Give Employee Recognition Awards
Companies Should Give Employee Recognition Awards
Companies should adopt an Employee Recognition Awards program. If you want to retain your good employees you must show that you appreciate them. Employees that do not feel that they get recognized for all their hard work, dedication, and loyalty to a company will move on.
It is very common in companies to recognize employees on a monthly, quarterly or yearly basis. A lot of companies do all of the above. Who determines which employee gets the award can be decided by a team within a company or all the employees can take a vote. There are many reasons that an employer can award their employees to express their gratitude.
A company can give an Employee Recognition Award based on tenure or length of service by an employee. You can recognize an employee every year that they are employed, but only give an award every five years, for example. This lets the employee know that they matter and it will strengthen the loyalty they have.
When an employee performs above and beyond the call of duty it is very important to show them that you noticed. Typically, employees who display this type of behavior are the ones you do not want to leave the company. Giving an award will help retain an employee and encourage them to keep on trying to exceed your expectations.
Awards do not always have to be a plaque or certificate. You can also award employees with gift cards or cash. Employees are motivated by different things and it helps if you know what will make them happy and feel appreciated. Regardless, just the fact that you are rewarding them for a job well done should be enough.
The last thing you want to do is risk losing a valuable employee because you overlooked them. Nowadays, employees expect to be recognized for doing something that is out of the ordinary or staying with a company. Making your workers feel valued and good about what they do is a great way to keep them motivated.