Rewards And Recognition in Nursing

Recognizing and Rewarding Staff

Thank You, I appreciate all you do, great job are all simple words that can motivate any individual to go above and beyond the call of duty. However, this is not regularly seen in today's workforce environment.

A Organization having a strong recognition and reward system has been proven to increase :

• retention rates.
• improve engagement.
• overall job satisfaction (Bergey el al,2019).

Recognizing & Rewarding Staff

• Reward
• thing given in recognition of an achievement, effort or service (Oxford Dictionary, 2022)

• Recognition
• Appreciation or acclaim for an achievement, service, or ability (Oxford Dictionary, 2022)

• Successful organizations understand the value of Recognizing, Rewarding & Appreciating staff

Statistics

“87% of recognition programs focus on tenure” (Sharma & Pandit, 2020).

“69% of employees would work harder if they felt there efforts were being appreciated” (Sharma & Pandit, 2020).

“Companies that scored in the top 20% for building a “recognition-rich culture” actually had 31% lower voluntary turnover rates! ” (Scherbaum. al, 2021).

Why is recognizing and Rewarding staff Regularly important?

Video

Book

Recognition brings motivation , renewal and commitment to an specific goal.

https://www.youtube.com/watch?v=tJZcIXzZFQg

Statistics

“recognition-rich culture”had 31% lower voluntary turnover rates!

87% of recognition programs focus on tenure and position” (Sharma & Pandit, 2020).

69% of employees would work harder if they felt there efforts were being appreciated

orgnazations that scored in the top 20% for building a “recognition-rich culture

31%

69%

20%

87%

Present Your Plan

What is your strategy?

• Patient Satisfaction.
• Decrease turnovers.
• Increases retention.
• Improves staff moral.
• Raises staff engagement.
• Increases Motivation among staff.

Benefits of Recognizing Rewarding staff

The role As a Nursing Leader

• More attention needs to be given to recognizing and rewarding staff in attempts to meet todays retention and productivity challenges.
• As a leader:
• Personally acknowledging an employee.
• Writing a personal note
• Holding morale get-togethers to celebrate frequent success.
• Recognizing an employee for good performance
• Recognition should be immediate, delivered personally, valuable and a direct highlight of desired behavior (Baqir, 2020).

• As nurse leaders investing time in showing your staff that you appreciate them and all they do is investing in the organizations future as well (Montani, 2020).
• You build trust with your staff
• Motivate them to go above and beyond

• It is important to remember:
• Rewards must have consistency and be fair
• Recognizing each employee unique style is an enormous leadership trait (Nene, 2020)

Implications for Nurse Leaders

• Thank you notes.
• Food.
• Recognizing in front of staff and peers.
• Thank the person directly.
• Small gift
• Simply by showing respect, acknowledging, helping, being a team player. (Bergey, 2019).

How to recognize and Reward Staff

Give way message

Recognition and Rewards Equals:

• Favorable Patient Outcomes
• Motivation at work
• Commitment
• Reduce intentions to retire
• Keep Nurses in the profession

wait there's more!

References