Employees are the most significant living resources for a company or business. If a business has acknowledged this fact and prepared the right strategies as well as taken right approaches, employees can lead that company to immense growth.
If we closely look at the factors, which are playing a vital part in overall productivity, we can list those in the following order.
- Bread & butter
- Health
- Financial or income security
- Social Reputation
- Self-esteem
- Self-recognition
If you are an established organization or corporation obeying laws of lands, you have secured the first four things for your employees, for instance,
A permanent job & good pay scales to earn enough to maintain good health, financial needs like brought up kids, bearing educational expenses, some saving to pass retired life securely and peacefully.
Social reputations automatically come with a permanent job and a good financial status. Unfortunately, these things only keep employees to come at work regularly but prove inadequate to improve their productivity and motivate them to do some extra for your company or business.
It is self-esteem and self-recognition, which are things that can encourage, motivate, and inspire employees to go extra miles in their work, performance, and creativity to push the entire company on the path of growth and prosperity.
Therefore, smart managers and strategists in an organization offer a variety of incentives to incentivize the employees. Salary hike, bonuses, increments, allowances, gifts, and various packages including travel, vacations, and holidays are arsenals to keep and incentivize the employees.
However, such incentives seldom restricted up to an employee as a personal matter unless an employee declares the details among the staff. It frequently considered the benefits of seniority in the job. Thus, it may not become the cause to encourage others to achieve those all or inspire others to go beyond their boundaries to grab it.
Now, corporate awards in employee recognition programs play a vital part to boost the morale of the employees in organizations. Awards, trophies, medals, plaques, certificates, and even ribbons are things capable of doing a big in a sense to boost morale and encourage employees to go extra miles in their job or work. It because awards always are a matter of pride whatever it is big or small.
Awards can showcase in offices or homes of employees and fulfill their psychological basic needs, self-esteem, and self-recognition directly. Awards and trophies directly tell onlookers that the winner has some outstanding capacities to stand apart from the rests of participants. It is "Carrot" policy against "Stick" (Punishment) policy and acts in positive ways.
Now, you have established the significance of awards in your corporation or company growth. So, the question remains of how to leverage the award ideas to boost the morale of employees in your organization. Let’s check some ten ideas for it.
1 - Teamwork Awards
Collaboration and cooperation are keys to success for the corporate world. The power of an individual is insufficient to achieve the goals of the business. Only cumulative efforts can win the battle in the fiercely competitive market.
So, if you declare teamwork awards or trophies and set parameters/goals for it, the entire team will work in that direction and try to achieve the goals you have set.
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Olympia in Australia is offering various trophies and awards to present as teamwork awards. The award will encourage teamwork and tie strong knots among the members. Teamwork awards must symbolize synergy and collaboration through various figures, icons, and objects. So, anyone can guess easily that it is for teamwork efforts. For instance, a ball indicating the globe lifted by two or three human figurines or a simple ball pushed by human figurines on a slope. |
Engrave the details of achievements by the team and place it in your office or space where the team is.
2 - Going the Extra Mile (GEM) Awards
Many enthusiastic employees are working more than standard expectations. Whether they outperform in an event, foster business relationships, or provide outstanding services that may increase the reputation of the entire company.
Technically, there is no prior nomination to participate in the award program. It happens naturally, and staff or management notice it.
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Olympia also creates star awards for such occasions, and you can customise the logo, texts, and design of awards. You can engrave GEM achievement at the base in short. Such awards should be one-time awards and indicating the name of winners on it. |
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If achievement is big, think of trophies at a big budget — medals with cases and certificates with frames.
3 - Customer Service Awards
Customers always are at the heart of a company selling products in the market. Consumers love customer services provided at the time of purchase and afterward. If any employee whether achieving the set goals for customer services or go the extra mile to provide such services and resulting into a big profit for the company or applauded by the customers in various online media, the winner must be awarded for it.
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Olympia is facilitating organization to offer the best customer service awards on an annual or quarterly basis if the company is service-oriented. You can engrave the name of award winner on the trophy base and keep in office or handover to the individual winner to take pride of it at home. |
Customer service awards encourage service providing a team to work hard and win the award as well as applauds from the beneficiaries of your services.
4 - Professional Development Awards
We are living in a skill-fluid era where new technologies are emerging and getting foothold quickly in the market. Employees have to learn those at a rapid pace. However, a few are capable of grasping and get mastery over it.
| For professional development, you can encourage coaches to give the best training on upcoming technologies and skills by awarding them with coach awards.
Olympia is manufacturing various awards to encourage skill development among the employees, particularly who belong to technical departments like IT, and engineering. |
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In large organizations, technical service providing companies, and manufacturing industries are always in a struggle to improve their skill base and encourage professionals to learn edge-cutting skill sets by pushing their boundaries and investing in it.
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