If you’re a business manager, it’s important to have a staff of happy and motivated employees to keep your operations running smoothly. One of the best ways to ensure your team is content is to reward them for good performance with an engraved plaque, trophy, or another token of appreciation. Here are a few ways employee recognition can support your business.
3 Benefits of Employee Recognition
1. Reduces Turnover
Two-thirds of employees say they’ll leave their job if they don’t feel appreciated. High employee turnover can slow operations, make existing employees feel overworked, and negatively affect the company culture. Even if an employee is dissatisfied with some aspects of their job, they’re less likely to leave if they feel they’re a valued member of the team.
2. Improves Productivity
Rewarding top performers with engraved plaques and other corporate awards will inspire them to work hard and put in extra effort when needed. This can have a significant impact on your bottom line—the most successful companies are 40% more productive than other businesses and have operating margins up to 50% higher than their competitors.
3. Boosts Morale
According to a survey by the Society for Human Resource Management, 48% of employees say recognition of their performance by management is important to their job satisfaction. Giving out plaques, trophies, and other rewards for jobs well done is an excellent way to ensure your team feels recognized for their work. When employees are happy and company morale is high, businesses tend to be more productive.
If you want to make your employees feel appreciated, get in touch with A2Z Trophy in Gilbert, AZ. These professionals have provided companies with engraved plaques, custom trophies, and other corporate awards for over 15 years. View their selection online, or call (480) 892-1516 to place an order.