Acknowledging and recognising your employees’ efforts will translate into measurable business benefits. Employee Appreciation Day provides managers, company leaders and HR with an annual opportunity to emphasise a form of unity in demonstrating the organisation’s gratitude towards their valued employees. It is a conducive way to reaffirm your connection with employees, closing any gaps in communication. You may take this opportunity to set new standards or reinforce cultures in the workplace to build a stronger company culture with a positive working environment that provides your employees with higher job satisfaction.

Feeling important, heard and valued is a great motivator for employees. When an employee feels like their company cares about them, stress levels decrease, confidence builds up, and the cost incurred in recruitment for rehiring due to a high turnover rate decreases. Building a respectful, safe and appreciative environment in the workplace builds trust and ensures loyalty between both the employer and employee, causing them to stay passionate about their role in the company.

A little workplace appreciation can go a long way towards boosting employee morale. It is a powerful tool that can be used as a reward or as an incentive to keep up the pace of work. It can be in the form of gifts, rewards or a thank you note. Some companies go even further and offer incentives such as paying bonuses, offering awards like trips abroad or rewarding them with gift cards.