Employee Appreciation Day is an event, observed on the first Friday in March, meant for employers to give thanks or recognition to their employees.
It was created by Dr. Bob Nelson who was a founding member of Recognition Professionals International in 1995, initially to celebrate the publication of his book 1,001 Ways to Reward Employees and to remind employers to thank their employees when they do good work.
Dr. Bob did his doctoral dissertation on why managers do or do not recognize their employees and has since helped thousands of companies create a Culture of Recognition in their organization with significant impacts on employee retention, performance and the ability to attract talent.
Though the holiday is still gaining in adoption in the US and abroad, like Boss’s Day, Employee Appreciation Day has become an opportunity for managers, company leadership, and HR to remember the importance of appreciating employees.
Companies often celebrate by letting employees leave early, offering gifts, meals, events or special recognition for workers.
Such publications as Inc. magazine, Forbes, and Boston.com, have written about the holiday to remind employers to recognize and reward employee effort and to offer tips for building a stronger corporate culture through appreciation.
Studies show that recognition and appreciation are growing in importance as drivers of employee happiness and engagement.
Showing employees appreciation can result in a company’s higher retention rate, not only increasing the productivity of employees but the company as a whole.
This has resulted in more and more companies and organizations using the day to thank their employees.
