One of the more interesting findings in the study was that recognition originating from coworkers had twice the impact on positive psychological functioning as that from supervisors. This conclusion also supports our Trendicators research. We found that 73% of employees say that performance feedback from other members of their team is as important as feedback from their manager.
However, neither the recognition from supervisors nor coworkers explained an employee's level of overall well-being in the study done in Madrid. The findings of this study should encourage organizations to promote social recognition programs and other programs that employees can utilize to acknowledge their peers. Organizations can teach employees how to express recognition to validate and value their peers.
To assess your workplace's psychological health, scrutinize your existing recognition programs and see how well they are known, understood, accessible and easy-to-use. Ask yourselves if specific informal recognition practices should be initiated and remember that not every recognition interaction has to be high-tech or formal. Remember that while peer-to-peer recognition stands out as significant based on this study, there is still a strong need for supervisory and management recognition of employees.
These research findings are interesting (and now timely), considering the increasing demand to examine psychological health and safety in the workplace.
You can read the entire article by Roy Saunderson by clicking here: Employee Recognition Promotes Positive Psychological Functioning