Why There’s a Need for Tangible Awards for Your Employees
Employees who have diligently served an organization will appreciate it when their company recognizes his efforts to accomplish thing with their co-workers.
To solidify the company’s awareness and affirmation of the things they hold valuable and highly prized, it is important for a company to recognize the contributions of its employees. Besides, as the saying goes: though we are wired differently, and not every social style needs public recognition, but even the most introverted person will appreciate being recognized for a job well done.
In response to being appreciated at work, and especially when it is expressed through a meritorious emblem, it fosters an employee’s engagement and therefore boosts his productivity since an engaged employee is significantly more productive than an employee who is defused.
Recognizing the excellent work of an employee and giving out a tangible reward will not only encourage him to do better in his job but also encourage those around him to strive to attain to the form of excellent in order for them to receive the same recognition and reward. In other words, a company cannot go wrong if it aims to foster’s employee engagement this way.
Another results of companies expressing support for the efforts of their employees help the company in employee retention. Companies should take employee retention seriously because if there is high staff turnover, the effect can be a low morale for the remaining ones and they would someday want out too. The value to retain an employee is less difficult than the effort that needs to be exerted to find a replacement and the training that goes with it. The time required to find and train a new employee also affects utilization and inflate the company’s fiscal cost.
The brand of your business can easily be promoted by employees who are deeply engaged with the business rather than people who could care less about what happens to the company. If you reward employees for their hard work, then it would encourage employee engagement and loyalty to the organization.
A very productive workforce is not only the result of having a good team leader but it also shows that the team is working in cooperation with each other. Therefore the need to also distinguish and recognize the people behind the effort is just as important. The point here is not so much about tenure but more about the positive effect attributed by an explicit participant that shapes a unique team. Therefore teams are well placed that excludes the mediocre worker. And if rewards for efforts are put in place, then they can work each day with that kind of determination. This is what team culture is all about.