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Recognition and Awards Programs

June 1, 2017

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Recognition and Awards Programs

June 1, 2017

Effective employee recognition enhances employee motivation and satisfaction, increases employee productivity, and contributes to improved organizational performance.  Employee recognition can be used for a wide variety of achievements and contributions, such as performance excellence, innovations and improvements, and length of service. 

 

Recognition and Awards Programs can:

  • Reinforce company goals

  • Strengthen an employee's image of your company

  • Foster employee loyalty and instill a climate of trust

  • Encourage personal achievement and reward performance

  • Build relationships

  • Reduce turnover by up to 50%

  • Create a 38% increase in productivity

  • Cause a 27% increase in profitability

 

 

 

 

 

 

 

 

According to a recent Gallup survey of more than 80,000 employees, recognition is a key factor in employee satisfaction and retention.
The purpose of this survey was to “identify the consistent
dimensions of quality workplaces, defined as those in which four
critical outcomes - employee retention, customer satisfaction,
productivity, and profitability - are all at high levels.”

 

 

Recognition and Award Programs can play an

important role in the success of your company. In times

when corporations are looking for every avenue that can
ensure success, don’t overlook those that can - and do
- help you achieve: the employees of your organization.
Recognition as a business tool doesn’t have to break
the bank. In fact, it is a wise investment that will create
lasting value and achieve a long-term return. All it takes
is thought, care, and a willingness to acknowledge that
recognition means something to your most valued and
important assets: the people who are your company.

 

Contact Awards Nashville at 615-255-1111 for all of your awards and engraving needs.

 

Article and information are from Visions/Awardcraft.

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