19 May CORPORATE AWARDS AND TROPHIES: HOW THEY BOOST EMPLOYEE MORALE
“People work for money but go the extra mile for recognition, praise and rewards.” – Dale Carnegie
Recognition of one’s efforts gives every human – from a child to a corporate CEO – the urge to carry oneself through the toughest tides. However, acknowledgement and appreciation often become the driving factor for employee satisfaction, better goal-setting, and focused efforts for professional performance.
The most successful businesses recognize and reward their employees at all levels and regularly maintain a positive environment of appreciating excellence. Recognition in corporate awards, corporate trophies etc., inspire employees to put in their best efforts.
The level of enthusiasm of a new employee is similar to a full moon, shining bright and diminishing over time like a waning crescent if left unrecognized. According to research, 50% of workers dislike their job. But after getting acknowledged, employee productivity and performance become 14% higher.
BENEFITS OF CORPORATE AWARDS AND TROPHIES
Organizations can follow an effective employee recognition process through simple, immediate, and powerfully reinforcing.
The most successful businesses or associations are the ones that have reward and recognition programs in place to acknowledge excellence regularly. Research emphasizes how tangible recognition like corporate awards, medals, corporate trophies, custom mementoes, plaques, and other personalized tokens are valued by people much more than money or regular gift items.
Such custom awards and trophies bring a positive attitude to the employees and cultivate a healthy, employee-friendly and highly productive work environment.
Such gestures ensure:
Better commitment and sense of belonging:
When individual contributions and efforts are acknowledged and appreciated by the organization, employees feel more connected to their work, team, and company. It nurtures better commitment and a feeling of belonging in the workplace.
A change in attitude:
A little attention can change a person’s mood for the whole day. The awareness and gratitude displayed by the company or a team to the employees can change their attitude to work positively. A custom plaque with the name and achievement engraved on it for the best individual contribution can motivate employees and inspire them to contribute more.
Better self-worth:
When someone’s voice is acknowledged, they feel necessary. The sense of being essential builds confidence and brings in the sense of being valuable to the company. A custom crystal trophy for the best team or the ‘Best Performer’ award for the month can elevate their self-esteem and productivity much more than an appreciation email or word of congrats.
Healthy competition:
Seeing teammates or colleagues rewarded for their work inspires employees to strive harder and stay goal-oriented, thus building healthy competition.
Increased productivity:
Recognition in the form of custom medals or silver plates is not only a way of appreciation from the company but a token of trust. It helps in reducing the work pressure and subsequent stress, making the workplace a better and more enjoyable place to look forward to. In addition, such gestures help them strive harder in a more focused and self-motivated way to justify the management’s trust in them.
Retention of employees:
Timely appreciation and recognition at work would nurture a sense of belonging and responsibility towards the organization. In addition, such a gesture builds loyalty and long-term commitment to their employer and the company, thus ensuring employee retention.
Goodwill:
Respecting and valuing every employee increases the reputation of the company. Acknowledgement changes the working environment into a better place. It is always a win-win situation where employees are happy, and the corporate receives their goodwill, which prospers the company.