A Guide to Employee Recognition Platforms and Improving your Bottom Line

A Guide to Employee Recognition Platforms and Improving your Bottom Line

Posted by CrewHu on Oct 19, 2016


How recognition software can help you engage and retain your best employees

If you want to make sure your employees are engaged at work—and want to constantly improve your efficiency and company culture, it might be time to look into an employee recognition platform. This type of management software can revolutionize the way your company does business; employees and managers can offer each other constructive feedback, high-achieving workers can be properly rewarded, and vital information can be shared to shore up weaknesses and emphasize your firm’s strengths (both internally and externally).

Set goals and increase employee performance

Many businesses are plagued with the issue of having fragmented, unspecific, or non-existent goals. Sometimes, even the objectives of differing departments within the same company conflict with each other and potentially lead to clashes, missed deadlines, and even financial waste.

With an employee recognition platform, executives and managers can set goals for the business as a whole, as well as for individual departments, teams, and employees. A good platform can also ensure that each subdivision’s goals are visible to the entire company—which helps avoid project and deadline clashes.

With so much new information out in the open, employees can much more easily brainstorm new ways to work as a cohesive team; increasing the efficiently and effectiveness of all your company’s efforts.

Increasing employee retention and engagement

A surprising 87 percent of employees are not engaged or are actively disengaged at work. That means that only an unfortunate 13 PERCENT (!!) of workers are positively committed to improving their organization on a consistent basis. But that doesn’t mean that more don’t want to improve their companies—they might have once been engaged at work, but now feel left out, unrecognized, or unappreciated.

Sometimes, a simple “thank you” can make a huge difference in employee engagement and retention. Small rewards like gift cards or time off can have a big impact as well. Research shows that non-cash recompenses are the most effective at making employees feel valued at work, but to know who to reward, you must identity workers who are truly trying to improve your company.

Conversely, if a team is struggling to meet a goal, an employee recognition platform is a great place for a manager to motivate them to come together and find a way to get back on track. It’s easy for well-meaning employees to spend time working hard at the wrong tasks—activities that they think are important, but don’t significantly contribute to their organization's goals or bottom line.

The increased communication provided by employee recognition platforms can help cut down on systematic inefficiencies and help get your organization’s workers focused on the tasks that really count.

Help your workers understand the needs of customers and clients

An effective employee recognition platform won’t simply acknowledge and reward employee for internal tasks, it will also factor in reports and information from customers and clients, thus allowing employees and managers to see how they can improve customer service efforts and potentially increase customer retention, satisfaction, and engagement.

If you want to supercharge the way your company does business, it’s time for you to try CrewHu. Our employee recognition platform can help your workforce become more responsive, flexible, and cohesive by helping your workers communicate more effectively.

Take the first step and contact CrewHu today for a free consultation—or sign up for a 14-day free trial to see how our platform can help take your workforce into the 21st century.

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