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No worker has ever received an engraved plaque that read “Thanks for keeping your seat warm for 10 years.”
Yet that is the message employers send with awards for employees’ five, ten or 20-year anniversaries, according to human resources and recognition experts. They say that most recognition programs reward the wrong things.
As evidence, consider the many employee-service awards for sale on eBay, like this gold tie clip celebrating a 35-year anniversary at Goodyear, yours for about $7.99.
Via The Learning Factor
Companies spend about 1-2% of payroll on recognition programs, according to Deloitte.
Are you properly incentivizing your employees and reps? Longevity is not a behavior you need to encourage - broadening product and market knowledge, higher team & individual sales, recruitment, and happy customers should all be a part of a total incentive program. The longevity will naturally follow!
What other ways are you thanking your employees (or not) that is actually widening the chasm between you and your employees?