Employee Services awards are a way to congratulate your staff for reaching certain milestones or achievements, such as years worked or completing specific goals. Fostering a culture of appreciation with awards and gifts are shown to have a significant impact on overall business and boost employee morale.
Retaining quality employees should always be a priority to any business, and congratulating them with a service award is a great way to let them know that you appreciate their hard work and dedication.
Even in harsher economies, key employees will often have other choices for employment and will most likely have an opportunity to choose between staying with your company or making a change, so satisfaction in the workplace is key to gaining their loyalty. We all know the hiring process can be stressful and time consuming, so maintaining longevity can cut down on this process and avoid the costs of turnover.
Increased employee morale is another benefit of providing service awards. If an employee feels underappreciated, their feelings toward the company can sour and even affect productivity, which is why high turnover companies opt to start an employee service award program. Awards for achievements can motivate employees and give extra incentive to meet certain goals and objectives.
There is also a lot of versatility when creating an employee service award program; you don’t always have to go with typical plaques or trophies, often times companies will create a catalog of company branded items that an employee can choose from or even give the employee freedom to find their own gift. This option lets employee receive a gift that they will get enjoyment from since it’s tailored to their interests.
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