So, you have decided to implement an employee recognition program in your organization. It is a wise decision at your side. It is because simple monetary incentives are not working in the stiffly competitive market. Your competitors are continuously offering something high to snatch talents from you. It is true that you have nurtured talents over a long period and lots of efforts on training.
In such a scenario, the employee recognition program proves an efficient tool for most businesses. Most of the recognition programs include an event like annual or quarterly and gather staff, management, owners, and some high profile guest mostly attached to the business and community.
When you gracefully hand over a trophy, medal, or even a certificate it becomes a matter of pride. If your selection for awards is smart enough the pride psychology goes ahead and lasts for longer as you have engraved the name of the event, winners, and time stamp on it.
Out of various choices to give up things in the event, medals are always cost-effective and smarter choice mostly for SMBs. Hence, I have decided to discuss at least the top ten (10) benefits of using custom medals in your recognition and other programs in 2019.
1. You Can Win Goodwill of Your Employees Forever by Awarding Custom Medals
As we have discussed earlier that pride psychology is long lasting, your awarded medals to your winner employees inspire them to commemorate moments of events frequently.
It surges positive emotions in the mind of employees who won the award, and you win their goodwill forever. Whatever decision you will take in the future in your organization, they will back you honestly. If goodwill extends up to family and other circles, it will allow your employees to stay for longer on the work and hard work will be admired instead of condemned.
2. You Can Win Loyalty of Your Employees by Awarding Custom Medals
Employee retention is a headache for the majority of companies in Australia and across the globe. Custom medal becomes the matter of pride for winners and inspirational source for rests of employees in the organization.
If you have published your events in media or media have taken coverage of it, your reputation automatically getting high in the niche market and employees who think of living your company may postpone their decision forever.
3. Your Brand Can Earn Reputation by Awarding Custom Medals
If your medals reflect the brand value and messages, it is a good opportunity to do branding with it.
Media might cover the event, and the public will notice your branding efforts positively. It will prove a reinforcement of branding for your company and investment in custom medals seems worthy.
4. You Can Create a Tangible Value by Awarding Custom Medals
We know salary increments many a time become matters to hide from people outside the family or close friends. Bonus and monetary gifts almost remain a personal matter. Against all, medals are of gold, silver, or bronze create a sense of value that participants or the winner can carry at home and displays it publically for many years.
Family members, neighbors, and friend circle can talk about it and show their admirations to efforts, creativity, or any metric set as the goals for the medals. In short, medals become a live source of inspirations for the winners and people attached with them.
5. You Can Become a Talk of Town by Awarding Custom Medals
We know media are always are striving for getting a story or news to cover, and hence, grab the attention of the public. If you have invited some local and national media representatives in your award giving ceremonies, you have enough chances to come into the eyes of an audience of those media.
Media can capture footage of the event and interviewing the winners to boost the morale of the entire staff of the company. The company can include such videos and images into its online and other public profiles with high visibility and ranks.
6. Custom Medals Can Help You to Attract Talents in the Company
With award ceremonies and medals given to winners, year-after-year, you can grab the attention of the talents outside your company. The talents mostly from your ultimate competitors who might love to work with your organization and your open positions will get applications from skilled and capable candidates.
Thus, medals in a corporation can increase the pool of talents and help to add new, and the latest skill sets you may desire for your futuristic goals or plans.
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