Get serious about recognition

StartupSmart mentor Martin Nally from hranywhere is a big advocate for the importance of recognition as a tool for retaining key staff.

How much recognition? Nally sites research that says employees want recognition every seven days.

That might sound like a lot, but remember that recognition comes in a variety of ways.

It might include:

• Formal programs such as the old “employee of the month” programs.
• Annual staff awards.
• Celebrations of major milestones.
• Weekly team meetings to praise staff.
• One-on-one mentoring.
• A quick email to thank staff for work on a particular project.

They keys are to make recognition regular and make it sincere.

As the war for talent heats up, a few words at the right time could be crucial for retaining staff.

Get it done – today!