Peer recognition has been proven to positively affect many different aspects of a business, from employee happiness to the overall company culture. In this post, we'll be going over eight different ideas of how to effectively implement peer recognition into your business and hopefully result in a much more profitable and desirable business overall.
1. Have a peer recognition program in place
The first step to peer recognition within the workplace is to ensure that there is a preexisting peer recognition program in place, which includes processes around how peer awards are requested and given. This will not only encourage employee engagement and formal recognition, but it ensures that any peer award is meaningful and has the desired effect of incentivizing great work from members within the team.
2. Use a single platform for peer recognition
Using an existing peer recognition software like Matter will simplify giving peer recognition, and save everyone more time in the long run. Using your corporate account, some examples of features include offering a fellow employee meaningful recognition for their good work, offering constructive feedback to remote employees to leave a positive impact, and even nominating an employee for an award.
3. Ensure peer recognition is inclusive
One positive aspect of implementing an employee recognition program is that it ensures inclusiveness within a remote team, and can drastically improve a company's workplace culture. Employee recognition software is designed to be inclusive, so if you have a remote team that struggles with this, then you may want to implement a peer recognition system, either with specific software or some other system.
4. Give public peer recognition
Public recognition from peers can help increase visibility within teams and all across your organization, which could result in additional peer-to-peer rewards as well as future office referrals from employees who were recognized publicly for good work performance. Public or social recognition has been proven to increase employee satisfaction at a job, which also improves a business' employee retention rate over time. If you aren't already, try giving public recognition to employees by recognizing employees both in-person and through your chosen employee recognition platform regularly.
5. Be specific when giving peer recognition
You must offer actual meaningful recognition to your peers in a personalized manner and provide constructive feedback, by detailing specifically what they've done by including examples of their great work and how it has brought company value. Regardless of who is giving the peer recognition, being specific when offering employee appreciation or recognition goes a long way.
6. Practice frequent peer recognition
Another important detail to keep in mind when it comes to peer recognition is consistency. Frequent recognition not only shows appreciation to the person being recognized but also helps grow a culture of peer-to-peer recognition within your team by setting an example of how peer recognition is expected within the company. Having templates for peer recognition can make it extra-easy to turn into routine!
7. Celebrate milestones and anniversaries as peer recognition
There are many different kinds of peer recognition you can give based on job roles, demographics, or other characteristics which could be tied back to a specific work anniversary or personal milestone like employee birthdays. By celebrating various milestones for all employees, it improves employee satisfaction and happiness, as well as the workplace culture.
8. Have both individual and team peer recognition
It's very important to offer peer recognition to individuals, but it can also be effective in recognizing groups of people at the same time. For example, if there is a team that has been exceptionally driving positive change within your organization then their peers could all get together for an afternoon and get lunch catered specifically to surprise them with peer recognition.
By following these steps you'll encourage peer recognition within your company which will lead to better morale, faster problem solving, and more contributions from your employees.
If you found this post interesting or informative in any way, then you may want to consider trying Matter, a free Slack app specifically designed for offering recognition and constructive feedback to peers. Matter is perfect for teams with remote employees, as it simplifies giving peer recognition in remote work environments. Try it out for free today.
