You might think that, as long as employees get recognized for their work, it doesn\u2019t matter which category you fall into.<\/p>\n\n\n\n
However, it really does.<\/p>\n\n\n\n
Celebrating success is vital for employee engagement and long-term loyalty.<\/strong> It can even make the turnover numbers in your company dwindle down. <\/p>\n\n\n\n But why? Let\u2019s take a look.<\/p>\n\n\n Not that long ago, I went out for a coffee with a friend and, after a few hours of chatting, the topic of work naturally came up \u2014 as it always does. I asked him whether his new job was as fulfilling as he thought it would be.<\/p>\n\n\n\n Now, for context, 9 or so months ago he landed a job in his dream company. He was as excited as I ever saw him \u2014 thrilled he\u2019ll get to contribute not only to his career but to the world by helping the company do what it does. <\/p>\n\n\n\n So, when I asked him how he was doing, I was expecting the complete opposite of what he actually told me \u2014 he said he was borderline miserable, and explained why:<\/p>\n\n\n\n \u201cI don\u2019t even know whether my work contributes to what we do or not. I feel like less than a cog in the machine \u2014 I feel as if my being there makes no difference at all.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n I realized then that no matter how much good his company did or how successful it was, he felt as if he wasn\u2019t contributing and, thus, as if he didn\u2019t matter.<\/p>\n\n\n\n So, why should he even try?<\/p>\n\n\n\n Having a successful company is important \u2014 it\u2019s the goal everyone strives toward. <\/p>\n\n\n\n However, even more important is to take the time to celebrate success, as that: <\/p>\n\n\n\n Gallup\u2019s findings from their 2024 report State of the Global Workplace<\/em><\/a> show that employee disengagement costs the global economy $8.9 trillion <\/strong>\u2014 a staggering 9% of global GDP.<\/p>\n\n\n\n Unfortunately, despite high costs, it seems that not many companies are aware of how important engagement is and how celebrating success can increase it.<\/p>\n\n\n\n\n Strengthen your business communication and collaboration process with Pumble by CAKE.com.<\/p>\n\n While parting ways with my friend that day, I asked him what he planned on doing and he told me he was already looking for another job. <\/p>\n\n\n\n This didn\u2019t surprise me at all \u2014 according to McKinsey research<\/a>, there are 3 significant reasons people leave a company<\/strong>:<\/p>\n\n\n\n By not telling my friend whether and in which ways his work mattered, his company was essentially telling him they didn\u2019t care. <\/p>\n\n\n\n What\u2019s more, they also showed they can\u2019t engage him, which means his current workplace wasn\u2019t ideal for growing \u2014 after all, you can\u2019t grow if you don\u2019t apply yourself. <\/p>\n\n\n\n Letting your employees become disengaged can be a costly mistake. Low engagement teams have high turnover rates<\/strong> \u2014 18 to 43% higher than those in engaged teams, according to Gallup\u2019s report The Benefits of Employee Engagement<\/em><\/a>.<\/p>\n\n\n\n People who feel their work matters are less likely to leave the company they are working in because they feel attached to it.<\/strong> Their own success is tied to the success of their company.<\/p>\n\n\n\n Thus, when the company publicly shares and celebrates successes, the employees also feel they contribute to them \u2014 even if they didn\u2019t personally have a hand in the success in the first place. <\/p>\n\n\n\n This public recognition, along with individual recognition, can reduce turnover by 31%<\/strong>, as, according to Deloitte<\/a>, recognition programs can make that much of a difference. What\u2019s more, they can also increase your business’s chances of being profitable by 12 times.<\/p>\n\n\n\n Recognize your employees over Pumble<\/a><\/p>\n\n\n\n Although I can\u2019t vouch for the profit, I can tell you that celebrating success worked for my friend\u2019s company \u2014 they managed to get him to stay.<\/p>\n\n\n\n A couple of months after our initial conversation, he seemed once again enthused by his work in the same company. He told me he found out that the project he was working on had greatly contributed to a major success for the company. <\/p>\n\n\n\n His work mattered! <\/p>\n\n\n\n He was no longer a gloomy disengaged employee, all because of one (in the grand scheme of things) small win for the company.<\/p>\n\n\n\n \ud83d\udca1 Pumble Pro Tip<\/strong><\/p>\n\n\n\n When it comes to engagement at work, employee recognition matters as much as celebrating success. To find out how to best show your employees their efforts are noted and appreciated, read this blog:<\/p>\n\n\n\n It\u2019s great that my friend\u2019s company didn\u2019t lose his talented self. But here\u2019s the issue:<\/p>\n\n\n\n The news delighted him nonetheless, but imagine how big of an impact they\u2019d have if they were specifically delivered to him and his team members with the goal of celebrating that success.<\/p>\n\n\n\n It\u2019s clear that hearing about his company\u2019s success made a difference for my friend. However, he was in a unique situation \u2014 he was desperately clinging to the company because of the work they did.<\/p>\n\n\n\n So what his company did might have been too little, too late<\/em> for most people. <\/p>\n\n\n\n Instead of banking on your employees to figure out their contributions matter, it\u2019s much better to get ahead of this problem and share successes publicly<\/strong>.<\/p>\n\n\n\n And, in case retention isn\u2019t enticing enough, here are 2 more benefits your company can enjoy thanks to celebrating successes in the workplace.<\/p>\n\n\n\n\n Empower your team and boost productivity in real time. Try Pumble.<\/p>\n\n Cultivating a culture of celebration can seem counterproductive on an individual level. It might seem boastful and arrogant to constantly share what you\u2019ve done well.<\/p>\n\n\n\n However, on a company level, sharing wins \u2014 big and small \u2014 can actually empower others<\/strong>. <\/p>\n\n\n\n People tend to work harder when they think their efforts aren\u2019t wasted. Even seeing someone else\u2019s efforts not go unnoticed can empower people.<\/p>\n\n\n\n But even if it doesn\u2019t, celebrating success with everyone helps employees become aware that their company is doing well, and that, by including them in the celebration, the company recognizes them as a vital part of its success. <\/strong><\/p>\n\n\n\n This creates a stronger bond between employees and higher levels of loyalty. <\/p>\n\n\n\n Now, you don\u2019t have to celebrate huge milestones to enjoy the benefits of this. Even sharing small wins and recognizing the people who made them happen can make a difference. <\/p>\n\n\n\n Empower your employees over Pumble<\/a><\/p>\n\n\n\n People who are engaged work harder \u2014 there\u2019s no doubt about it. <\/p>\n\n\n\n According to Gallup, on average, companies that have engaged employees differ from those that have disengaged employees by:<\/p>\n\n\n\n Now, there are plenty of ways to improve employee engagement, but public celebration of success is one of the easiest ones. <\/p>\n\n\n\n Drawing attention to success paves the way for future advancement<\/strong> both on an individual and company-wide level. <\/p>\n\n\n\n To put it in simpler terms, employees who are aware their contributions will be recognized are willing to put in the work to improve their performance<\/strong>. That, in turn, drives company success as a whole.<\/p>\n\n\n\n \ud83d\udca1 Pumble Pro Tip<\/strong><\/p>\n\n\n\n Interested to know how you can drive employee engagement \u2014 aside from celebrating success? Read our full guide to find out:<\/p>\n\n\n\n Boost teamwork and simplify communication by switching your team to Pumble.<\/p>\n\n Although you now have a better understanding of why celebrating wins, no matter how big they are, is beneficial, you might not yet know how to do it. <\/p>\n\n\n\n I\u2019d definitely advise avoiding the route my friend\u2019s upper management went with. <\/p>\n\n\n\n You don\u2019t want your employees to find out about the company’s success at the water cooler. That\u2019s especially true if you run a remote or hybrid<\/a> company or team \u2014 the water cooler option is off the table, given that you don\u2019t have one.<\/p>\n\n\n\n What I\u2019m trying to say is that you don\u2019t want this to be something that happens without you knowing about it. It should be a conscious decision you make for the good of the company<\/strong>. <\/p>\n\n\n\n So, celebrating success should:<\/p>\n\n\n\n So, let\u2019s say your company just had a win. <\/p>\n\n\n\n You should:<\/p>\n\n\n\n Share your successes over Pumble<\/a><\/p>\n\n\n\n Next time your company or team does something well or achieves a big win, don\u2019t be shy \u2014 celebrate with everyone.<\/p>\n\n\n\n Those working on-site can celebrate in person \u2014 at a meeting, or during a brief office-wide announcement \u2014 while those working remotely can have a virtual get-together to do so.<\/p>\n\n\n\n However, no matter whether you work in an office or remotely, you should always leave a paper trail of the celebration \u2014 i.e. send a public message for everyone to see<\/strong>. <\/p>\n\n\n\n If your team uses a business communication app like Pumble<\/a> by CAKE.com<\/a>, you can use a company-wide <\/strong>channel<\/strong><\/a>,<\/strong> like the #general channel or another, team-wide channel to do so.\u00a0<\/p>\n\n\n\n Even if you\u2019ve already celebrated during a virtual meeting<\/a> with the entire team, take the time to drop a message in a relevant channel and @mention people who contributed to the success.<\/p>\n\n\n\n An app like Pumble can help you celebrate success<\/strong> in a multitude of ways:<\/p>\n\n\n\n No matter which option you choose, Pumble will ensure your company- or team-wide celebrations never get forgotten \u2014 thanks to unlimited messaging history<\/a>. <\/p>\n\n\n\n![\"Celebrating](\"https:\/\/pumble.com\/blog\/wp-content\/uploads\/2024\/07\/Celebrating-success-in-the-workplace-cover.png\")
<\/figure>\n<\/div>\n\n\nWhy celebrating success at work is vital for your business<\/h2>\n\n\n\n
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\n <\/picture>\n <\/div>\n<\/div>\n \n\n\n\nRetain your employees one celebration at a time<\/h2>\n\n\n\n
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Other ways celebrating successes makes a difference<\/h2>\n\n\n\n
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\n <\/picture>\n <\/div>\n<\/div>\n \n\n\n\n#1 Celebrating success empowers employees<\/h3>\n\n\n\n
#2 Celebrating success increases productivity<\/h3>\n\n\n\n
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![\"Celebrating](\"https:\/\/pumble.com\/blog\/wp-content\/uploads\/2024\/07\/Celebrating-success-via-Pumble.png\")
Celebrate success with Pumble<\/h2>\n\n\n\n
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