Don’t Do It Alone: How Saying Thank You Can Help Your Employees Sell More Sunglasses

In our previous post Opening a Retail Store: Hiring 101, we’ve talked about how you should hire employees for your wholesale sunglasses retailing business. Today, we’ll share with you information and the benefits of showing your employees some lovin’ by appreciating their efforts and rewarding good performance.

According to a Globoforce infographic, showing your employees a little appreciation can go a long way. And adding a little recognition for a job well done can greatly increase the satisfaction and happiness of your employees.

Here’s more on the value of thanking your employees:

What motivates you as an employee?

67% say praise from a manager

63% say attention from leaders

62% say opportunities to lead

60% say attention from leaders

52% say increase in pay

35% say stock/ options

Can my business benefit from this simple initiative?

Yes, strategic recognition or simply saying thank you can drive engagement and boost the morale of your employees. And remember, it has been said that happy employees create happy customers. Pass on the positive energy throughout your business by treating your employees right.

In what ways can I show my employees that I appreciate them?

Giving awards, recognition and praises are said to be the most effective methods for keeping your workforce happy and thriving. In creating reward policies for your retail store, make sure that you have standardized criteria that is fair and reasonable. Involving your employees in creating these measures can add a cherry on top on your effort to make them feel good about their job. According to the visual, providing opportunities to lead is also one way to enhance employee satisfaction. Increase their working morale twice as much by combing both methods.

What is the disadvantage of not recognizing or rewarding my employees?

Employee dissatisfaction at the work place can generally drive employee turnover. Based on the infographic, 6 out of 10 employees who feel underappreciated look for another job. Also, companies who failed to put in place an effective recognition program for their employees are 46% more likely to experience turnovers. Hiring and training costs of new employees are always high. This is not only in the financial point of view but also in consideration of other resources including time.  

For more on this topic, view The Value of Thanking Employees below.

Photo Credit: Infographic Archive