What are Employee Awards and RecognitIon?
- Establishing a system of recognition through awards and prices can boost your employee’s productivity and motivation.
- Motivation and the will to improve come naturally if employees are happy working for an organisation.
- Validating and recognising their work, results, and/or efforts reassures employees that their job is necessary and valuable to the company and the team.
The awards can come in a way of monetary compensation. Such as bonuses, vouchers, extra paid days off, or even promotions.
But the recognition system shouldn’t only rely on economic compensation.
What are the benefits of giving employees validation on their work?
- Boost your employee’s motivation and
- Increase in the overall productivity of employees.