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UK workers have highlighted the importance of a simple ‘thank you’ in the workplace, revealing that ‘feeling valued’ by their boss is the top motivational factor in helping them achieve more.

A nationwide survey conducted by Argos for Business also revealed that 40% of employees only stay in their current job because they have good relationships with their colleagues.

To inspire passion and appreciation across the country’s workforce, Argos for Business has launched the UK’s first Employee Motivation Day on Wednesday (Jan 21), encouraging bosses to instil best practice for the year by recognising and motivating employees.

As one in three employees are predicted to weigh up their career options this January (according to a CIPD survey), the cost to individual businesses could be significant.

Research shows that, including advertising, recruitment, loss of productivity and training, each employee lost can cost up to £30,614 to replace.

However, as the research shows, motivational strategies need not cost the Earth. Simply feeling valued, or thanked for a job well done resonates with British workers, leaving a positive and affirming effect on them and the businesses they work for.

When asked when people feel most enthusiastic about work, nearly a third (28%) of employees said they feel at their most motivated at 10am (on a typical day shift), and the majority of the UK’s workforce feel at their best on a Wednesday.

Taking on responsibility (26%) and making a difference (28%) were also identified as top motivators in the workplace.

The survey also revealed that one in four people work at least seven hours over their contracted working time each week. And with the announcement in the Autumn Statement that non-paid overtime should be included in employee holiday pay, workers could be even more willing to put in the extra time and effort.

Danny Clenaghan, managing director at Argos for Business, says: “January always appears an opportune time for workers to weigh up their employment options. But the research shows simple and cost-effective everyday actions, such as saying thank you with low cost gift vouchers, a duvet day or allowing your team to leave 30 minutes early on a Friday, can go a long way in ensuring bosses hold onto valuable team members.

“Motivated employees should be at the heart of every business, as a continuously engaged and driven workforce is more efficient, which in turn impacts positively on a business’ bottom line."

“To help drive motivation, we are therefore dedicating a whole day to giving and receiving recognition and motivational compliments. We hope that employees, managers and business owners all get involved and become part of our Employee Motivation Day campaign.”

Employees and employers can get involved in National Employee Motivation Day by downloading the motivation resource pack here
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