06 Aug What are Long Service Awards and why are they important?

Long Service Awards – Appreciating Employee Loyalty The practice of rewarding employees for their long-term contribution to the company is an old one. The award ceremony itself celebrates its success at retaining employees for a more extended period, therefore contributing to its reputation as an excellent place to work. However, companies no longer wait for 25-30 years to elapse before considering an employee for a long service award. Long Service Awards in the ‘Millennial’ Age Given how the current ‘millennial’ workforce loves to jump across companies and profiles on the lookout for better pay and favourable work culture, it has become essential for a company...