When we talk about rewards and recognition, you should know that there is a difference in the effect that both create since a reward is about rewarding the results, recognition means agreeing with the behaviour or the result and reinforcing the same. When we talk about formal rewards and recognition, it generally means being a part of some predetermined program. Employee awards plaques are unique, artistic, compliment any office decor and will be proudly displayed for years to come. Using employee awards is an excellent decision to build a competitive edge within an organization or a department. As you can see, the world of competition is healthy and good for the employees.
When you show staff members an award, they can earn they will work harder to get to it, especially if they think it is within their reach.Building motivation is often difficult especially if things seem difficult or the employees work in a high-stress environment. Employee awards are the best thing you can give to a departmental employee for their best efforts or for just doing an excellent job. When you reward employees, you create motivation across the organization. Employees love receiving an award since they love to understand and appreciate by the company they are working in.
Now, these awards and recognition cannot be conferred on anyone for any reason and there are certain criteria that need to be followed for the reward program and to maintain employee satisfaction. Of course, you should keep in mind that when rewarding an employee, match it to the personnel. In order to maintain and retain the good performance management there are few factors that you need to consider when rewarding a person. Always keep in mind that it should be valuable to the concerned individual. The reward should be based on obtainable goals. Now, there are various ways through which you can make the reward program effective. Always ensure that you use performance as the base for rewarding and recognizing an employee.As a manager, use morale building meetings to reward and recognize an achievement.
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According to some people they are provided to encourage and inspire others. The above mentioned points, if followed can help you develop a positive and competitive spirit among your employees which in turn will motivate them to do well.