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Recognition Programs – How do you acknowledge, reward, and retain your team and valued customers?

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promotional award productWe have all heard expressions like “A little encouragement goes a long way” and “One kind word can change someone’s entire day” These are the simplest of endearing expressions to convey recognition either in our personal lives or professional lives. What does your business do to reward or recognize your hard working team members that invest in you, and that you invest in? There are some great statistics that illustrate how powerful employee recognition can be:

  • “The number-one reason most Americans leave their jobs is that they don’t feel appreciated. In fact, 65% of people surveyed said they got no recognition for good work last year” (Gallup, Tom Rath and Donald Clifton, How Full Is Your Bucket? Positive Strategies for Work and Life, 2001)
  • “Nearly 75% of organizations have a recognition program (despite the fact that only 58% of employees think that their organizations have recognition programs).” (Bersin by Deloitte, The State of Employee Recognition, 2012)
  • “Praise and commendation from managers was rated the top motivator for performance, beating out other noncash and financial incentives, by a majority of workers (67%)” (McKinsey Motivating People, Getting Beyond Money, 2009)
  • “Organizations with recognition programs which are highly effective at enabling employee engagement had 31% lower voluntary turnover than organizations with ineffective recognition programs.” (Bersin by Deloitte, The State of Employee Recognition, 2012)

Awards and recognitions can range from something as simple as hand written notes, personalized certificates, gift cards, or financial bonuses to more extravagant items such as engraved plaques, crystal sculptures of any shape, size or style, desk top accessories, and vacation get-a-way’s. Your loyal customers can also benefit from these humble gestures for the business they bring in,and if you think about it, what is your current relationship like with your customers? How would a reward or recognition program for their patronage help make an impact on building your relationship, and earn future business?

The Promotional Products Division of R. C. Brayshaw & Company is prepared to help you develop or enhance your recognition program. We have a multitude of personalized solutions that can maximize your impact, with a product line ranging from an engraved plaque to an elegant crystal sculpture.

Feel free to contact me anytime; I would appreciate the opportunity to help your organization enhance your recognition program.

Liam Damery
Promotional Products Manager