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Successful Recognition Award Programs |
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Successful Recognition Award Programs
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With multiple material substrates and a universe of
styling options, McGRAPHIX simplifies the award purchasing
process by partnering with the some of the best award manufactures in the
industry. The result is almost 2,500 award product options and a
performance based supply chain.
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Top 10 Steps To A Successful Recognition Program
Typical recognition programs include the
following elements. We’ve added some things for companies to keep in
mind when developing each phase of the program.
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Program Objective: It
should be consistent with the company’s values, principles and
objectives for improving productivity and performance
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Program Theme: Recognition
is fun. Theme ideas are endless!
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Award Period: Whatever your
time period, keep the program visible with regular updates and
benchmarks—even mid-period awards
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Recognition Categories: Clear and definitive boundaries must be set — with criteria above
and beyond what is normally expected from employees
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Eligible Participants: All
employees related to that department, goal, etc., must be eligible
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Program Qualifications: A
recognition program must provide equal treatment for equal
accomplishments
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Presentation:
Recognition and rewards must be timely to the achievement.
Acknowledge actions as soon as possible. Generally, public
commendation is better than private
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Budget: When
performance goals are met, the increased sales, profit or cost
savings to the company will far exceed the cost of a recognition
program
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Awards: Recognition
is not compensation! Studies repeatedly show that employees rank
recognition for accomplishments higher than money
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Cost Analysis: A
well-structured recognition program virtually pays for itself due to
increased profits, cost savings and employee morale that result from
meeting program goals
* Excerpts from Visions - Awardcraft 2009
article Selling Recognition Programs & Awards | Sales Ideas and
Program Tips for Today’s Marketplace. For the complete
article, see the Visions - Awardcraft website link under the
RECOGNITION AWARDS
section.

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Award Programs
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Studies Show People Want and Need Recognition and
Appreciation*
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Recognition boosts people’s esteem and
performance
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Recognition signifies that someone notices
and someone cares
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Recognition is increasingly important in
today’s business environment
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Recognition isn’t just for the person who
performed well. It’s also a message to other employees about the
type of performance that gets noticed in an organization
Bottom line, an organization that wants to be
competitive needs to make employees feel valued. A national survey by
Robert Half International found that “limited praise and recognition”
was ranked as the primary reason why employees leave their jobs today
ahead of compensation issues.
Applications
A recognition program of any kind and purpose
can be created. The following are the primary types that apply to the
corporate environment:
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Sales Incentives: This is the number one
application for award programs
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Recognition here focuses on improving
performance and self esteem
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Service Award Programs: These are designed
to positively reinforce actions that increase quality and
productivity, and / or meet other corporate goals
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Safety Programs: Here the emphasis is on
reducing accidents and injury costs
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Additional Applications: The reasons to
recognize are endless
Buyers
With so many possible applications, many
departments within a corporation have viable recognition product needs:
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Corporate Communications for anniversaries,
new buildings, mission statements, special milestones, corporate
sponsored events, etc...
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Human Resources & Training for years of
service, employee of the month, perfect attendance, retirement,
course completion, etc...
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Business Operations for safety,
productivity, quality, supplier recognition, etc...
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Sales / Marketing for sales club, annual
quota, distributor contests, etc...
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Finance for budget performance, collection
performance, etc...
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Benefits
Non-Monetary Awards are seen by supervisors,
peers, spouses, relatives and friends. They are everlasting symbols of
success; they are not spent and forgotten. Awards reflect the image of
an organization in ways that retail merchandise cannot.
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Display meaningful and
inspirational symbols to the people involved in a particular program
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Immediately identifiable by peers,
thus reinforcing their value as builders of self-esteem and
motivation
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Cannot be purchased outside the
organization, therefore, they must be earned
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Designed to be highly personalized;
not only with the recipient’s name, but the name of the program and
details of the accomplishment
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