subject: A Corporate Awards Program Will Motivate Employees [print this page] The big benefit successful organizations have over those who are not booming is company loyalty. To be able to achieve this you have to have happy employees that feel appreciated. After all, they are the people who are getting the job done. The way you identify them for their actions and success is with corporate awards which 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.
Giving someone a pat on the back and letting them know they are important to the company growth is often merited. Thanking them often, ongoing communication in regards to successes and achievements, pictures in a company newsletter, announcements in meetings, and other small forms of notification are easy routes to take. Making it more meaningful to employees can be done with a host of corporate awards that can stir enthusiasm. Not only that, it will increase the tenure they will have with the company.
When you think about corporate awards it will be beneficial to think out of the box. Going with the traditional watch or company holiday bonus can get boring. People who already know they will be receiving the same thing year after year are not as eager to receive it as if it were something completely different and unexpected. Go with the non-traditional items. Get on the cutting edge of corporate awards to make the biggest statement that you can.
When you start presenting unique and even personalized to personality corporate awards your employees will feel special. You will then be creating extraordinary experiences that scream value to those who work for you.
Some companies offer trips for not only the employee, but the family for meeting benchmarks and company goals. This would be an incentive offered for a quarterly or annual achievement depending on the size of your corporation and the funds you can dedicate or have allotted. A weekend getaway to a bed and breakfast or a resort is also fun.
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.
