--- title: The benefits of rewarding and recognising your staff description: Ensuring that your employees feel valued can have a large impact on your workforce, both monetary and culturally. This blog outlines the benefits of rewarding and recognising staff. image: https://www.penguins.co.uk/hubfs/reward%26recognition_header_1.jpg --- Want to talk about your event? give us a call on: [+44 (0)1753 833 811](tel:+441753833811) *x* [![Penguins Events Ltd](https://www.penguins.co.uk/hs-fs/hubfs/Penguins-sep16/images/logo.png?width=193&height=40&name=logo.png "Penguins Events Ltd")](https://www.penguins.co.uk/) ** ** ### Contact us ** ### Subscribe # The benefits of rewarding and recognising your staff 7 Oct 2020 | by [Ami Dorkings](https://www.penguins.co.uk/incentive-travel-blog/author/ami-dorkings) Appreciation is a fundamental human need. Employees value being recognised because it instils within them a sense of pride and value, which in turn goes towards fulfilling company goals such as increased productivity and staff retention. It is no wonder that employee reward and recognition programmes are growing in popularity; they motivate employees to adapt their work habits and everyday behaviours to benefit the business. [Dr Ashley Whillans, from the Harvard Business School puts it well, by saying: “What really matters in the workplace is helping employees feel appreciated”.](https://cuttingedgepr.com/article-collection/) This is particularly true in the current climate. To fully understand the benefits of rewarding and recognising your staff, we have listed four of the key benefits:   ## **Boost team morale**  The top three reasons employees feel unmotivated are: [feeling undervalued (43%), having a bad manager (43%) and a lack of recognition (40%)](https://www.rewardgateway.com/uk/blog/21-key-employee-recognition-statistics). If an employee is appreciated for the work they do, they are more likely to be happier in their role and therefore work harder for the business. Rewarding and recognising staff can be achieved by simply saying ‘thank you’, or [by going above and beyond and providing a weekend away](https://www.penguins.co.uk/incentive-travel-blog/the-power-of-experience-on-employee-reward)! It is an exercise in trial and error - find out what works for your organisation and what motivates your staff.   ## **Increase productivity**  Reward, recognition and [productivity](https://www.penguins.co.uk/blog/how-employee-engagement-drives-productivity) are intrinsically linked. Employees who feel valued are going to work harder for your organisation. [Research shows that employee happiness increases productivity by 31%](https://hbr.org/2011/06/the-happiness-dividend). However, it is vital that you reward and recognise both the big and the small wins appropriately, for example if your sales team surpasses their yearly target reward them with an all-expenses paid meal at a fancy restaurant.   But if you see someone being particularly helpful one week, recognise it with a free breakfast and a note to say you have noticed their behaviour. There are different scales of reward and recognition that should be considered, but the main thing is if you hope to keep staff working at maximum productivity, acknowledge the hard work they’re already putting in.   [![Incentive Insight Issue 2 Website Ad](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/2503545/interactive-139324206990.png) ](https://www.penguins.co.uk/hs/cta/wi/redirect?encryptedPayload=AVxigLK4x%2Fe3uBrUQNBy2xL2ZXFxLOOHK3cJKJUrK6qvoSTTSvKcpD237SDvKyZQ43etrfGqK1e8r2N5pCSzl7EhtLRt5200w1lggpqinJsIgsxC%2FoubE0Ilg6V67%2B7PGc7lS%2BPxEZg2gcJIQfI0jFi9KnHE7%2Bdbc1LClY12MxiLn%2FmjxeFZ0x7oPiD%2BOLj1O1XVFlon5OpcIsHEQmk%3D&webInteractiveContentId=139324206990&portalId=2503545) ## **Retain top talent**  [91% of HR workers agree that recognition and reward have a positive effect on employee retention.](https://www.rewardgateway.com/uk/blog/21-key-employee-recognition-statistics) It is important, with the current skills gap, that your top talent isn’t given a reason to stray elsewhere. [Ensure you reward and recognise your staff’s hard work](https://www.penguins.co.uk/incentive-travel-blog/7-top-tips-for-retaining-employees) as that will increase satisfaction and loyalty. [Almost 50% of employee agreed that they would leave a company that didn’t praise or thank them enough for the work they do.](https://www.rewardgateway.com/uk/blog/21-key-employee-recognition-statistics)   ## **Increase employee engagement **  There’s a strong correlation between engaged employees and recognition at work. In fact, a survey has shown that [83 percent of employees who worked for a company with a recognition program stated that they were content with their jobs.](https://www.bamboohr.com/blog/reward-and-recogntion-survey/)[Disengaged employees will become unenthusiastic, disconnected from the company culture and unproductive](https://www.penguins.co.uk/blog/the-impact-of-disengaged-employees) – a far cry from an employee who is sufficiently rewarded and recognised. Too many employers let employee engagement fall by the wayside, without realising the cultural and monetary effects it can have on their organisation. Implementing a simple reward scheme that demonstrates the value of your employees can have a huge impact on employee engagement. This in turn, creates brand advocates who are passionate about their work and the company they work for.   [Over seven in 10 employees want their employers to do more to motivate them](https://www.rewardgateway.com/uk/blog/21-key-employee-recognition-statistics), so why are we ignoring them? Introducing a reward and recognition scheme in your organisation can have vast benefits on your employee’s happiness. Ensuring your employees feel valued doesn’t have to cost the world and the rewards reaped far outweigh the financial and time costs incurred. Given the benefits of reward and recognition in the workplace, and the impact on a company’s bottom-line and wellbeing, it’s crucial to build the habit of valuing your employees.    ![Ami Dorkings](https://www.penguins.co.uk/hubfs/RS9562_Ami%20Dorkings%201%20(1).jpg) #### By Ami Dorkings [More articles](https://www.penguins.co.uk/blog/author/ami-dorkings) by Ami Dorkings [< back to blog](https://www.penguins.co.uk/blog) - [Reward and Recognition, Incentives](https://www.penguins.co.uk/incentive-travel-blog/topic/reward-and-recognition-incentives) #### RECOMMENDED POSTS [How To Get Your CEO To Take Reward And Recognition Seriously](https://www.penguins.co.uk/incentive-travel-blog/how-to-get-your-ceo-to-take-reward-and-recognition-seriously) [How To Make Your Incentive Sustainable](https://www.penguins.co.uk/incentive-travel-blog/how-to-make-your-incentive-sustainable) [Travel incentives: looking to the past to predict the future](https://www.penguins.co.uk/incentive-travel-blog/travel-incentives-looking-to-the-past-to-predict-the-future) [Conscious incentive travel in a post-pandemic landscape](https://www.penguins.co.uk/incentive-travel-blog/conscious-incentive-travel-in-a-post-pandemic-landscape) [Are people more incentivised for trips when they can bring a partner?](https://www.penguins.co.uk/incentive-travel-blog/are-people-more-incentivised-for-trips-when-they-can-bring-a-partner) #### SHARE THIS BLOG POST: [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.penguins.co.uk%2Fincentive-travel-blog%2Fthe-benefits-of-rewarding-and-recognising-your-staff%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fwww.penguins.co.uk%2Fincentive-travel-blog%2Fthe-benefits-of-rewarding-and-recognising-your-staff%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fwww.penguins.co.uk%2Fincentive-travel-blog%2Fthe-benefits-of-rewarding-and-recognising-your-staff%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=The%20benefits%20of%20rewarding%20and%20recognising%20your%20staff) ### Like what you've read? 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