08 Sep 8 Types of Employee Recognition Awards
Research shows a strong link between employee recognition and retention. These studies found that recognition programs can increase employee morale, productivity and organizational commitment. As a result, employers are increasingly adopting recognition programs, which include awards such as plaques and trophies.
Recognition awards are typically given to employees who exhibit exemplary performance or behavior at work. The types and frequency of awards vary by employer. Below are eight of the most common.
1. Employee of the month award
Offered on a monthly basis to a select employee who displays exceptional performance during the specified month.
Nomination criteria may include:
- Going above and beyond expectations.
- Dependability.
- Assisting co-workers.
- Higher productivity.
- Increased customer service ratings.
- Helping build a positive workplace.
- Outstanding quality of work.
Some employers offer employee of the quarter and/or employee of the year awards in addition to or as an alternative to an employee of the month award.
2. Teamwork award
Offered to teams that show a remarkable ability to work together and get things done as a unit. These team members embrace collaboration, promote harmony and support their peers. They demonstrate a commitment to fostering a healthy work environment and company culture.
3. Sales award
Offered to salespeople who close big deals, drive revenue growth, consistently hit their targets and/or generate the most sales in a certain time frame. It’s important to think creatively and expansively when it comes to sales awards. For instance, you can reward the person who’s most proactive in following up on leads and cold-calling prospects.
4. Safety award
Offered to employees who continuously strive to make the workplace safe and hazard-free. Safety awards are common in high-risk occupations like construction, transportation, warehousing, health care and manufacturing. Employees who best assist the company in upholding safety standards are usually eligible for safety awards.
5. Years of service award
Offered to employees who have dedicated a certain number of years, such as five, 10 or 20, of service to the company. This award reinforces the significance of organizational commitment and employee retention.
6. Leadership award
Offered to managers, supervisors and other leaders who have guided their teams to success. These leaders are motivating, supportive, pioneering and devoted to steering the company toward its mission and objectives.
7. Most creative award
Offered to employees who have used their creative abilities to solve tough organizational problems or develop innovative or groundbreaking concepts that increased the bottom line. Creativity comes in many forms, so the sky’s the limit when designing this type of award.
8. Most improved award
Offered to employees who accomplished the most growth in their performance. Through diligence and quick learning, these employees have overcome their shortcomings and gone on to exceed expectations. They also inspire other struggling employees to keep aiming for success.
Recognition awards are powerful motivational tools, so consider including them in your retention strategy.
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