Recognition costs nothing and provides scores of benefits. If you are wondering how, let us explain further. Recognition is not about giving them bonuses, even though a sound remuneration system will do wonders for the productivity of your employees. Employee recognition is the number one tool for increasing employee engagement, which is in turn directly proportional to employee loyalty, increased productivity, reduction in absenteeism and task commitment.

Even though you are not a publicly commending person, you should try to publicly commend as it is the best strategy for getting a friendly competition going between the employees.Proper employee engagement will prompt your employees towork harder due to the motivation your words provide them, not only that, but it will also work to make them improve. Here are some simple tactics for increasing employee engagement with your company.

• Discuss with your employees a clear progression path for them in the company and show them easy and transparent stepsfor getting there. Make them feel that their job and work is of importance to the company’s productivity and success.

• Regular coaching and appreciation for your employees will help them improve by showing them that they are getting somewhere and not just blindly working on what they are given.

• Create a feedback medium for your employees and take it seriously. This will show the employees that they matter to you and their grievances will not go unanswered.

• Formal and informal employee recognition systems will make sure each and every employee is praised by everyone in the companyforthe work they are doing for the firm. Employees who share their thoughts with the company feel and behave like a huge community and will stay with their jobs because they value this community.

These small and simple changes can bring great productivity increases to your company. But for sustained productivity increase, it is advisable to create an appreciation and recognition culture in your company.