By John Leverence
A pragmatic, step by step advisor to making and imposing awards programs--both new and existing--and easy methods to make the most of optimistic effects.
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Additional info for And the Winner Is...: Using Awards Programs to Promote Your Company and Encourage Your Employees
Many companies agree. "Dollars and cents are not where it's at in tenure recognition," says Marilyn K. " Rather than specify five-, 10- or 15-year recognition awards, Bowers offers its employees a choice. "Some people like to have the jewelry items as day-in/day-out reminders to themselves and others of their `pride in ownership' in their company and work, while others prefer the travel packages," says Bowers. " Page 22 What Kind of Awards Should You Give? Most businesses can benefit from recognizing loyalty among workers.
Corporations, which found that more than half of these companies have some sort of recognition program in place. However, respondents felt that public recognition is a good way to create role models for other workers. The Timken bearing and steel company in Canton, Ohio, is one of a growing number of businesses that has decided to trade in its cash-for-suggestions program in favor of a nonmonetary Dedication to Excellence Award. Lloyd Groves, manager of associate services, explained the reason for the switch: ''A lot of the time, it was centered on monetary values," he said.
Clearly, some types of award programs can actually undermine the company's long-term goals. For instance, if you offer an award to the salesperson who brings in the most new business during a particular month, you actually may be encouraging your sales staff to ignore existing accountsat least until the contest ends. Since repeat business is vital to any organization, this kind of behavior obviously would be detrimental to the company over the long haul. In other words, when creating an awards program, it is vital that you take care to reward the specific behavior you desire.
And the Winner Is...: Using Awards Programs to Promote Your Company and Encourage Your Employees by John Leverence