond, it's a topic that has infiltrated the world of business. And for good reason, too.
Engaged employees have been shown to perform better, be less likely to quit, and be happier and more motivated. For companies, this translates into higher profitability with the same number of employees. It's a win-win.
Whenever the topic of employee engagement and performance comes up, it isn't long before people start talking about the concept of discretionary effort. A truly engaged employee will put in discretionary effort when it comes to their career.
But what does discretionary effort mean? Discretionary effort refers to the amount of additional effort, beyond what is already expected, that an employee is willing to put in to their work.
Depending on where you work, the attitude towards recognition programs and employee engagement can range significantly. While some company leaders continue to believe that simply paying their employees is enough, a steady stream of modern research says otherwise. Rather than financial incentives, it's appreciation and the intrinsic motivation that comes from it that leads to optimal employee engagement and performance.
Let's jump into four of the most impactful benefits of peer-to-peer appreciation and what you can do to start getting those benefits today!
With the frequency that we hear the terms "diversity" and "inclusion" today, it's fair to say these concepts have made their way into mainstream conversation. No longer confined to the Human Resources department, workplace diversity and inclusion are becoming key topics when discussing an overarching business strategy.
Relationship-Oriented Team Building to Improve Company Culture
Whether it's planning ice breaker events for newly formed teams or freshening up engagement for groups who have worked together for years, team building can certainly be a challenge. Companies have a lot to think about, and sources of employee motivation can tend to get blurred by certain external rewards. If you're an employee tasked with team building efforts at your company or someone who just wants to motivate your group, check out our list of 106 relationship-focused ideas to promote team bonding and engagement.
Inspiration for Complimenting Your Coworkers
As we know, employee recognition is one of the most important areas to keep up with in the workplace; it can help with many companies' greatest concerns such as diversity and inclusion and employee motivation. Most of all, recognition feeds employee engagement, which leads to more employee happiness.
Whether you're a business leader, student, or mid-level employee, you probably want to feel confident and be successful. Generally, leaders are already fairly confident and are trying to encourage their teams so they feel more self-assured. On the other hand, many individuals still grapple with a lack of self-confidence.
No matter who you are, understanding the connection between recognition and confidence will help you find success.