The Tool that Makes Employees Engaged and Productive

Matt ReinerAdvisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.

Our work lives have a strong, usually negative effect on our mental health. Our jobs consume eight to 12 hours daily, and we rely on them for our very survival – it’d be weird if they didn’t have a profound effect on us.

Only about half of all workers report feeling satisfied with their jobs based on this study from the Pew Research Center. The primary catalysts of job dissatisfaction are long commute times, poor benefits packages, lack of opportunities for skill training, lack of opportunities for promotions, and, of course, pay that was too low even before inflation started running wild.

There’s only so much you can do to improve engagement (which sits at an abysmal 32% among workers) without taking a huge chunk out of your profit margins, but there is one incredibly potent tool that keeps employees engaged and productive: impactful recognition.