With the tough economic times facing today's workforce, it is important to show your employees that you value them. Otherwise, your employees may think that you do not appreciate them and begin to search for a position elsewhere. In order to keep your employees happy and productive, it is prudent to occasionally award them for services.
Don't awards cost your company money?
You may be thinking that awards cost money and the truth is that they do. However it may cost your company more resources to have to retrain a new employee.
- A good way to avoid this turnover is to set aside a portion of the budget for appreciative awards, thus you are not risking going over your projected budget.
- Weigh the options. What costs more? Having to retrain a new employee or buying an award?
What constitutes as an acceptable award?
Well when it comes to employee awards what should you get? There are several inexpensive yet elegant options available. Many award companies are crafting awards out of lucite and crystal. These artistic pieces are much more attractive than the common cup, plaque or certificate.
- These crafted awards are much more visually appealing as well.
- The recipients will want to show of their awards like a piece of art.
- This will give them a sense of accomplishment and respect of their job.
Many studies show that satisfaction is related to cohesion, which is positively correlated to production. So by spending a few extra dollars to show your employee that you care, you are actually doing yourself a favor as well. That decorative piece of crystal could very well cause sales figures to rise or an increase in creative ideas.
If you wanted to get your employee a more practical gift, look no further than Amazon.
Amazon will generate recommendations based on sales trends. Usually the recommendation pertains to the newest gadget. Some trendy yet inexpensive gadgets are:
- A Keurig Coffee Maker
- A Kindle or eReader
- A watch
If you are stuck and cannot think of anything to get your employee than fear not. As a last ditch-effort you can purchase gift certificates from Amazon with a nice card attached to show the employe that this was not just a hurried gift. Although the gift card is generic, the customized message you write allows you to say how valuable that employee is to the company. This way you are giving the employee a sense of psychological satisfaction as well.
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