Today we’re sharing insight from guest blogger Ron Kitchens, Chief Executive Officer at Southwest Michigan First. We hope you enjoy Ron’s wisdom and perspective.
Whether at home, on the street, or in the office, all people want to feel valued and respected. Psychologists generally agree that appreciation is a basic human need, just like eating properly and getting enough exercise.
So, in the workplace, regular recognition is critical. Some well-timed words of encouragement after a job well done can make a world of difference. But if overlooked, a lack of recognition is detrimental. In fact, a 2017 Office Team study revealed that 66 percent of employees think about leaving their current position when they don’t feel appreciated by their manager—and when it comes to Millennials, that number is as high as 76 percent.
Your team will respond to your recognition of their hard work because it shows that you not only value their efforts but also value them as human beings. Respect is a two-way street; a few words can go a long way towards building a great working relationship of trust. (And as an added bonus, after some pointed praise, the entire office now has the perfect model to follow as an example!)