- On February 8, 2023
Working in the corporate world has its benefits and challenges. However, with challenges come awards and recognition that employees receive from their seniors once they accomplish the set goals. At the end of each year, a company awards its employees who have been serving them for years with awards to recognize their hard work and dedication to achieve the set goals.
However, each year, the companies present the same awards to employees who have achieved their targets. Therefore, it is time to bring in some change with a new range of recognition awards to boost employees’ confidence and appreciate each employee for their efforts to bring the company to its current state.
Organizations that wish to encourage their employees and increase their productivity must engage in employee awards. According to a Gallup poll, U.S. companies bore a loss of $450 – $550 billion due to a lack of employee productivity.
Three Innovative Ways To Appreciate Your Employees
Employees fail to show productivity during work hours because they do not receive the appreciation they deserve when reaching milestones. Therefore, here we stress the awards firms must focus on presenting their employees to boost their morale and increase a productive environment in their offices.
The first award the company should focus on presenting to their employees is the performance award. Since each employee strives to perform well to achieve given targets, employers must give them the recognition they deserve. Therefore, receiving different awards will help them perform efficiently throughout the year, benefiting the business.
Numerous awards lie in this category. They are as follows:
Employee of the Month
This award is for the employee outperforming other employees in a particular month. It is one of the most common awards to employees to recognize their efforts. Moreover, companies who wish to acknowledge their top talents and nurture their skills choose to present such awards.
Teamwork awards are another way to boost your employees to work as a team. It allows them to collaborate and work together to reach the given targets. Since some employees are good communicators and believe in collaborative work, the teamwork award is to recognize their skills and encourage a collaborative work environment.
Department MVP Awards
Some people can stand out even in crowds because of their unique qualities. This award recognizes the most valuable employee who has worked individually and collectively with the other employees in achieving the milestones.
Behavior and Value Awards
Since the corporate world also focuses on specific values, employees must remain within the boundaries set. Therefore, the employee(s) who display their best behavior towards others receive this award as an appreciation from the employers.
Employee Leadership Awards
No matter their position within the company, staff members who exhibit dedication to professional development and continuous, inspiring leadership among their team members receive this award.
Unique Award Names: Mountain Mover, Growth Driver, The Motivator
Employees who exhibit unique traits to help others grow and polish their skills receive this award. This award recognizes their efforts that help overcome complex challenges for others.
Service & Tenure Awards
Service and tenure awards are an important aspect of employee recognition and serve as a way to acknowledge the hard work and dedication of employees. These awards are given to employees who have achieved a significant milestone in their employment with a company.
Milestone Dates (# Of Years In Service)
Employees who have worked in the company for years receive this award as an appreciation for their longstanding work.
New Achievement Levels (New Certifications, Etc)
New achievements award is a way to encourage employees to polish their skills and seek more certifications in their chosen field.
Helping others gives everyone a different level of satisfaction. Companies encourage employees who engage in community work. Therefore, to recognize their efforts for the community, companies give community involvement awards to employees who go the extra mile in helping others in need.
Growth awards are a powerful tool for recognizing employee success and promoting a culture of continuous learning and development within a company. These awards are designed to acknowledge employees who have shown exceptional growth, both in terms of personal and professional development, and have made a significant impact on the company.
Whether it be through innovative ideas, successful projects, or overall improvement in performance, growth awards provide a tangible way for companies to show appreciation and encourage ongoing growth in their employees.
Since the company’s primary goal is to boost profit margins, it focuses and encourages employees to put more effort into increasing sales and numbers. Therefore, to recognize their hard work and dedication toward the company, business owners must offer different recognition awards to employees who outperform.
Sales Person of the Year
The employee who manages to boost the maximum sales for the company or closes more deals for the organization receives this award. It is an appreciation token for the employees to encourage them to bring more business to the company.
New Sales Milestone
Every company has different milestones set for fiscal years. Therefore, they intend to achieve more than they expect. Employees who outperform and reach new sales milestones receive this appreciation award from employers to encourage their dedication and enthusiasm to reach their goals.
Every company strives to grow its business. Employees committed to the company’s goal receive this award as a recognition for their devotion to their work.
Create an Employee Awards Program Today!
Since employees are the driving force of a company, it is crucial to focus on ways to encourage their efforts and recognize them publicly. Therefore, to help you create a successful employee award program, Print House will help you make one for your company! We will discuss your goals and budget to determine the best program for your company’s success.