← Back to blog

Boost Workplace Productivity on World Compliment Day

August 6, 2017
small business loan

Today we celebrate World Compliment Day. As a small business owner, you can use this day to boost the productivity in your business in a few ways. Compliments are beneficial in every work environment and we’ll tell you why, along with why you should apply for a small business loan online. Entrepreneurs should put this day to work for them.

Compliments Work Better Than Cash

This may seem like a foreign concept, however, employees want compliments more than cash. Well, let’s be more specific. Employees are motivated by compliments over cash bonuses. A workplace study was conducted and showed the following results:

  • Employees promised compliments if they completed their work were 6.6% more productive.
  • Employees promised a cash bonus were only 4.9% more productive.

Therefore, the study concluded that compliments are a bigger motivator than money.

Compliments Boost Morale

Everyone likes to hear good things about themselves, especially in the workplace. William James, a 17th-century American psychologist, said, “The deepest human need is the craving to be appreciated.” As a small business owner, your employees are working to impress you and make you happy. Even the slightest of compliments is enough to reassure workers that you appreciate them.

Workers that feel appreciated from your compliments will work harder for you. The most productive places of business are those that have great employee morale. So, use World Compliment day to boost your employee morale and productivity.

If is hard to get started if you don’t hand out compliments very often. Try the following:

Compliment Innovative Ideas

Small business owners need to compliment innovative employees. If you have employees that come up with great ideas and aren’t afraid to share, let them know you appreciate their ideas. This boost their confidence, which in turn encourages them to keep coming up with ideas.

Try saying: “That is a great idea you have. That kind of out-of-the-box thinking is just what our company needs.”

Compliment Those That Go Above and Beyond

Some employees just work harder than others. They show up early to work, or stay late, without being asked. He or she makes self-sacrifices to make sure the job gets done. Compliment good behavior so it gets repeated in the future.

Try saying: “I appreciate your willingness to always go the extra mile with your work.”

Compliment Customer Service

Try saying: “You did a great job handling that angry customer. You stayed calm and were able to diffuse the situation correctly. Thank you for providing our customers with great customer service.”

Compliment Employee Efforts

Every business owner with employees has had to make corrections at some point. Annual reviews are typically used to show employees where they can improve and grow. However, employees want to hear the positive things too. Managers need to compliment employees that work to make the necessary changes. As soon as you notice an employee correcting a behavior, compliment them.

Try saying: “I appreciate the way you are working hard to make the changes we talked about. I have noticed your efforts.”

Morale Boost Productivity

Employees that feel good about themselves and their work are more productive. Employees that feel unappreciated and frustrated at work are more likely to miss work. When employees know that the work they do is appreciate they are more willing to come back the next day with a good attitude. Employees that feel appreciated also feel like they are a bigger part of the company. Therefore they want the company to succeed, so they will work harder to help come up with ideas on how to improve processes.

In the end, World Compliment Day, observed at work is good for everyone. Employees feel good about themselves. They are more productive, which benefits the company as a whole. The business grows which provides more opportunities for the company and the employees within it.

How a Small Business Loan Online Fits In

Are you a small business owner that feels a little defeated, like you could use a compliment of your own. Are you looking to obtain a small business loan online to grow your company, but were turned down by traditional lenders? Here is what Tiger Funding has to say to you on World Compliment Day:

  • You are working hard and doing a great job growing your business.
  • You have accomplished more than most people will by taking the risk of starting your own business.
  • (If you have employees) You are doing a great thing for the economy by helping to provide income for other families.
  • Your customers obviously appreciate your business. They do business with you because your business stands apart from the competition.
  • You may have been turned down for a traditional small business loan, but we specialize in helping companies just like you.

If you have been struggling with finances in your business you need a small business loan online. It will provide the working capital you need to remove the financial burden from your business.

Tiger Funding has the small business loan online that you are looking for. We approve loans based on the revenue and health of the business, which means your personal credit history and assets no longer matter for qualification. If your business has been opened for at least 6 months, with $10,000 monthly revenue apply today. Approval happens within 24 hours. Apply here to get started.

Remember, keep up the good work. You are doing great!

Recent Posts
How to Use National Clean Your Desk Day to Learn About Your Small Business' Strengths & Who to Not Loan Things Out Too
What Small Businesses Can Learn From iPhone's 10th Anniversary and Why You Might Need a Small Business Loan
Get the Most Out of Your Staff by Being a Loving Boss