Celebrating extraordinarily teams benefits everyone
Shawn Achor describes in his book, The Happiness Advantage, the example of a Fortune 100 company leader who stated that “We don’t need a happiness program, we pay people to be engaged.” A meta-analysis that Achor cites (The Relationship between Pay and Job Satisfaction: A Meta-Analysis of the Literature, Journal of Vocational Behavior) suggests that pay level is only somewhat correlated to job satisfaction. There is more to the performance calculation than just income.
Two research studies that Achor was involved with suggest that effective digital recognition programs can help scale organic praise, have a high ROI, and lead to significantly higher levels of employee performance and engagement, as well as increased customer loyalty, as measured by net promoter scores.
That does not mean ignoring pay and benefits, of course.
Your colleagues will appreciate that their contributions are celebrated and that someone took the time to recognize and reward them.
When you recognize the achievements of your teams and team members, you:
- Increase morale
- Increase a sense of belonging to the organization
- Increase creativity
- Increase work proficiency
- Increase collaboration
- Increase flexibility
Make sure you celebrate Extraordinary Work Team Day – even if it isn’t one of the “big” holidays on the calendar. The benefits to your organization may be significant.