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Employee recognition has long been a cornerstone of effective management. But today, as the competition for talent escalates, how organizations value their employees has become more important than ever.
Glassdoor’s Employee Appreciation Survey states that 53% of people said feeling more appreciation from their boss would help them stay longer at their company — even though 68% said their boss already shows them enough appreciation. The lesson? More is better. Even a Harvard Business School Research Study avers that money as a carrot isn’t always the best answer. Most employees feel that they do not feel recognized or rewarded at work even though companies spend more than half of their budgets on salaries and wages. So, if money is not the only solution, what can businesses do?
One of the biggest side effects of work from home is low employee morale, and the inability to effectively relate to organizational goals and vision. People, who have been used to working together in an office are now expected to deliver the same output when work from home. How can you provide your organization with the vital edge, to remain competitive and thrive during the current scenario? How do you ensure that you are recognizing employee contributions, made under trying conditions, so that they feel connected?
Thankz is a tool to help people recognize each other in a fun way. What really matters in the workplace is helping employees feel appreciated. Thankz helps you achieve that goal in a simple, user friendly manner.
Seamless integration with Teams – end users just invoke a bot – no formal training required
Leader board keeps track of top performers
Central console to plan, track and manage budgets for managers and individual employees
Integrates with your company gift store