Peer to Peer recognition programs are becoming more widespread as more and more research demonstrates that James was correct in his assessment of the situation. However, many companies depend on recognition to trickle down from the top, hoping that leaders would recognize the hard work of their staff and express their appreciation for it.
But when leaders are the only ones who provide gratitude, a lot of excellent work goes unappreciated because there is no one else to give it. On the other hand, acknowledgement amongst coworkers takes the form of employees praising and commending one another for the work that they have done.
This acknowledgement may be done informally, for example, by sending thank you notes written by hand on the spur of the moment, or formally, by implementing a technology-based solution company-wide.
The following are four reasons why it is crucial to cultivate an attitude of thankfulness and appreciation, particularly among one’s peers:
- The experience of more pleasant feelings
Given the frequency with which thankfulness is linked to feelings of contentment in psychological research, it’s possible that cultivating an attitude of appreciation is essential to leading a happy life. People who practice gratitude have a stronger propensity to report better levels of life satisfaction, more optimism, and increased relationships with others.
Employees are more involved in their work when there is a mechanism to recognize their colleagues. They begin to see how the work of others, both on their team and other teams, is impacted due to their position in the organization. Most peer-to-peer recognition program
(75%) report that receiving acknowledgement from coworkers increases their desire to remain with their present business for an extended period. Peer-to-peer recognition may even assist minimize employee turnover in the long term.
- Wellbeing improves
Not only may it increase the frequency with which you recognize others to boost your pleasure, but it can also improve your physical health. Those who regularly practice gratitude have been shown to experience lower levels of stress and improved sleep quality. It is possible that you may discover that workers are more productive, taking fewer sick days, and better managing deadlines as a result of the implementation of peer-to-peer recognition programs.
- The development and consolidation of relationships
Employees are encouraged to establish meaningful, personal relationships with other team members when they are recognized by their colleagues. This is because gratitude uses a process known as “find-remind-bind,” which helps develop and deepen the connections that are most important to us.
- Both employees and organizations are thriving as a result
It has been discovered that gratitude encourages pro-social activity, defined as selfless social activities performed for the benefit of others and include assisting, sharing, contributing, and volunteering. When individuals have more frequent instances of appreciation, they are more likely to engage in acts that are beneficial to society.
These behaviours will start to be experienced by the staff members as they get more familiar with one another and spend more time together. They will have a greater propensity to assist one another with challenging undertakings, share their office supplies, and donate to the community.
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