Employee Recognition Frequently Asked Questions

Employee Recognition increases employee engagement and retention which then increases productivity. Employees who are engaged and invested in their work produce better results and are more likely to withstand temptation to leave. Organizations that implement employee awards see up to an 87% increase in retention. Managers who recognize employees can see increase engagement levels by 60% can see a 20% increase in productivity and with 2x the quality of service and sales.

• Creates a Positive working environment that encourages employees to thrive
• Contributes to higher employee morale and increases organizational productivity
• Reinforces enthusiasm, commitment, and social conscience of employees

Employees who receive formal recognition awards have a sense of pride in their work and is a value add to their paycheck in a positive work environment that fosters open communication of appreciation.

• 39% of Employees are more productive
• 59% of Employee have a sense of increased motivation
• 73% of Employees report increased positive morale.

Establish how performance is to be measured by figuring out for your goals what constitutes a reasonable target that balances the requirement for improved performance with attainment. The rules and measures should be understandable and easily produced and verified. You will need a degree of flexibility should circumstances arise that weren't foreseen or warrant a change.

1. Define the Program's Scope and Direction
2. Develop a Budget
3. Establish Program Guidelines
4. Communicate the Program
5. Present the Awards

The 5 things to consider when developing a budget for the program:

1. Internal Administrative Costs
2. Employee Award Trophy Costs
3. Number of Recipients
4. Shipping Costs to your Location or Direct to Recipients
5. Ancillary Event Costs such as Food Expenses

Successories surveyed 100s of organizations and found that although pins, certificates and plaques may be budget friendly for organization, Employees greatly prefer to be recognized with trophies.

1. 52% Trophy Awards
2. 16% Money
3. 13% Plaques
4. 12% Certificates
5. 7% Medals & Pins