Should the Workplace Promote Employee of the Month Program?
Employee motivation is essential, if the worker is to go that extra mile, and most companies will have some sort of incentive program to reward employees for excellent performance. Staff motivation is considered an essential component in any business, and with incentive schemes, a business can significantly improve performance and output.
People like to have their efforts recognised, and for a company to have an Employee of the Month Award, every worker has the opportunity to be recognised for their outstanding performance. If a person is looking for trophies in Perth, Sports Star Trophies offer a wide range of trophies and awards, which are ideal for the winners of the monthly competition.
Many businesses have lost high performing employees due to a lack of incentives, proving that an annual pay increase just isn’t enough to keep the talented workers. Regular awards build team motivation, and keep the staff interested and focused, not to mention improving the overall morale of the workforce.
These awards differ from the regular sports trophies, and are tastefully designed with a chrome stand, and the winner’s name should be engraved on the plaque provided, personalising the award. A corporate trophy is the perfect Employee of the Month award, and with a different winner every month, a regular supplier is needed. There are online trophy suppliers that can have the award engraved and delivered by the client’s deadline.
Small investment – Big return
From a company’s point of view, a monthly award will pay dividends, as the increased performance will result in increased production, and more revenue. The creation of a workplace incentive scheme should be carefully considered, as it could provide your team with that necessary boost to elevate the business. This monthly expense should not be considered an extra, rather it should be part of the regular budget, and it is an investment that is likely to pay big dividends in the long term.
An employee recognition program should cover the following,
- Work ethics
- Creative problem solving
The criteria should be clear to all employees, and the event should be well publicised, with a special page of the monthly newsletter dedicated to the award. There should be information about the winner, and details about why he or she was selected.
That winning feeling
The major benefit of an Employee of the Month Award is that all the staff will be silently hoping that they will be next month’s winner, and will strive to attain that. The award will motivate staff to perform well, and if the presentation is carefully organised, the desire to win will be increased.
Are employee recognition awards worth it? The short answer is yes. If all the employees are striving to achieve the award, then the business will be much more efficient, and the overall performance will increase. By creating a competitive working environment, the company will benefit in more ways than one.http://www.publicprivatefinance.com/workplace-promote-employee-month-program.htmlEmployee Motivationpromote employee