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Blog posts tagged with 'employee recognition awards'

The Most Popular Plaques and Awards for Retirees
The Most Popular Plaques and Awards for Retirees
We make choosing the perfect retirement gift easy. With 50 years of experience, we share the most popular plaques and awards for retirees.
How to Implement an Employee Recognition Program (INFOGRAPHIC)
How to Implement an Employee Recognition Program (INFOGRAPHIC)
It’s no secret that competition for talent is increasing in many industries, from the ever-ambitious tech sector to finance and banking, and even to marketing and advertising. You want the best and brightest, and in today’s world, that doesn’t just mean high pay and health insurance.
Don’t Forget To Include Employee Awards In Your Company’s Budget
Don’t Forget To Include Employee Awards In Your Company’s Budget

How important is employee recognition in your company? How do you motivate your team to focus on the big picture? These are important questions to ask when running a business or being in charge of a small team.

engraved employee recognition awards

Employee recognition makes a huge difference when it comes to having workers that just get by in their daily tasks or having ones that go above and beyond. When it comes to performance, awards are an opportunity for leaders to reinforce the purpose of the company, which makes employees want to work harder.

 

Here are four reasons to recognize high-performers at your company with awards:

1. Empower Your Employees

These days, it is hard to find people who have a commitment to solving big problems. When facing challenges, some workers may feel confused by problems, overwhelmed, and stressed.

Rewards can give your workers the confidence required to look for solutions, controlling the situation.

As an exercise, challenge your team members with high-performer objectives. They are opportunities to work for results and add value to the company, which can turn into future compensation in the form of a salary raise or another reward.

You can motivate your workers if you show them that they can achieve anything with their dedication, which allows them to think proactively to solve problems.

2. Rewards Can Make Your Team More Competent And Committed

Social value is one of the most critical factors when motivating people to do anything. How well optimized is the working environment?

When everybody in your team is working, it is much harder for an employee to lack the motivation to perform at the same level. Naturally, the worker will want to outwork other people in his space to get that social recognition.

Of course, competitiveness depends on company culture and values. If your rewards program encourages people to solve problems and work for results, people will focus on those factors.

Whenever you give a reward an employee in public, you will increase that sense of competition that every employee has inside. If you want to get the most out of recognition events, consider setting attainable but challenging goals to keep people engaged.

3. Working Long-Term

When an employee receives a reward, especially if it is an award, they will want to work harder for the company because they are looking to the big picture.

Whenever your company is going through hard times, awards remind employees that they can get over any obstacles. The bigger the reward is, the stronger the motivation will be to repeat that in the future, which leads employees to be more committed to their future projects.

Because of recognition, people feel more inspired to over-deliver at work in both the short and long term.

4. Constant Improvement

The second best way to motivate anybody is to use daily goals where you can constantly measure your progress.

Daily goals and achievements are a reduced version of the employee awards. Luckily, these micro objectives generate enough motivation to make workers accomplish the next day goals. Successful leaders know how to create paths with small goals to lead employees to get a big win in business.

Motivate Your Team With These Bonding Exercises
Motivate Your Team With These Bonding Exercises

Bonding with coworkers can improve the culture and ultimately productivity in the workplace. It's important to find the right activities for different types of employees and work environments. The following are several great exercises that can help teammates bond.

Trust and Bonding Games

Learning to trust co-workers is an important part of working together. There are several activities that can be used to increase trust levels. The classic egg toss is a great way to get two individuals to trust one another as well as adapt to the other's personal style

A scavenger hunt can be used for larger teams. Divide teams into groups of four or more to find hidden objects in a room. The team to find the most hidden objects wins.

Another simple bonding activity includes randomly drawing names out of a hat and placing all employees into groups of two. Each pair has less than five minutes to come up with five things they have in common with who they have been paired with. They also need to come up with five differences.

 

Problem Solving Activities

An example of a problem-solving activity would start by dividing employees into teams. Choose a facilitator not on any team to build a structure with Legos or other types of building blocks. One person from each team looks at the structure for 30 seconds or less. This individual then goes back and instructs the team to rebuild the structure from memory. The team that builds the structure as accurately as possible in a designated time frame wins.

Other problem-solving games might include attending an escape room to work together to find your way out using clues. Either verbal clues can be given or written clues left throughout the room. Divide employees into small groups of two to four. The first team to find the key and escape wins.

Also, Having puzzle contests is a way to keep bonding activities simple. Buy several of the same puzzle and divide employees into small groups. The first group to put together the entire puzzle wins.

Make Sure to Give Awards

Few things motivate people more than knowing there are prizes after all the effort. Award, trophies, and plaques from EDCO are a great way to commemorate teamwork. These can have a positive effect and make employees feel as if they have achieved something positive

 

How Do You Thank A Dedicated Retiree?
How Do You Thank A Dedicated Retiree?

For most companies there will come a time when a dedicated employee will decide to retire. Most will never ask for it, but nothing makes a retiree feel more valued than a proper send-off. It may hurt initially to lose such a great worker, but showing respect and appreciation during their transition goes a long way. If you aren’t sure about how to properly thank them for all of their hard work, EDCO offers many different trophies, awards, and plaques to help recognize employee dedication.

retirement award

  1. Give them something to remember.

    A great way to make a retiree feel important is to give them some sort of physical reminder of your appreciation. A recognition award, trophy or plaque is a great way to show your appreciation. If you feel it is appropriate, you can even add a custom engraving to make it more personal. Include wording that indicates appreciation for the value they brought to the company. When you present the award, take a few quality photos. This can also be gifted later to remember their special moments. You never know what will end up on their mantle.
  2. Find out their numbers.

    Most employees that are planning to retire have spent a number of years working for the company. It would be a great idea to find out the exact number of years they've been there (brownie points for knowing their start date). Recount any major milestones they contributed to or achieved on their own. Find out how many new employees they trained, how many sales they made, their production numbers, or that huge merger they were so crucial during. This information could be put on an award or mentioned in a speech to show them they matter.
  3. Consider your company's culture.

    When thinking of how to send off a retiree, especially if you are considering a party, think of the culture within your company. A smaller company would probably enjoy a potluck during lunch. A bigger, more corporate company may do a small catered lunch. Maybe a more formal after-hours office event would be better. Would it be more fitting to take a moment from a bigger company event, like a picnic or holiday party, to commemorate them? Think about what would be appropriate within your office without seeming too over the top or like you did not care at all. This is also a great time to be able to present them with their engraved award in front of the whole company.

Showing appreciation for long-time employees is a wonderful practice. Not only does it show that you are a caring employer, but it boosts morale for other workers. It shows the retiring employee and current employees that their company cares for all their hard work.

 

 

How to Encourage Employee Loyalty
How to Encourage Employee Loyalty

Employee Loyalty is based on the ideology of obtaining employees who are committed to the prosperity of their organization. Employees also believe that no other organization could benefit them more than the one they are a part of. So how do you encourage employee loyalty? How can you restructure your organization to start tapping into the emotions of your employees?

employee rewards

Establishing an Employee Loyalty Program is a key component to implement in today's workforce. It can a make a vast impact on retention, engagement and even recruitment. Organizations should start by ensuring multiple criteria are met. One would be ensuring that your organization has suitable job conditions for your employees. Whether it be from office cleanliness to a positive work/life balance, ensuring the comfortability of your employees when spending 8 hours a day at the office is key.

Recognition and rewards are additional items to consider when designing your Employee Loyalty Problem that will help build the loyalty of your employees. This may be an obvious addition to your program but there is a right way and wrong way of doing this. For example, rather than giving an employee a promotion you can gather the organization together during a meeting and publicly recognize them with an award in front of colleagues. Either way the promotion will be received but what is different is the lasting impact to your employer, as well as other employees watching.

When focusing on the retention of your employees, an important question must be asked. Is your organization providing opportunities for growth and development? Promoting from within encourages employees to work harder, as well as gives them a sense of opportunity within the organization. When employees notice that they can be promoted at any time within the organization, it creates a fire within them to give the organization their 100%

The program should also focus on ensuring fair treatment for all employers. It should encompass everything within the loyalty program. Ensure there is no favoritism in the workplace to avoid resentment from others. To ensure that the employee feels valued, listening to all your employees is key for them to feel like their feedback is important. Train your leadership to treat all employers like an equal.

The overall goal of the Employee Loyalty Program is to minimize or eliminate employee turnover. Employee turnover is notably costly and can affect your bottom line. So identify the reasoning behind the departure of the employees and utilize the information as a foundation to your program. Build the program from the foundation and up with your employees in mind and prepare for happier and more efficient employees.

Why is employee morale so important?
Why is employee morale so important?

High employee morale is an important component of a satisfied employee. Because morale affects so many aspects of a company, it should be constantly monitored by management. It's no secret that employers are on the receiving end of the benefits that result from people being happy at work. Companies also need to remember that low employee morale can have a negative effect on their bottom line.

employee meeting and awards presentation

High morale is important because of its role in keeping absenteeism low. Employees are much more likely to call into work, even when they aren't sick, when they want to avoid the office. Employers can't expect to get the most out of their employees if they aren't even there. In some workplaces, such as restaurants, other employees need to be called in when people are absent. This can lead to a scheduling nightmare as well as poor customer service if the establishment is understaffed.

On a similar note, unhappy employees are more likely to quit. This costs the company money in terms of constant hiring and training of new workers. If a company has good workers, it is much easier to make adjustments to keep those employees happy than to replace them. People who love their work are less likely to separate from employment.

A company that is known to have low morale may find themselves unable to meet staffing needs. Job searchers are less likely to apply for a job at an employer they've heard bad things about. If employees are unhappy, they commiserate with each other. This can make discontent spread around the workplace. Employees may also discuss their dissatisfaction with family and friends, which can lead to fewer applicants in the long run.

Productivity is positively affected by morale. Happy employees are productive and work hard to make their employers money. If employees have positive feelings toward their company, they will want their employer to succeed. If they feel the company's success will result in positive results for them, they will work hard. One great tool adopted by some of the world's largest companies are corporate awards and trophies designed to recognize and motivate staff members. Crystal awards are very popular and frequently used to honor top achievement.

A safer work environment is another benefit of high employee morale. Employers who are happy and engaged are much more attentive in their work. Boredom and depression rarely have a positive impact on safety on the job. When workers are distracted or can't focus because they wish they were somewhere else, accidents can happen.

Satisfied employees pay more attention to detail. If staff members actually enjoy their work and are interested in it, they will be more attentive. Fewer mistakes are made by employees, which translates into higher profits for the company.

Low employee morale often leads to employees working slower because they don't have the desire to hustle. In business, time is money. If workers are being lazy or just working slower than needed, this will cost the company. Employers should try to increase employee morale if this is the case. If employees can be convinced that they don't want to let down their team, they will be more motivated to do their fair share.

Increase Your Team's Commitment With Employee Recognition Awards
Increase Your Team's Commitment With Employee Recognition Awards

Many employees are disengaged at the workplace. With family obligations and monthly expenses, most people are driven to work out of necessity. Very few people are as loyal to the company as they are to the benefits, compensation, and core values of the business. This is problematic for companies who have a need to keep their turnover costs low. Increasing employee engagement is essential, and one effective way to do that is through employee recognition awards.

 

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Facts about employee motivation

 

Approximately 80 percent of employees tied the presence of a rewards program to feeling valued by their employers. Another 70 percent of employees admit that they would work a little bit harder if there were some sort of incentive program in place. In a 2014 survey, 50 percent of employees report feeling valued by their employer.

 

Importance of understanding the employee

 

Many employers mess up in offering rewards that aren’t aligned with what employees would find desirable. Personalized rewards will be better received by employees than those provided without giving much thought. Gifts that are a surprise and well outside of the normal incentives expected are wonderful ways to influence behavior. Consider the culture of your staff in addition to the budget.

 

Benefits of an incentive program

 

Communicating corporate values is something that is done during the onboarding process. It must be reinforced in order to encourage team members to adopt the culture. Incentives are a good way to tie culture to specific actions that can be taken by employees. You can encourage assimilation with targeted rewards.

 

When you lose an employee, it costs money to recruit and train a new employee. That’s very expensive for some companies. Research shows that companies with recognition programs experience a 31 percent lower voluntary turnover rate than companies who don’t have a recognition program in place. Companies save money by retaining top talent.

Productivity is tied to employee effort in some cases. Incenting employees to give their best effort through recognition program will improve efficiency and your company’s bottom line. It is much easier to encourage employees to achieve when you have desirable rewards being offered.

 

Replacing key employees is expensive. Recruitment is costly. Time spent vetting candidates and hiring them requires a significant investment in time and resources. Making a company desirable to employees requires the use of tools like incentive programs. When employees feel valued, they are more likely to remain onboard.

5 Ways to Increase Employee Retention
5 Ways to Increase Employee Retention

When you hire a worker, your goal should be to keep them for their entire career. While this may not be realistic for every person who becomes a part of your company, lower turnover will result in lower labor costs for the organization. Therefore, it is important that you create conditions that increase the odds that a worker will want to stick around for the years to come.

 

Recognize Their Achievements

 

No one wants to work for a company that doesn't recognize the hard work that he or she puts in. Therefore, it is always a good idea to call out your workers when they do reach a sales goal, hit a service milestone or do anything else that is worthy of praise. The best part is that it doesn't take much to thank your people for the things that they do to make the company a powerhouse in its industry. In most cases, a pin, a plaque or a $20 gift certificate is enough to show that the company cares.

 

Offer Them a Competitive Salary

 

Most people go to work each day because they need their paycheck to provide for themselves and their families. This means that a person is less likely to stay with your company if he or she can make more elsewhere. If you can't afford to pay a competitive salary, you may be able to make up for it with stock options or other benefits to increase a worker's overall compensation package.

 

Offer Room for Advancement

 

One of the easiest ways for a person to increase his or her salary is through promotions up the corporate ladder. While not everyone can go from janitor to CEO, you should aim to help your people get the most out of their skills. In some cases, you may be able to help a worker move up by creating new positions that are tailored to his or her skill set.

 

Act as a Mentor to Your People

 

In the business world, there is nothing more important than a relationship with another person. By acting as a mentor, you are creating one of the strongest connections a worker and manager can have. When you choose to mentor someone, you are telling that person that you care about his or success on a personal level. That type of loyalty is likely to be reciprocated, which may lead to lower levels of turnover.

 

Create an Enjoyable Workplace Experience

 employee awards day

If you can provide nothing else to your employees, provide them with an enjoyable workplace experience. This may include a game room, free breakfast on Friday or an atmosphere where colleagues are allowed to be social with both customers and each other. It is not uncommon for people to stay with a company because of the people who they work with or work for even when they aren't being paid top dollar.

 

The best companies are the one that treat their employees with respect. This is because employees who feel good about their employers will work harder to serve the needs of its customers. Furthermore, people are unlikely to leave a place where they feel valued and appreciated as this can be worth as much or more than any amount of financial compensation.

What is Employee Retention Really Worth?
What is Employee Retention Really Worth?

What is Employee Retention Really Worth?

 

Why do employees quit?
How much time and money does your company spend on hiring and training new employees? If your turnover rate is anything like the national average of 19%, then you're probably spending a considerable amount of resources. Did you know that employee turnover is one of the highest costs associated with running a business? If you aren't taking measures to effectively combat employee turnover at your company, you are wasting both money and time. By developing a thorough understanding of what drives employees to seek other opportunities, you can potentially save significant capital. Here are the facts you need to create employee retention strategies that will keep you from having to spend a fortune on hiring and training costs.

Micromanagement
Micromanagement frustrates employees. Not to mention the fact that it hurts your business in many ways. By allowing managers at your company to micromanage their teams, employees will feel as though they are being belittled and not appreciated. Micromanagement also hinders employees’ abilities to develop job-related skills. If managers are frequently doing the jobs of their team members for them or dictating their duties step-by-step, those team members will not be any better at doing their job at the end of the day. Because of this, micromanagement makes it more difficult for companies to train valuable, skills employees. Employees want to feel as though they're progressing in the workplace and that their skills are valued. In fact, employees who feel like they are regularly micromanaged are 28% more likely to look for work elsewhere.

They're overworked
Overworked employees are less productive and less happy. Employee burnout is a recurring problem within small businesses and large companies. When a business adds to the workload of its staff without hiring additional talent to balance out the workload, it creates stress for existing employees. Around 70% of workers feel like they don't have enough time in their week to complete their job duties. This feeling undermines job satisfaction and demotivates employees. Employees who consistently feel overworked are 31% more likely to look for a new job than employees who are happy with their workload.

Lack of professional development opportunities
Providing professional development opportunities at your company could boost employee retention by as much as 34%. Employees generally want to expand their skillset and grow their knowledge - professional development programs benefit the employee and the business. Through learning opportunities provided by companies like tuition reimbursement, online courses, in-house solutions and off-site classes, employers can show that they place value in their team members by offering them professional development opportunities.

Low company culture
Company culture is essentially the personality of a company. Workers are more likely to enjoy working for a company if there is a strong company culture that involves a positive environment and aligns with their values and expectations. When employees feel as though the fit in with their company, they are happier within their roles. Workers who describe their workplace' company culture as weak are 15% more likely to seek employment elsewhere.

Lack of recognition
Recognizing your employees for their successes and skills is vital to maintaining their job satisfaction. The fact is, people want to feel valued and appreciated at their place of employment. By verbally praising employees when they perform at high standards, accomplish a difficult task, successfully learn a new skill, or skillfully utilize leadership abilities, you're exhibiting that you truly appreciate their efforts. A recent study shows that two out of three employees would leave their position if they did not feel adequately appreciated.

employee recognition article

The cost of employees leaving

What are the true costs of employee turnover? This study shows that turnover costs are considerable. For example, replacing a single $10 per hour employee costs around $3,300 on average. As the salary and requirements for a job position increase so do the estimated costs of replacing an employee in that position.

Hiring costs
Costs associated with finding a pool of qualified applicants and screening them depend on what resources and methods you use for recruitment. Your business might use an agency or recruiter to locate and screen applicants for you. You probably invest in advertisements for open positions. Both of these things along with interviewing candidates, performing background checks, checking references, and preparing to make a job offer all involve money and time taken away from other facets of your business.

Costs associated with onboarding a new hire
Depending on the scope of the newly filled job position, onboarding a new hire can take anywhere from three months to three years. During that transition period, businesses spend, on average, 10-20% of the employee's salary for training and other onboarding processes. Consider the costs of the following items when tallying up what it costs for your business to onboard a new hire.

  • Training programs
  • Wages for any trainers or teachers involved with training and development
  • Drug testing
  • Paperwork processing
  • Equipment and office furniture
  • HR and administrative costs

Lost productivity
It's rare to find a job candidate whose skills are on par with a highly skilled, long-term employee who has just left a company. Hiring someone new almost always comes with a loss of productivity until the new hire functions at the same level as the previous employee. Losing a seasoned employee will cause greater productivity loss than the loss of a more recent hire, but most newly-filled positions will mean a loss of productivity. On average, expect a new hire to take up to two years to reach the productivity level of the previous employee.

Lost engagement
If your company has a high turnover rate, the employees that stay will feel demotivated. The direct result of this is a loss of engagement. Workers stay motivated and on-target when they are part of a team working toward a common goal and members of the team see consistent progress. Progress is difficult to achieve with a high turnover rate. Existing employees feel as though they are fighting an endless battle and become disengaged with their team and their work.

 

 

How to improve employee retention
So how, then, should you improve employee retention? There are several strategies you can employ to save money on employee turnover. Many of them may not be as costly or time-consuming as you might think. While it's true that raising salary tends to have a direct positive effect on employee retention, several less expensive and non-monetary factors have a strong influence on employee turnover.

Before we dive into the two primary solutions for employee retention, be sure that your company is hiring the correct candidates. Every candidate needs to be properly screened. Businesses who fail to complete background checks and call references hire more bad apples than companies who are more thorough. It's also critical to comprise a list of necessary hard and soft skills for each position and include these in the job description. If a description for one of your positions was written over a year ago, it's time to revisit it and be sure that it still correctly describes your company's needs for the position.

Technical skillsets are important, but if you hire candidates based on skills alone, you'll find yourself in hot water quickly. Non-teachable soft skills like time management, temperament, willingness to be coached, enthusiasm, interpersonal skills, and work ethic should be at the top your priority list when screening and interviewing new candidates. More employees fail in a new job position because of a lack of important soft skills, not a lack of technical skills. Technical skills can always be taught or added to, given you have hired the right candidate.

Utilize HR
First, be sure that your business is utilizing HR to the best of its abilities. In 2016, employee retention was one of the top priorities for HR departments. If your business isn't actively urging HR to gather information about why employees are leaving, you're letting critical data fall through the cracks. Conducting exit interviews can help your company gain insight related to why employee turnover is a problem.

Additionally, sitting down with employees when issues occur and documenting their complaints and comments will take you far. Take employee concerns seriously - your employees are trading the hours in their day to work at your company. By listening to and investigating issues that occur, you're gathering valuable information that can be used to directly address problems. You are also showing your team members that you truly care about their experience as employees and value their opinions.

Recognition and incentives
Next, you can greatly improve employee retention by making a better effort to reward high-performing employees. Employee recognition is front and center when it comes to how happy your team members are in their positions. These are some of the simplest ways for you to recognize employees and improve turnover.

  • Verbal recognition. We touched upon this before, but providing verbal praise to your employees is a simple, effective way to affirm to your team that you appreciate them.
  • Giving a physical representation of your appreciation, like an employee award, is a long-lasting example of the value you place on your high performers. Employee awards can provide a daily morale boost especially when they are displayed in plain sight, like on a wall or on the employee's desk.
  • Increase workplace satisfaction with small office perks like free lunch, free coffee, or free snacks.
  • Recognize your employees’ passions by allowing them a few hours per work week to work on a company side project that they enjoy.
  • Shout out employees on social media. Taking the time to post about employee successes and appreciate team members through social media platforms is a simple way to show your appreciation and give customers a behind-the-scenes look at your company.
Improve your company retention through employee recognition
Improve your company retention through employee recognition

Improve Your Company Retention Through Employee Recognition

With all the work responsibilities that land on their shoulders, high-level staff including corporate supervisors and branch managers often forget to give recognition to those who deserve it. Your employees clock in and out every day with no expectations of being recognized or rewarded of their hard work and dedication. Over time, however, this lack of recognition encourages employees to flee from their current employer in search of greener pastures. For a company, this consistent employee turnover can be a hindrance to your business' growth as the hiring and retraining process eat up your profits. Here's five ideas on how to improve your company's recognition by recognizing your workforce.

 employee recognition

Praise Them

 

It costs nothing to give your employees a compliment, but a sincere "good job" or "awesome work" can go a long way with your subordinates. During long days when employees are knee-deep in project deadlines, meetings, and calls with clients, getting praise from their boss can boost morale and encourage them to go the extra mile.

 

Announce It

 

Brag boards are a common display in many hip and young companies, such as tech startups. Whenever an employee achieves something, such as closes a deal with a big client or launches a new product feature, write it up on the brag board for everyone to see. Public recognition is always more rewarding and imbues a proud feeling to the employee who receives it.

 

Be Creative

 

When trying to reward their employees, most companies go with the conventional route of handing out cash. While money certainly can be useful, it tends to be impersonal and sends the wrong idea. Showing appreciation can be done in a lot of different and creative ways, such as spending lunch with your top salesman or having the employee of the month be CEO for the day.

 

Give Them More Work

 

It doesn't sound like a reward, but giving your employees access to more important work can challenge and motivate them to do better. Giving them work outside their pay grade doesn't have to accompany an official promotion, but the employee should be put on track for one as soon as possible.

 working together

Take Them Out

 

Being confined to a 4x4 cubicle in the office with AC for 40 hours every week can take its toll on your hardworking employees. A simple picnic at the park or a hike to the countryside can enliven your workforce's spirit and reinvigorate them with new energy. After a good quarter, take out your entire office for a nice day outside. To make it more fun, encourage them to bring their families with them.

 

Final Thoughts

 

Proper employee recognition is vital to a healthy and happy workforce. It boosts retention rates and saves your company a fortune on constant rehiring and retraining. Use the five tips aforementioned to recognize your employees' achievements without having to lose valuable resources, like money and manpower.

5 Ways to Increase Employee Retention
5 Ways to Increase Employee Retention

When you hire a worker, your goal should be to keep them for their entire career. While this may not be realistic for every person who becomes a part of your company, lower turnover will result in lower labor costs for the organization. Therefore, it is important that you create conditions that increase the odds that a worker will want to stick around for the years to come.

 

 

Recognize Their Achievements

 

No one wants to work for a company that doesn't recognize the hard work that he or she puts in. Therefore, it is always a good idea to call out your workers when they do reach a sales goal, hit a service milestone or do anything else that is worthy of praise. The best part is that it doesn't take much to thank your people for the things that they do to make the company a powerhouse in its industry. In most cases, a pin, a plaque or a $20 gift certificate is enough to show that the company cares.

employee goal achievement trophy

 

Offer Them a Competitive Salary

 

Most people go to work each day because they need their paycheck to provide for themselves and their families. This means that a person is less likely to stay with your company if he or she can make more elsewhere. If you can't afford to pay a competitive salary, you may be able to make up for it with stock options or other benefits to increase a worker's overall compensation package.

 

Offer Room for Advancement

 

One of the easiest ways for a person to increase his or her salary is through promotions up the corporate ladder. While not everyone can go from janitor to CEO, you should aim to help your people get the most out of their skills. In some cases, you may be able to help a worker move up by creating new positions that are tailored to his or her skill set.

 

Act as a Mentor to Your People

 

In the business world, there is nothing more important than a relationship with another person. By acting as a mentor, you are creating one of the strongest connections a worker and manager can have. When you choose to mentor someone, you are telling that person that you care about his or success on a personal level. That type of loyalty is likely to be reciprocated, which may lead to lower levels of turnover.

 

Create an Enjoyable Workplace Experience

 

If you can provide nothing else to your employees, provide them with an enjoyable workplace experience. This may include a game room, free breakfast on Friday or an atmosphere where colleagues are allowed to be social with both customers and each other. It is not uncommon for people to stay with a company because of the people who they work with or work for even when they aren't being paid top dollar.

 

 

The best companies are the one that treat their employees with respect. This is because employees who feel good about their employers will work harder to serve the needs of its customers. Furthermore, people are unlikely to leave a place where they feel valued and appreciated as this can be worth as much or more than any amount of financial compensation. 

A Guide to Boosting Employee Morale with Events
A Guide to Boosting Employee Morale with Events

Want to Boost Employee Morale? Don't Miss These 5 Steps to Energize with Events!

Have you noticed something isn’t quite right in the office? Perhaps morale is down or your employees feel unmotivated by the tasks at hand. Perhaps when you talk to your employees, you hear dissatisfaction, and that is spreading among your teams.

You want to curb employee dissatisfaction and frustration as soon as you can, but it's not always easy to do if you have ignored the problem for too long. That's when it's time to plan an incredible employee appreciation event for your workforce!

If you want to boost productivity and energy all while showing your appreciation for the hard work your employees do every day, then it’s time to intervene and change things up.

What better way to boost employee morale than to plan an unforgettable work event that highlights both your appreciation and the accomplishments of your staff that make your company a success?

Best of all, executing an encouraging, energizing employee event doesn’t take a lot of time or effort, but the pay-off can be huge. Read on to get our top five tips for planning a work event to encourage and celebrate your workforce.

employee appreciation event

 

Step 1: Choose an Event Type and Theme

The first step in planning your employee appreciate event is to answer this question: Are there common activities my employees enjoy doing that put them on common ground? Naturally, eating and socializing are two activities that are equalizers, and, in our experience, these ideas are popular because there is a low barrier to entry and they are fun. Who doesn't want to eat free food and build stronger relationships?

In addition, you might think about additional attributes of your workforce. Are they competitive? If so, they might enjoy a Trivia Night, for example.

Here are other options for selecting a unique event type and theme:

  • Employee Appreciation Breakfast – Cater a morning meal for your crew.
  • Back Porch BBQ – As the boss, fire up the grill at the office and grill employee favorites for lunch.
  • Happy Hour – The tab is on the company with this after-work celebration at a favorite local bar.
  • Ice Cream Social – Create an ice cream bar with a variety of ice creams and toppings. Invite employees to take a break to socialize and eat a sundae.



The key is to select an event type that will bring your employees together and celebrate them via a kind and thoughtful gesture.

 


Step 2: Define the Purpose of Your Event

At the end of the party, what are you hoping to get out of it? What do you want your employees to do? How do you want them to feel? This will help determine what you actually do at the event.

For example, here are a few defined outcomes for an employee appreciation party that you may want to consider:

  • Employee Recognition – Who are the quiet leaders, the all-star team players, the sales giants, etc. that make your company run smoothly? With this event, make sure you find a way to include and recognize everyone, such as giving out framed certificates or plaques with official achievements and appreciations.
  • Boosting Morale – Are your employees feeling overworked and undervalued? If so, you may want to solely throw a great party that reminds them that your company wants to give back to them in a special way.
  • Company Achievement – Did your company recently hit a sales goal? Did your organization surpass a fundraising goal? This is your moment to throw an event that recognizes how each person made it possible to get there.



It's possible that your event will have a dual purpose, and you can incorporate this into the flow of your event. It's simply good, however, at the outset, to remind yourself of why you are organizing the event and what you hope to give to your employees or have them take away from it.

sponsoring a company event


Step 3: Decide on the Details

Event details for consideration can be broken down into three categories:

  • Budget
  • Location
  • Activities



First, you'll need to set a budget. The only way to know exactly what you can pull off is to know what you can afford to spend. The budget doesn't matter as much for the amount of money you can spend as it does giving you a limit for spending and planning. You don't want to plan a $100,000 event when all you have available is $1,000.

Be savvy and smart with your budget and you'll be happy and less frustrated with the end result because you don't have to scale back.

Secondly, think about your location. Choose a location that makes it easy for all of your employees to get to – such as an event space at your place of work or close by. This works especially well if your employees commute in to work from other cities. You want to increase the likelihood that your employees will participate in your event by making the location an ideal and convenient one for as many of them as possible.

Of course, be sure to go with a location that fits within – again – your budget. Check into at least three places to get estimates for event space rental and catering. Do a cost/value comparison before deciding.

At the end of the day, however, your office space may be the best spot because it is convenient and a money-saver for your company. You won't have to pay extra for space rental!

Thirdly, consider the kinds of activities that will take place during the event. For example, are you giving out awards at your event? Is your event a team building one in which there are more physical activities? Are you hosting a party where there will be a gift giveaway by your company? In the midst of your activities, how will employees eat and drink? Is there a seated dinner or a snack table? Make sure you are thinking of all of the pieces that need to come together in order to pull off your event.

devise a plan


Step 4: Go into Action

With your plans set and your questions answered, it's time to go into action. You'll need to:

  • Name your event.
  • Set a date for your event.
  • Secure the event space and catering.
  • Write, design and send invitations.
  • Order flower arrangements
  • Order special gifts, certificates or awards.
  • Order special swag to give away or any other necessary assets to pull off your event theme.
  • Set up a system for measuring success.



It's important to make a list of all the items you'll need to order and to price them ahead of time to make sure they still fit within your budget. Also, factor in enough time to have the items shipped to you. You can't give out awards at an employee recognition dinner if those awards don't come in on time!

Finally, craft a survey as a way to quantify and evaluate the success of your event. This works especially well if you survey your employees in the month leading up to the event. If employees feel more appreciation and job satisfaction after your party via the survey you send them post-event, then you've been successful in meeting your party goals!

celebrate


Step 5: It's Time to Party

With everything set in place, it's time to show up at your event or party and just have fun with your employees. Everything you've planned culminates into this event -- and it's up to you to be the emcee that cultivates a message of appreciation and pride in your workforce.

It's truly amazing what a few kind words can do to boost employee morale. In fact, research shows that employees are by far more motivated by a boss’s "Great job!" than they are by more money or other incentives. Keep the spirit of this revelation in mind as you plan your employee event and craft the message you will share with them.

At the end of the day, everyone wants to feel valued, included and part of something significant for the greater good. When they don't feel that way, they begin to look elsewhere -- and if you want to keep your staff and reduce employee turnover -- then make sure appreciation, encouragement and public recognition are part of your employee satisfaction strategy for the future!

Now get ready for a great party!

Ready to Start Planning Your Next Workforce Event?

Now you're ready to plan your very own event for your employees. Keep in mind that your employee appreciation event can be as simple or as creative as you want. It really depends on your budget and your sense of what would motivate your employees.

The goal, regardless of what kind of employee event you choose, is to have your employees feeling what can be summed up by the acronym MAUI:

  • Motivated to continue working for the company.
  • Appreciated for their critical and important work.
  • Uniquely celebrated among their peers. Everyone needs to be recognized in some significant way.
  • Invested and interested in a future with your company.



Keep this MAUI acronym in mind as you think through your end goals, and keep this quick guide with you as you plan your next employee appreciation event in just five simple steps!

 

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