Take a moment to think about this question: When was the last time that you showed appreciation toward your employees? If you’re struggling to answer that question, you may have identified a problem that could end up hurting your company in the long-run.

Peggy Minnig, a principal in Rea’s Lima office, believes that an employee who feels appreciated will reward the company with increased productivity, greater employee satisfaction, renewed loyalty, and improved retention.

Appreciation is a Fundamental Human Need

It doesn’t matter if you’re an incredible business owner – without a great team in place to maintain the day-to-day responsibilities of the business, you won’t have a business for very long. And, well… if you don’t show appreciation for your employees, you may not have a great team for very long.

If you want to retain valuable employees and increase productivity, listen and learn:

• Why peer recognition is just as important as manager or principal recognition.
• Why you should praise people immediately, preferably in public, when you see an opportunity to do so.
• How you can remind yourself and others to show appreciation on a regular basis.

If you liked this episode of unsuitable on Rea Radio, let us know by hitting the like button or by sharing it with your followers on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources on our website at www.reacpa.com.