{"id":20397,"date":"2019-04-01T08:18:10","date_gmt":"2019-04-01T13:18:10","guid":{"rendered":"https:\/\/www.appreciationatwork.com\/?p=20397"},"modified":"2019-04-07T20:23:19","modified_gmt":"2019-04-08T01:23:19","slug":"the-value-of-appreciation-convincing-skeptics","status":"publish","type":"post","link":"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/","title":{"rendered":"The Value of Appreciation: Convincing Skeptics"},"content":{"rendered":"<p><a href=\"https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2016\/07\/disgruntled-man.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-15281 alignleft\" src=\"https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2016\/07\/disgruntled-man-200x300.jpg\" alt=\"\" width=\"184\" height=\"276\" srcset=\"https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2016\/07\/disgruntled-man-200x300.jpg 200w, https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2016\/07\/disgruntled-man.jpg 642w\" sizes=\"(max-width: 184px) 100vw, 184px\" \/><\/a><\/p>\n<p>Many business and organizational leaders are skeptical about the value of appreciation.\u00a0 Leaders frequently ask:<\/p>\n<p style=\"text-align: center;\"><em>*What benefits will I or my organization gain from training my leaders and staff in communicating appreciation to one another? <\/em><\/p>\n<p style=\"text-align: center;\"><em>*Why should we be concerned about whether our employees feel appreciated? <\/em><\/p>\n<p style=\"text-align: center;\"><em>*What\u2019s the potential benefit for the time, energy and cost it will take?<\/em><\/p>\n<p>These questions are neither unusual nor unreasonable for those who are responsible for the financial well-being of a business. The world of work is a demanding environment with harsh realities and no one has extra time or energy to waste on projects that do not contribute to the success of the organization. So, <strong><em>why is appreciation so important to the success of a business?<\/em><\/strong><\/p>\n<p><strong>The Importance of Employee Engagement<\/strong><\/p>\n<p>Appreciation in the workplace is directly related to employee engagement. The level of employee engagement within a workplace is important to leaders because it has been shown to be highly predictive of numerous positive benefits that impact the functioning of a company. Over several years the <a href=\"https:\/\/www.gallup.com\/workplace\/236927\/employee-engagement-drives-growth.aspx\">Gallup organization conducted research and interviews<\/a> with one million employees across the world, found that employees feeling appreciation is one of the core factors that can improve employee engagement.<\/p>\n<p>Additionally, numerous studies (over 50 are cited in our new, revised version of <a href=\"https:\/\/shop.appreciationatwork.com\/collections\/books-accessories\/products\/the-5-languages-of-appreciation-in-the-workplace-1\"><strong><em>The 5 Languages of Appreciation in the Workplace<\/em><\/strong>)<\/a> have identified significant positive results when team members feel valued and appreciated. \u00a0For example, A <a href=\"https:\/\/www.glassdoor.com\/employers\/blog\/employers-to-retain-half-of-their-employees-longer-if-bosses-showed-more-appreciation-glassdoor-survey\/\">Glassdoor survey<\/a> found four out of five employees (81%) say they are \u201cmotivated to work harder when their boss shows appreciation for their work.\u201d Additional benefits to companies and organizations include:<\/p>\n<ul>\n<li>Lowering staff turnover<\/li>\n<li>Fewer on-the-job accidents<\/li>\n<li>Less employee theft<\/li>\n<li>Higher customer ratings<\/li>\n<li>Greater productivity<\/li>\n<\/ul>\n<p><strong>The Bottom Line: Increased Profitability<\/strong><\/p>\n<p>For those who are driven by the \u201cbottom line\u201d of profitability, the data is clear:\u00a0 <strong><em>engaged employees increase a company\u2019s profitability. <\/em><\/strong>In a <a href=\"https:\/\/employeeengagement.com\/wp-content\/uploads\/2013\/04\/2012-Q12-Meta-Analysis-Research-Paper.pdf\">meta-analysis of 263 research studies<\/a>, employers with the most engaged employees were 22% more profitable than those with the least engaged employees.<\/p>\n<p><a href=\"https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2018\/10\/Appreciation-Business-Model.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-20191 size-full\" src=\"https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2018\/10\/Appreciation-Business-Model.png\" alt=\"\" width=\"662\" height=\"158\" srcset=\"https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2018\/10\/Appreciation-Business-Model.png 662w, https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2018\/10\/Appreciation-Business-Model-250x60.png 250w, https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2018\/10\/Appreciation-Business-Model-120x29.png 120w\" sizes=\"(max-width: 662px) 100vw, 662px\" \/><\/a><\/p>\n<p>The same study showed that businesses with more disengaged employees have 51% more turnover than businesses with more engaged workers. Good employees are not easy to find, develop or keep. Hiring a person with the training and experience needed to do the job is difficult enough, but finding someone who has the character qualities you desire is virtually impossible.\u00a0 So, keeping the good employees you have is a huge benefit to any organization.<\/p>\n<p><strong>The Disconnect Between Supervisors and Employees: It\u2019s Not About Money<\/strong><\/p>\n<p>As a business leader, you are at risk for misunderstanding how to keep your team members. Many owners and managers believe their employees are motivated primarily by financial gain &#8211;that employees will stay if they are given more money. Research studies for decades have debunked this belief.<\/p>\n<p>Most employers (88%) believe employees go to another job for more money, but only 12% of employees report that is the reason they are leaving. <strong>The vast majority of employees, when they voluntarily leave a company, report they don\u2019t leave for more money<\/strong>.\u00a0 \u00a0<a href=\"http:\/\/www.cognitionnet.com\/member\/resources\/summaries\/Personnel_HR\/7_Hidden_Reasons_Employees_Leave.pdf\">In fact, 79% report<\/a> that a primary reason they leave is <em>because they don&#8217;t feel appreciated.<\/em><\/p>\n<p>Many business leaders don\u2019t believe this, so let me offer you some compelling data. In a global <a href=\"https:\/\/www.bcg.com\/en-us\/publications\/2014\/people-organization-human-resources-decoding-global-talent.aspx\">study of 200,000 employees<\/a>, the Boston Consulting Group found the #1 factor employees related to enjoying their job was that they<em> felt appreciated <\/em>(financial compensation didn\u2019t show up until #8).<\/p>\n<p><strong>WARNING: Your Employees Don\u2019t Feel as Appreciated as You Think<\/strong><\/p>\n<p>You may think you are doing okay in this area \u2013 that your employees know you appreciate them. Sorry, probably not. A national <a href=\"http:\/\/go.globoforce.com\/rs\/globoforce\/images\/SHRMFALL2012Survey_web.pdf\"><em>Globoforce<\/em> employee recognition survey<\/a> found that 51% of managers think they do a good job of recognizing employees for work well done. But the problem is: <strong>only 17% of the employees<\/strong> felt their manager did an adequate job of recognizing them for doing a good job. That is less than one out of five employees believe their supervisor adequately communicates appreciation for the work they do.\u00a0 Obviously, there is a disconnect somewhere.<\/p>\n<p>What we have found is that:<\/p>\n<ol>\n<li>Employees want to feel valued and appreciated at work.<\/li>\n<li>Most employees don\u2019t feel appreciated.<\/li>\n<li>Many leaders either:\n<ul>\n<li>Don\u2019t care how their employees feel<\/li>\n<li>Think they are doing an adequate job of communicating appreciation, or<\/li>\n<li>Don\u2019t know what else to do (beyond what they\u2019ve been doing.)<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<p>If you (or your leaders) fall into one of these categories, WAKE UP. The issue is important and can be remedied. We have repeatedly been able to improve staff morale, increase employee engagement, and create more positive workplaces \u2013 across numerous <a href=\"https:\/\/www.appreciationatwork.com\/\">work settings and industries<\/a>. Want some testimonials? <a href=\"https:\/\/www.appreciationatwork.com\/endorsements\/\">Click here<\/a>. \u00a0Want to learn how to make it happen in your organization? Start with the <u><a href=\"https:\/\/shop.appreciationatwork.com\/collections\/books-accessories\/products\/the-5-languages-of-appreciation-in-the-workplace-book\">book<\/a><\/u> or our <u><a href=\"https:\/\/www.appreciationatwork.com\/train\/\">training resources<\/a><\/u>.\u00a0 Being totally straightforward: they work.<\/p>\n","protected":false},"excerpt":{"rendered":"Many business and organizational leaders are skeptical about the value of appreciation.\u00a0 Leaders frequently ask: *What benefits will I or my organization gain from training my leaders and staff in communicating appreciation to one another? *Why should we be concerned about whether our employees feel appreciated? *What\u2019s the potential benefit for the time, energy and&#8230; <a class=\"view-article\" href=\"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/\">Continue reading&#8230;<\/a>","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[132,133,198,150,501,118,142,2223],"tags":[2234,1581],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Value of Appreciation: Convincing Skeptics - Appreciation at Work<\/title>\n<meta name=\"description\" content=\"Many leaders wonder why employees feeling appreciated is important. 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Learn about the extensive research documenting the financial benefits to companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/\" \/>\n<meta property=\"og:site_name\" content=\"Appreciation at Work\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/appreciationatwork\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/appreciationatwork\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-01T13:18:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-08T01:23:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.appreciationatwork.com\/wp-content\/uploads\/2016\/07\/disgruntled-man-200x300.jpg\" \/>\n<meta name=\"author\" content=\"Paul White\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@drpaulwhite\" \/>\n<meta name=\"twitter:site\" content=\"@drpaulwhite\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul White\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/\"},\"author\":{\"name\":\"Paul White\",\"@id\":\"https:\/\/www.appreciationatwork.com\/#\/schema\/person\/695df42d67dbe288b5b2db6cd2ff58ac\"},\"headline\":\"The Value of Appreciation: Convincing Skeptics\",\"datePublished\":\"2019-04-01T13:18:10+00:00\",\"dateModified\":\"2019-04-08T01:23:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/\"},\"wordCount\":802,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.appreciationatwork.com\/#organization\"},\"keywords\":[\"profitability\",\"soft skills\"],\"articleSection\":[\"5 Languages of Appreciation in the Workplace\",\"Appreciation\",\"Authenticity\",\"Business\/Leadership\",\"Employee engagement\",\"Managing By Appreciation\",\"Questions\",\"Workplace Culture\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/\",\"url\":\"https:\/\/www.appreciationatwork.com\/blog\/the-value-of-appreciation-convincing-skeptics\/\",\"name\":\"The Value of Appreciation: Convincing Skeptics - Appreciation at Work\",\"isPartOf\":{\"@id\":\"https:\/\/www.appreciationatwork.com\/#website\"},\"datePublished\":\"2019-04-01T13:18:10+00:00\",\"dateModified\":\"2019-04-08T01:23:19+00:00\",\"description\":\"Many leaders wonder why employees feeling appreciated is important. 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