Most organizations set aside specific time to appreciate employees. Sometimes it is one day a year, sometimes once a month, but it is usually sporadic. Usually it consists of one day a year where the company provides food, games, activities, prizes, etc… to celebrate their employees.
But I believe everyday should be employee appreciation day. Not necessarily having a party everyday, but doing things to show your employees that they matter and that they are doing a great job. Something as simple as having an open door policy for a set time every single day as a manager. What would your organization look like if you treated every single day as a People Day or an Employee Appreciation Day? Would this make your organization a place where your employees want, not need, to show up? How would it improve the morale, productivity, happiness, work ethic and atmosphere in your organization?
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