How to Establish an Employee Recognition Program

Establishing an employee recognition program to reward and recognize the efforts and achievements of your employees is one of the smartest things you can do as a company to improve workplace morale and reduce staff turnover.

An effective employee recognition awards program will build loyalty and dedication among your staff and give them a sense of accomplishment and dedication to your organization.

There are several considerations you should take into account prior to establishing your employee recognition program. The factors to evaluate are:

• The number of employees
• Your total budget for recognition gifts
• Your per employee budget for each employee recognition gift or award

In addition to these factors, which directly affect the cost of employee recognition, you should consider what specific employee achievements should be highlighted and recognized. For example, some companies have a "Salesperson of the Year Award." Larger firms even recognize the top salesperson on a monthly basis.

Think through the types of positions you have and the type of work you want to recognize to improve effort by your employees. A thoughtful employee recognition program will benefit your company or organization in the long run and return your investment in awards and gifts many times over.

Employee Recognition Case Studies

Newspaper Publishing Company Establishes Effective Awards Program.