The Importance and Benefits of Employee Rewards and Recognition- Awards and Trophies

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The Importance and Benefits of Employee Rewards
and Recognition
www.awardsandtrophies.in
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Your employees need to know that their efforts
are valued and their contributions appreciated so
that they can continue to work and perform at
peak levels. Recognition of employees is an
essential form of feedback that can make the
difference between a satisfied, coherent team and
a collection of disappointed people.
The recognition should only take place if you
feel like or have time. Although spontaneous
gestures of appreciation and gratitude are good,
a formal recognition program strengthens and
rewards employees for behaviors and achievements
that align with corporate goals.
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A formal recognition program is also fair,
because it ensures that all employees receive the
same awards for similar services. In other words,
formal programs correct the natural tendency to
focus only on stars
Regardless of whether youre developing a
discovery program from scratch or tweaking an
existing one, the following tips can help make
your program more powerful
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Define Performance Goals and Qualification
Criteria
Lets say you want to recognize employees for
going beyond that. First, how do you define that?
Lets say you decide you have to work late into
the night or at the weekend. Do you reward this
effort for all projects or only for projects with
high priority? How much extra time does a reward
bring? If its a collaborative effort, does the
group receive a single prize or give each member
something?
It is also important to know why you recognize
and support a particular behavior. Is practicing
overtime a practice that you want to strengthen?
They do not want to inadvertently reward work
habits that may result from inefficiency, or send
the message that employees need to work extra
hours to get confirmation.
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Make Rewards Meaningful-
Awards do not have to be monetary. Designer
awards, such as an elegant plaque on which an
employee can point the desk in front of
employees and customers may be far more
meaningful and motivating than, for example, a
gift card for a fancy restaurant.
Also, remember that although immediate rewards
are important, longer-term prices, such as career
advancement, are often more important. Promotions
can be the best reward of all
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Share the Praise and the Prizes-
The formal recognition should be
all-encompassing. For example, if you start a
program for the accounting staff in your company,
think about designing a similar program for the
administrative staff.
Each employee has the potential to contribute to
better customer service and revenue, and should
therefore be eligible for formal recognition.
Design your program in such a way that everyone
has the recognition, even if a certain person is
not a top-class member of the team.
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Keep it Real-
When you recognize the behaviors and benefits you
need to recognize. Virtually all the tasks that
people perform are celebrated. This reduces the
impact of the recognition program.
Employees can stop trying because mediocrity and
excellence are also rewarded. Rewards are only
exemplary and not basic achievements. They set a
standard that all employees aspire to. Show them
that rewards are deserved and not forgiven.
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Engaging Employees-
Asking your staff about the program will make it
more effective. Ask them if they find the rewards
you choose useful.
You may want to involve your most experienced
employees in decisions about strategies and
performance measures. You get useful information
on what it takes to deliver optimal performance.
The more connected your team is to the program
the more likely you are to get rewards.
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Creating a program that encourages team members
to use their knowledge and skills to truly
transform the lives of their customers not only
motivates employees, but the bottom line of your
business reflects increased productivity and
customer service.
Awards and Trophies is one of the best trophy
manufacturers in Delhi. We are one of the
leading manufacturers and suppliers of high-end
designer awards and trophies, as well as a wide
range of promotional items and trophies. The
range includes trophies and awards in acrylic,
plaques, crystal, table tops and other corporate
gifts in different sizes, shapes and colors
available.
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Delhi-110006
 91 9911000035 
011-42500146
www.awardsandtrophies.in
ssharad_at_antraa.com