Profit Through Appreciation

According to the old saying, “If you want to make money, you have to spend money.” However, many employers are finding that if you want to make money, you might need to spread something more valuable than cash. You need to spread appreciation.

 

Businesses have long tried to implement appreciation in their offices, but they generally do so in monetary measures: Christmas bonuses, pay raises, office raffles, etc.  However, positive feedback that comes in the form of words means much more than positive feedback that comes in dollars.

 

The workplace concept of “profit through appreciation” creates an environment in which employers and employees share appreciation with one another. This positive feedback boosts morale, workplace productivity, employee loyalty, and employee happiness.

 

Every week, my employees and I spend 10 minutes throwing a beanbag around our conference room and sharing appreciations with each other. By doing so, we can commend people who have gone the extra mile for a client, and specifically recognize individual talents and achievements. We also share appreciations for our clients themselves. By creating positive energy on accounts (such as, “I appreciate the way my client, Dr. Berman, is always so personable in her interviews”) our publicists have more creative energy and aliveness to devote to their clients.

 

Appreciations do more than boost people’s egos.  When my employees share their appreciation with one another, the happiness and productivity goes through the roof. It negates backbiting and jealousy, and makes for a fun, open environment. 

 

Try sharing an appreciation with an employee or coworker today, and you will see firsthand what a difference it can make!

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