subject: Motivate Project Team Members With A Corporate Awards Program [print this page] The big advantage successful organizations have over those who are not thriving is company loyalty. To be able to accomplish this you have to have happy employees that feel valued. After all, they are the hands on people who are getting the job done. The way you recognize them for their accomplishments and achievements with corporate awards can go a long way.
If you have not asked your departing staff why they are leaving then you are only making assumptions as to the reason why. Surveys have been designed to measure dissatisfaction and one of the biggest reasons people leave jobs is the lack of recognition. They do not feel valued, they do not feel inspired. It is not always about how much they make or do not make. To keep staff from leaving, you can look at rewards that are stimulating.
There are a variety of ways to acknowledge an employee that will be well received. Some things work and some do not. The best way is to know the individuals that work for you and what pushes their buttons. Understanding what motivates and challenges them can help you decide which corporate awards you can offer that will make the gesture of appreciation significant. Nice notes of thank you and words of praise, and other forms of recognition are nice, but get old to some people.
If you shop around you can get wonderful ideas on corporate awards your company can present. When many executive thinks about rewards for their employee the immediately launch an employee watch recognition program. Aside from waiting until you work for the company for 20 years, a watch is nice, if it is snazzy and eye catching, but it is an item people are expecting and an item they are not going to jump for joy over. Besides, they probably already have one.
The uniqueness of your corporate awards will increase employee loyalty and satisfaction. One of the first steps to take is to plan ahead. This will help you get the expense in your company budget so cost will not be an issue down the road.
When you invest in awards go with a variety of things that can be presented to employees. This way you can tailor to personality that will deliver the higher level of satisfaction. Some can be given quarterly, annually, or as special incentives for meeting goals. Vacation packages, cruises, and even state of the art electronics can give you a head start on improving morale.
There are a variety of personalized things you can do. Certificates for merchandise from a catalog, local retailer or an internet store can be perfect. Another fun way to introduce awards is with special goals and other big initiatives. Throughout the term of the business incentive promotion, employees can accumulate shopping bucks. After the project is completed successfully and all goals are met, they can spend their hard earned play money and pick what they like form a corporate awards catalog or one that you designed.
An annual event to promote your new found corporate awards initiative is purchasing a ton of items and letting the employees participate in an auction using the points they have accumulated. This way they may be able to get a couple of things. Not only will this be a company hit, it will build momentum. The workers will then have an appreciation for your company. This can be a win, win situation.
