One of the biggest myths of the business world is the idea that the only way to show your employees that you really care for them is to promote them or give them a raise. However, these methods are A) ineffective, B) initiate a chain reaction where others feel left out if you do not reward them in the same fashion, and C) you can’t promote and reward them with a raise indefinitely. Fortunately, the majority of your employees aren’t so materialistic or reward-driven and there are a lot of times when a simple act of appreciation will do the trick. With that in mind and without further ado, here are five ways to show your employees that you appreciate them, without having to promote them or increase their salary.
1. A one-on-one meeting
The first way to show your employees that you appreciate them is to set aside some time for a one-on-one meeting. The reason why this is so effective is due to the fact that all of your employees are already aware that your time is both valuable and finite. Therefore, by inviting them to talk to you face-to-face, they’ll feel like a valuable member of your community. Also, keep in mind that some of your employees are too shy to speak up during meetings, especially if it’s something that involves some of their colleagues. This way, they’ll have a chance to speak up in a safer environment.
2. A chance for self-improvement
The next thing you need to bear in mind is the fact that the most capable of your employees don’t see their work in your service as a job but as a career. Therefore, what you need to do is give them a chance for self-improvement. The best way to do so is to pay for their training in the form of online courses or start a quality mentoring program. Paying to send them to seminars and workshops that are relevant to the industry is yet another great idea. While this too is an expense, it’s an investment that brings a great return both to them and to your organization as a whole.
3. Remembering their personal milestones
Celebrating an employee’s birthday or their work anniversary is a nice gesture, as well as a chance for you to show exactly how much you care about them. Of course, you don’t have to throw a massive party for every employee but taking some time to make a mention of their individual contribution to your organization is a must. It’s also a good idea to include a gift in the form of a corporate prepaid Visa card in order to show that you really mean it.
4. Exercise charisma
Another thing you need to understand is the fact that charisma isn’t a trait or a feature, despite popular belief. It is, in fact, a skill or, as Robert Brault once said – charisma is a fancy name given to the knack of giving people your full attention. In other words, when people speak to you, try to actively listen. Second, it’s not what you say when you greet them, it’s how you act around them. If you’re genuinely happy to see them and this shows in your facial features and your demeanor, they’ll be able to sense this and will start feeling appreciated by you.
5. Your memory is your closest ally
Previously, we’ve mentioned that you need to actively listen to your employees, however, listening is not enough, you need to memorize, as well. For instance, remembering one’s full name the first time they utter it might be something that will help you leave a better first impression on your employees. Memorizing details from your previous conversations will be even better. To quickly regress back to the subject of names, you need to understand that even the people who claim that they hate it usually appreciate it when you address them by their full name.
The very last thing you need to understand is the fact that the majority of your employees can see past generic phrases and gestures, which is why you need to really mean it. In other words, you shouldn’t just try to show your appreciation, instead, you need to truly and genuinely appreciate them. Finally, keep in mind that this is vital for your talent retention and that, should you fail to master this skill, your company’s abandonment rates might skyrocket. Fortunately, the other way around is true, as well.