Employees are the most significant living resources for a company or business. If a business has acknowledged this fact and prepared the right strategies as well as taken right approaches, employees can lead that company to immense growth.
If we closely look at the factors, which are playing a vital part in overall productivity, we can list those in the following order.
- Bread & butter
- Health
- Financial or income security
- Social Reputation
- Self-esteem
- Self-recognition
If you are an established organisation or corporation obeying laws of lands, you have secured the first four things for your employees, for instance,
A permanent job & good pay scales to earn enough to maintain good health, financial needs like brought up kids, bearing educational expenses, some saving to pass retired life securely and peacefully.
Social reputations automatically come with a permanent job and a good financial status. Unfortunately, these things only keep employees to come at work regularly but prove inadequate to improve their productivity and motivate them to do some extra for your company or business.
It is self-esteem and self-recognition, which are things that can encourage, motivate, and inspire employees to go extra miles in their work, performance, and creativity to push the entire company on the path of growth and prosperity.
Therefore, smart managers and strategists in an organisation offer a variety of incentives to incentivise the employees. Salary hike, bonuses, increments, allowances, gifts, and various packages including travel, vacations, and holidays are arsenals to keep and incentivise the employees.
However, such incentives seldom restricted up to an employee as a personal matter unless an employee declares the details among the staff. It frequently considered the benefits of seniority in the job. Thus, it may not become the cause to encourage others to achieve those all or inspire others to go beyond their boundaries to grab it.
Now, corporate awards in employee recognition programs play a vital part to boost the morale of the employees in organisations. Awards, trophies, medals, plaques, certificates, and even ribbons are things capable of doing a big in a sense to boost morale and encourage employees to go extra miles in their job or work. It because awards always are a matter of pride whatever it is big or small.
Awards can showcase in offices or homes of employees and fulfil their psychological basic needs, self-esteem and self-recognition directly. Awards and trophies directly tell onlookers that the winner has some outstanding capacities to stand apart from the rests of participants. It is "Carrot" policy against "Stick" (Punishment) policy and acts in positive ways.
Now, you have established the significance of awards in your corporation or company growth. So, the question remains of how to leverage the award ideas to boost the morale of employees in your organisation. Let’s check some ten ideas for it.
1 - Teamwork Awards
Collaboration and cooperation are keys to success for the corporate world. The power of an individual is insufficient to achieve the goals of the business. Only cumulative efforts can win the battle in the fiercely competitive market.
So, if you declare teamwork awards or trophies and set parameters/goals for it, the entire team will work in that direction and try to achieve the goals you have set.
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Olympia in Australia is offering various trophies and awards to present as teamwork awards. The award will encourage teamwork and tie strong knots among the members. Teamwork awards must symbolise synergy and collaboration through various figures, icons, and objects. So, anyone can guess easily that it is for teamwork efforts. For instance, a ball indicating the globe lifted by two or three human figurines or a simple ball pushed by human figurines on a slope. |
Engrave the details of achievements by the team and place it in your office or space where the team is.
2 - Going the Extra Mile (GEM) Awards
Many enthusiastic employees are working more than standard expectations. Whether they outperform in an event, foster business relationships, or provide outstanding services that may increase the reputation of the entire company.
Technically, there is no prior nomination to participate in the award program. It happens naturally, and staff or management notice it.
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Olympia also creates star awards for such occasions, and you can customise the logo, texts, and design of awards. You can engrave GEM achievement at the base in short. Such awards should be one-time awards and indicating the name of winners on it. |
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If achievement is big, think of trophies at a big budget — medals with cases and certificates with frames.
3 - Customer Service Awards
Customers always are at the heart of a company selling products in the market. Consumers love customer services provided at the time of purchase and afterwards. If any employee whether achieving the set goals for customer services or go the extra mile to provide such services and resulting into a big profit for the company or applauded by the customers in various online media, the winner must be awarded for it.
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Olympia is facilitating organisation to offer the best customer service awards on an annual or quarterly basis if the company is service-oriented. You can engrave the name of award winner on the trophy base and keep in office or handover to the individual winner to take pride of it at home. |
Customer service awards encourage service providing a team to work hard and win the award as well as applauds from the beneficiaries of your services.
4 - Professional Development Awards
We are living in a skill-fluid era where new technologies are emerging and getting foothold quickly in the market. Employees have to learn those at a rapid pace. However, a few are capable of grasping and get mastery over it.
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Olympia is manufacturing various awards to encourage skill development among the employees, particularly who belong to technical departments like IT, and engineering. |
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In large organisations, technical service providing companies, and manufacturing industries are always in a struggle to improve their skill base and encourage professionals to learn edge-cutting skill sets by pushing their boundaries and investing in it.
5 - Excellence Awards
Companies have core values and set goals for excellence in achieving it. Many employees keep life-work balance excellently and perform outstandingly in their profession.
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Olympia has a set of trophies and awards including medals and plaques to honour employees performing excellence and winning victory awards. You can engrave name, event, and date/year of the winner at the base of the award. |
Some organisations look for capability building, workplace diversity, productivity, management, and various goals according to their requirements and declare excellent awards or trophies for the achievers.
6 - Creativity and Innovation Awards
Creativity in day-to-day tasks is a rare occurrence while innovation in out of it is daunting to achieve busy professionals, engineers, designers, and other employees serving at a different level.
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Employees or teams who can bring creativity and innovations on the table in the completely functional form, as well as usable forms, must be recognised with appropriate awards and incentives. Olympia offers pricy to affordable trophies and awards to recognise creative and innovative minds in your organisation. |
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Creativity brings outstanding solutions for organisations, customers, and marketers. Innovations come through deep research and additional efforts to set things apart from the usual. Businesses involve in production, designing, and deliveries are striving hard innovative ideas, concepts, and workflow.
7 - Leadership Awards
Leadership awards are given for leading people in day-to-day work, projects, programs, and events. Leadership awards or trophies go to employees or managers who become a role model, lead the team to achieve set goals by the organisation, and provide active mentorship to prepare other team members.
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Olympia is the best place to find leadership award ideas and products like perpetual trophies to award repeatedly to the winners of different team leaders. It has room for engraving and logo customisation. |
Leadership awards could be one-time or perpetual and available in different materials. So, you can find the products as per your budget and appropriateness of the award category.
8 - Commitment Awards
Commitment awards are on the rise with the volatility of the job market. Organisations and companies are always in fear of losing talents due to stiff competitions in the job market and industry niche itself.
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Olympia has a big inventory to present as commitment awards with the desired customisation. You can emboss a number of years employees have spent with you and engrave the name, event, and year of awards. |
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When an employee stays longer like five, ten, or twenty years in an enterprise, it considers as a big thing and companies used to appreciate those employees by giving awards, trophies, or certificates to set examples among the staff.
9 - Flexibility Awards
Some organisations changing the working time, schedule, and facilities as per the needs. Day shifts, night shifts, and circulating shifts are examples of changed requirements. Some employees are resisting while some show extreme adaptability and deliver best results despite adversities and issues in their work-home life balances and equations.
Such employees need recognition and help companies to set examples for others. They should be awarded trophies, plaques, or certificates along with monetary incentives to keep up their tempo for longer.
10 - Sales Awards
Sales awards are the most often given to sales force working in the company. Many organisations set targets as per their products and services and set quarterly, half yearly, or annual period to celebrate the events..
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Olympia especially focuses on sales awards because the demand for the same is huge in the corporate world. Distinct characteristics of sales awards make them outstanding from others in the market, and receivers can take pride in it after winning and exhibiting to others. |
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The budget and award types for sales depends on the sales cycles set for awards. Pricy trophies to plaques and certificates are given to winners according to their achievements. Sales awards are extremely revenue booster incentives for businesses or corporations think of it.
