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Blog posts tagged with 'corporate recognition awards'

The Evolution of Retirement Awards
The Evolution of Retirement Awards

Considering the history and the fact our modern understanding of retirement has been a very recent phenomenon, you may be inclined to believe that there hasn’t been much of an evolution in retirement awards but you’d be wrong. Rewards have existed for as long as the idea of what retirement was has existed and they’ve changed along with it.

Retirement celebration award

It took a while for society to recognize the benefits of retirement awards, along with any other award in a good employee recognition program, but that doesn’t mean that these benefits could soon become obsolete. If anything, awards like these are even more important in today’s world considering few people stay with the same company for most of their working lives. Turnover rate has increased by a staggering 88% every year since 2010 and this low talent retention rate is proving to be costly, making it all the more important to honor retiring employees who’ve been with the company a long time.

So, what has the evolution of retirement awards looked like? Read on and find out!

Sheriff retirement award

The First Retirement Award

The first instance of an “award” for retirement dates all the way back to ancient Rome when Emperor Caesar Augustus offered certain legionaries in the empire’s army a retirement package. The package was about 13 times a soldier’s annual salary, and this monetary compensation can be considered the first retirement award in recorded history. It was available to soldiers who had completed 20 years of service in the Roman legion alongside five in the military reserves. This idea was first implemented in 13 BC and was initially funded by general revenue but eight years later in 5 BC Caesar Augustus established a special fund to award retired legionaries their compensation.

Unlike the retirement awards given out today, which are meant to honor an employee’s hard work, dedication, loyalty and show appreciation, this financial compensation was awarded for entirely different reasons. Caesar Augustus awarded his legionnaires money not out of appreciation for their service but to keep them from revolting against the Roman Empire. It was an incentive that aimed to keep retired soldiers loyal. In addition to this, some soldiers were awarded a parcel of land, but it remains unclear if all soldiers were given both land and money or a choice between the two.

Today, we understand that keeping employees happy with their work and loyal to their employers shouldn’t be done after the fact, but this just goes to show how much retirement awards have evolved over the years.

Monetary compensation in the form of pensions would again be used as an award for retired soldiers, this time almost 1600 years after the Roman Empire awarded their legionnaires money upon their retirement. In sessions between 1592 and 1593 the British Parliament made a pension for soldiers that had put themselves in grave danger, lost limbs, or became disabled from injuries sustained in combat. Lieutenants could get up to 20 English pounds while privates could get up to 10.

Crystal retirement award

Retirement Awards For the Modern Era

For the next few hundred years in human history, retirement plans would become available to more and more people across the world, but monetary compensation remained the norm for retirement awards. It wasn’t until 1935, with the enactment of the Social Security Act and later amendments to it, that retirement became a real possibility for millions of Americans. Following this act is when retirement awards as we think of them today – trophies, plaques, vases, and more – came into being. Since more people were eligible for financial compensation in retirement, something special was needed to celebrate and honor those who had been with the same company for a long time and retirement awards as we know them today were born.

Find Modern Retirement Awards at EDCO

When you’re looking for the perfect award that truly communicates how much you and the company appreciate the dedicated work and loyalty of a retiring employee there’s nowhere better than EDCO – the nations leading supplier of recognition. Shop our vast selection of or create a custom award today!

How To Celebrate Your Employees In a Work-From-Home Environment
How To Celebrate Your Employees In a Work-From-Home Environment

The severity of the global COVID19 pandemic prompted quite a bit of change in practically every aspect of life, but particularly in the business sector. Abrupt closures of thousands of businesses meant offices and other workspaces were abandoned as a new era of remote work was ushered in for millions across the entire nation. The abrupt change, coupled with the uncertainty of the pandemic, meant that as employers scrambled to transition their operations online as best they could some elements were lost in the process. Unfortunately, this resulted in many employee recognition programs falling to the wayside or put being put on hold.

In the year since the onset of the pandemic, many companies have learned how to successfully digitize much of what they do, and many now offer more digital services, but regardless of the reliance on in-person or remote work a good employee recognition program is still important. In some ways, it’s even more vital to company success in a remote, work-from-home environment.

The specifics and frequency of awards will vary from company to company, but all should enjoy the same benefits. By celebrating and honoring the accomplishments and hard work of their employees, businesses can motivate their employees to be more productive, work more efficiently.

Use recognition awards to motivate our remote employees

Continue the Tradition of Employee Recognition

Maintaining a good employee recognition program will also boost employee morale and contribute to more supportive culture that lowers retention rates. It’s simple – if employees feel as though their hard work and dedication is not just appreciated, but publicly recognized they’ll want to work harder and have less interest in searching for employment elsewhere. This acknowledgement is especially important when facing a work-from-home environment, as you won’t have the opportunities to show your appreciation through words and actions in person in the office.

Considering the importance of employee recognition awards in a work-from-home environments, you’ll want to give a lot of thought into the type of award you’re bestowing. Such awards should be meaningful, public, and personalized so they truly convey how appreciative you are of your employee’s hard work. To create a meaningful award, incorporate some work from home element in the name or physical trophy itself. If some of your employees work in office and others are remote, perhaps give out a remote employee of the month award in addition to an in-office employee of the month.

Remote employee recognition awards are powerful for team building in a remote environment.

Embrace the Changing Environment by Recognizing New Achievements

We all know that working remote comes with its fair share of technical difficulties, so perhaps give out an award to those who persevered despite having a bad internet connection or other technical issues. Even if you can’t physically present the award, make sure the recipient is brought up in a company meeting or in some other way where all can see. Lastly, you don’t want to get something generic without the company logo or recipient’s name engraved because it’ll make it seem like you didn’t put any thought into the award.

Regardless of how you decide to celebrate the accomplishments of your employees during a work-from-home environment, EDCO has such a massive selection of trophies, plaques, crystal awards, and more that you’re guaranteed to find an award that meets your needs. Shop our selection today!

Plaque or Trophy? We Can Help You Decide!
Plaque or Trophy? We Can Help You Decide!

It’s a good sign when you’re having a tough time narrowing down the list of employees who are up for an award – every company would love to have multiple employees who are highly motivated, hardworking problem solvers that can always be counted on – and they should be recognized, but it can be hard to figure out what kind of award is best. Do you get a plaque or a trophy? Not to worry, because as the nation’s premier supplier of recognition EDCO is here to help you figure out the best way to show staff, team, or customers that you recognize their excellence, commitment, and passion.

Employee recognition awards can largely be split into two groups: plaques and trophies. However, prior to deciding which of these options to go with, you’ll want to determine what exactly corporate awards mean to your business. You want awards to speak to the services you provide, as well as company values or a company mission, so it’s important to walk the right line when it comes to recognizing employee achievement. You don’t want these awards to lose their meaning or have their purpose lost.

Considering the many benefits of a good employee recognition program such as increased motivation and employee morale, it’s paramount to get things like this so it can be a win-win for the business and the people who make it successful. Whether you choose a plaque or trophy may seem like an insignificant decision, but it’s important and there are several things to consider.

Plaques make excellent award displays

Award Plaques vs. Trophies

So, should you get a plaque or a trophy? Each has their own pros and cons. Trophies obviously don’t take up any wall space and while they do take up desk space they can be passed around among employees. For example, an employee of the month award can be transferred from recipients on a monthly basis. This doesn’t just save space but it will save the company money as well because it’s one less thing that needs to be purchased every month. If you won’t have wall space to spare or are particular about the things that go up in the workplace, trophies are they way to go.

 There are also more unique designs and materials to pick from with trophies, giving you the ability to bestow an award that’s truly different and exclusive. With plaques the materials and designs are far more limiting while employee of the month trophies can be made out of glass, crystal, or acrylic and shaped into a wide variety of different designs. At EDCO, we have a wide selection of gorgeous crystal awards shaped into diamond, flame, stars, globes, and more alongside pristine glass awards in black, red, green, blue colors and artistic shapes.

On the other hand, award plaques take up no desk space. If your office space has limited space, or is already quite cluttered, employee recognition plaques would be the smart choice and won’t get in the way of things. However, there are some plaques that can be both freestanding and hung on a wall which give you far more versatility than a trophy. Additionally, this gives the recipient far more freedom to either use their desk or wall space as they see fit.

While the design options are a little more limiting, EDCO carries glass and acrylic plaques in addition to the typical wooden and metallic variants. There are also typically more customization options with plaques, as most have space for more than just an employee name and year to be added while not all trophies have much space for engraving.

Crystal desk trophy

Making the Decision

So, do you go with a plaque or trophy? Weighing the pros and cons of each is up to you, but regardless of your decision EDCO has a wide enough selection of each that you’ll be sure to find one that meets your preferences and budget. Shop with us today and be sure to come back to EDCO for all your employee recognition needs!

How to Close the Communication Gap Between Employees and Managers
How to Close the Communication Gap Between Employees and Managers

Four Important Tips for Closing the Communication Gap between Employees and Managers

One of the most important success factors for any business is efficiency and accuracy in communication. In many businesses, communication problems manifest vertically rather than randomly. It is more common to experience communication barriers between subordinates and their superiors than between employees on the same work level.

 

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When these challenges are present, it becomes difficult for the two parties to achieve the common goals of the organization. While both groups may ultimately be working to achieve the same corporate goals, the operative goals become unsynchronized, threatening the company’s ability to achieve the former. The following tips will help you to identify and close such communication gaps.

 

Identify the Symptoms

 

Before attempting to eliminate the perceived gaps in communication, it is necessary to identify the symptoms of such a problem in your organization. The first step involves looking out for some of the commonest signs that the company may be suffering from misalignment.

 

Companies that have communication problems will exhibit confusion, misaligned priorities, indecisive actions, unclear motives, and overall lack of awareness. Communication gaps normally appear in different ways such as in technology, interpersonal issues, and motivational aspects.

 

As an illustration, technological gaps that lead to miscommunication are common in organization whose employees have opposing views toward technology. Generation Y employees may easily be drawn to solving problems using technology while, the baby boomers could prefer to do things using the older ways.

 

When these two groups of employees are working under the same corporate wing, such problems will manifest relatively quickly. The problem will be more pronounced when the hierarchy has theses generational differences. For instance, the workers could be from Generation Y while the managers could be baby boomers who are still unwilling to welcome new technology.

 

Measure the Gaps in Communication

 

It is essential to determine the basic characteristics of the communication gaps when attempting to fix this problem. The first step is measuring its size and trend. One way you can do this is by reviewing all the communication that has occurred between the employees and their managers and tallying the number of synchronized communication versus misunderstandings and cross-purposes.

 

You may also request feedback from the employees and managers without making any attempts that could stifle information as that might lead to less efficiency in the company.

 

Undertake Resource Assessment

 

Some causes of miscommunication between employees and their employers can be solved by injecting resources in the right places. For instance, one may easily solve technological gaps by upgrading the available equipment and software.

 

It is important to identify whether the communication problems are related to acrimonious issues since these cannot be solved using technology. In some cases, the communication problems can be solved by introducing company phones, upgrading the phone software, or fixing the faulty internet signal.

 

Do not Underestimate the need for Training

 

One of the reasons why the technological gaps continues to grow everyday between employees is the fast pace at which innovation is happening. Younger employees are quick to pick up the necessary skills and utilize them while older workers are more conservative with their tools.

 

Every small and midsize company needs a program that runs routine employee workshops where all the workers are exposed to the newest technology especially in regards to communication and efficiency.

 

Conclusion

 

Identifying and closing the communication gaps in your organization will streamline most of the company operations. It will improve your organization’s ability to plan and execute key projects.

 

The first step involves looking out for signs of miscommunication between the workers and the managers from feedback and the communication log. You may then proceed to measure the gap, assess the resources needed and offer the necessary training to workers.

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