Get All Access for $5/mo

How Praising Employees Can Help Your Business Thrive Five appreciation opportunities you can adopt today.

By Gwen Moran Edited by Frances Dodds

Opinions expressed by Entrepreneur contributors are their own.

It's no secret that employee praise -- ranging from a pat on the back to major public kudos -- is a good thing. But many managers struggle with this soft skill or don't give it enough credence, says Bill Flint, founder of Flint Strategic Partners, a management consulting firm in Goshen, Ind.

"Too often, leaders get caught up in telling people what they're doing wrong instead of showing that they care," he says. To reap the rewards of a kind word or two, here are five ways to easily incorporate performance-boosting praise into your organization.

Related: Motivating Employees to Work As Hard As You

1. Stop and talk to employees. As you walk through your office, take time to stop and talk to employees, thanking them for their hard work. It sounds simple, says Flint, but that kind of unexpected praise can put pep in the step of most employees.

2. Pinpoint praise-worthy acts. Encourage managers and employees to point out team members and co-workers who are working hard on a project or going above and beyond their job descriptions. Then, write a note or make a point to personally thank that person right away.

Be specific, says Flint. Praise the behavior you want to foster, such as, "I was so impressed by the way you organized that meeting agenda and accomplished everything in less than an hour. I appreciate that kind of efficiency."

Related: Jack Welch on How to Manage Employees

3. Reward good ideas. Employees who find ways to save money or improve operations are valuable assets and need to be recognized. If someone in your organization makes an improvement, make a big deal about it. Thank the person publicly. Depending on the idea and situation, an email blast might be appropriate in addition to the one-on-one appreciation, and let other employees know that type of innovation is valued.

4. Don't forget to praise productive failure. Sometimes, hard-fought battles don't work out as planned, but still deserve praise. If team members have given their all to a project that didn't succeed or a sale that was lost to a competitor, it's important to recognize those efforts.

"They probably feel defeated. It's your job, as the company owner, to tell them that their work is appreciated and help get their heads back into the game," Flint says.

5. Recognize milestones. When an employee hits the five- or 10-year mark with your company, do something. Keeping good employees is critical for any business to succeed. Thank the employee and incorporate a small gift or incentive to show you appreciate his or her loyalty.

Gwen Moran

Writer and Author, Specializing in Business and Finance

GWEN MORAN is a freelance writer and co-author of The Complete Idiot's Guide to Business Plans (Alpha, 2010).

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Side Hustle

10 Online Side Hustles Proven to Boost Your Bank Account

Even the busiest schedules can accommodate finding a precious few hours to create a profitable online venture — something that many are already mastering.