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Blog posts tagged with 'retirement 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 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.

 

 

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.

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