We all want our employees to feel appreciated for the hard work and dedication they put into their jobs every day.
During times of difficulty, we really need to show appreciation for a job well done. Not because we want something in return but because it is the right thing to do.
That’s where peer to peer recognition tools and programs can be so beneficial today.
But first, what is peer to peer recognition?
Peer recognition is the genuine expression of appreciation that is exchanged between coworkers. Although managers are typically tasked with this job, they can get busy at times, making it even better if coworkers and teammates can foster positive communication towards one another in the work place.
Here are 5 ways in which peer recognition can boost business performance:
1. Peer Recognition Provides Room for Feedback
Companies can work more productively and efficiently if they listen to feedback from employees. In a peer recognition structure, employees will feel more comfortable to share their thoughts, feedback, and innovative ideas that can help the company in the long run.
2. Peer Recognition Strengthens Teams
Almost every kind of workplace requires teams to collaborate on a daily basis to get projects done. As we all know, working in a team, balancing different personality types, can be challenging. That’s why team collaboration breakdown is common at many companies.
With peer recognition, more communication will be fostered among teammates for a stronger, happier and more productive workforce.
3. Peer Recognition Boosts Working Relationships
Often, employee ideas and contributions will appear in one department and never make their way to another. With peer recognition programs, employees can communicate and share their ideas in a collaborative way.
From a leadership perspective, peer recognition programs and solutions can help shine a light on ‘Invisible Recognition’. This allows leaders to see how individual employees are being recognised by their team mates and the impact it has on the business.
4. Peer Recognition Boosts Self-Esteem
When employees feel insecure, unqualified, or lacking in confidence to do something at work, they generally just avoid it altogether. But, when employees feel supported and appreciated, they’re more likely to take on a challenge or go the extra mile. Peer recognition will boost up your employees’ sense of self-worth, which will make them more confident workers.
5. Peer Recognition Will Make Your Workplace Happier
Have you ever worked in a place where people count down the seconds until they can leave and go home? There’s nothing worse!
Peer recognition can help reduce employee disengagement.
Actively disengaged employees are unlikely to contribute towards a culture of excellence. Sometimes, a pat on the back or one mention of recognition can help bring about a more motivated and generally happier workplace.
Discover Nvolve’s Employee Recognition Module
Nvolve’s Kudos peer recognition helps you build a culture of recognition across all levels of the business. Learn More