Why Employee Appreciation Matters & Can Boost Your Bottom Line

Attracting and retaining talent creates a positive working environment for your business, but it’s also good for your bottom line.

When team members come and go constantly, your office becomes a revolving door, with no steady workforce, abiding company culture, or continuity for your clients. What’s more, breaking from your duties to post ads, interview applicants, and train new hires takes up valuable time—and time is money.

Instead, creating a working environment with built-in perks and morale boosters makes everyone happy, including you as a leader. You’ll have fewer fires to put out or squabbles to referee if your employees are motivated, feel appreciated, and inclined to work together for the business’s greater good.

In that vein, let’s consider the concrete benefits of employee appreciation and how to apply these principles to your business in meaningful ways.

What is employee appreciation and how do you enact it?