Overeating, hanging with family and friends, watching football, shopping...can you guess what time it is? That's right—Thanksgiving is almost here!
While the holiday has taken on different characteristics over the years, it remains a time to say "thanks." And, it's a great time to reflect on the ways that your business can show gratitude to your employees.
CEA is Grateful for You!
CEA is grateful for the opportunity to serve your business and thankful to be your trusted HR resource when it comes to education, training, and employee relation needs. As a reminder, CEA will be closed on Thanksgiving Day and the day after Thanksgiving.
Giving Thanks to Your Employees
Giving "thanks" to your employees can be as easy as taking a moment to recognize and thank an employee for a job well done. The key is to be specific and authentic in your praise and do it in real-time—don't wait until a performance review.
Money Isn't the Only Motivator
In fact, in one survey money ranked 7th on the list of motivating factors—after camaraderie/peer motivation, intrinsic desire to do a good job, and feeling encouraged and recognized rank high as top employee motivators.
According to a study by Maritz Research, employees that are recognized in a meaningful way are:
NOTE: Organizations with formal recognition programs have 6 times greater operating margins!
Ideas for Giving Thanks to Your Employees Now and Throughout the Year:
Some organizations, such as those in the safety, hospitality and retail industries, will be open on Thanksgiving Day. Companies are not required to provide holiday pay or any extra pay to employees who work on a Holiday. Regardless, you may want to give other rewards for those who work on Thanksgiving—like free coffee and snacks, gift cards to local restaurants, a catered Thanksgiving meal, or other incentives.
If you trot the extra mile for your employees this Thanksgiving, the rewards may be bountiful! Happy Thanksgiving to you and yours!