Your One-Stop Solution for Service Awards Program
A focus on positive recognition can result in a 31% increase in employee productivity¹.
Step-by-Step Guide
Gone are the days of static careers! Today’s average employee tenure is 4.1 years, making employee loyalty a critical asset. Recognizing and rewarding tenure with a strategic service awards program is key to boosting morale, reducing turnover, and attracting top talent.
But with hundreds or thousands of employees, where do you begin?
Step 1: Inventory Employee Milestones (Retention Insights)
- Identify how many employees will reach 1, 3, 5, 10, 20+ year milestones in 2024. This concrete data informs program scope and budget allocation.
- Set your starting point (1 year, 10 years) based on numbers, industry standards, and retention goals.
- Analyze distribution of employees across anniversaries to reveal retention strengths and weaknesses, guiding future initiatives.
- Leverage this data to identify employee segments requiring focused retention strategies.
Step 2: Craft a Budget
- Start with an annual amount and allocate across milestones, or set a budget per milestone and calculate the annual total.
- Prioritize meaningful recognition for long-tenured employees (20+ years) commensurate with their achievements.
- Consider cost-effective solutions like acrylic awards, paired with recognition events, for early milestones.
Step 3: Explore Recognition Options (Engaging & Personalized)
Acrylic Awards
Popular choice for fun, branded designs at lower costs.
Crystal Awards
Utilize subsurface designs for unique appeal and budget optimization across milestones.
Travel & Experiences
Elevate recognition with commemorative trips or bonus PTO for travel.
Employee Events
Host lunches or dinners to amplify the impact of awards and foster peer recognition.
Personalized Touches
Go beyond generic awards with inscriptions, custom designs, or engraved messages.
Step 4: Launch & Communicate (Program Effectiveness)
- Choose an effective launch date.
- Consider retroactive awards for employees who recently reached milestones.
- Communicate program details clearly and transparently.
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Let Award Maven Guide You
Our experts help you navigate every step, from idea generation and budgeting to award selection and implementation. Contact us today and create a service awards program that boosts employee engagement, recognition, and retention!
Have questions or need assistance? Our friendly customer support team is here to help. Click the button to start your order and let us guide you through the process.
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Explore our expertly curated collection of awards and recognition products. We offer diverse options tailored to your budget, brand, and award categories.
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After you start your award program with Award Maven, you can sit back and relax!
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The ROI of Employee Recognition
American businesses lose a staggering $550 billion a year due to employee disengagement. What if there was a simple, cost-effective solution to reverse this trend?