According to research , 6 out of 10 workers believe that internal promotions boost employee morale. Workplaces being filled with a variety of generations operate in different ways and have different expectations from the organizations. In every area of life, appreciation for one’s efforts creates a different perspective. In an Software Development Companies rewards and recognition of employees boosts the employee morale in various ways, if executed in a proper manner.
1. Employee Satisfaction & Retention:
Recognition of efforts creates a feeling of belongingness. It motivates employees to create self goals and work towards them. This work ambience helps employees stay longer in the same organization.
2. Spreads Positivity:
Appreciation lightens the work process and creates a coaching work culture. It develops a positive attitude towards work among employees. Employees look forward to coming to the office.
3. Increases Loyalty:
The feeling of being valued, makes the employee honest towards their work and the organizations. It creates a barter system where the employee displays his loyalty through his performance.
4. Develops Competitive Spirit:
Self-driven goals create the urge for self-development. It drives healthy competition and individuals and teams, where people are happy for themselves and others growth.
5. Grooms Leaders for Future:
Upskilling for successive goals and achievements creates a progressive culture which shapes future leaders.
Regular appreciation of individuals. Teams and leaders being one of the key elements of employee and organizational growth should be well-executed. International promotions also act as a catalyst in boosting employee morale at turbo speed. Assessment-based promotions are the best way to execute promotions.
(Author: Alisha Fernandes is an inquisitive learner & content writer at TechDoQuest)