Employee of the Year Award program is a way in which the company recognizes and supports its employees at every end of business year. In this article we will discuss the importance of Employee of the Year Award and how it brings advantage to the company’s progress.
Good for Company’s Reputation:
Clients expect high standard services and corporate response from the company. Participating in the Employee of the Year Award program will enable the company to demonstrate that it sets higher standards for the employees. This shows the company’s commitment in ensuring the satisfaction of its clients. Having the award program also motivates the employees to work harder thus increasing their productivity in the company. It also shows the company’s appreciation and acknowledgement of their hard work. This will improve both the company’s reputation and the employee’s reputation as well.
Enhance Employee’s Loyalty:
An Employee of the Year Award will increase customer’s loyalty toward the employees. They will earn trust from clients; this will also increase the productivity and improve their working skills. Once the employees feel appreciated and supported, they will be happier and more encouraged to improve their work by getting more creative. It will increase the customer’s satisfaction and positive results to increase in sales.
Decreased Negative Effects:
The Employee of the Year Award will have a significant benefit to the company’s operations. An Employee of the Year Award will show the company’s support and it can prevent the escalation of negative effects such as absenteeism, thus improving attendance rates which will result to reduced workloads and increased performance of the company. It will also reduce stress at work for employees who will have to cover work for those who are absent. It will also reduce paid sick off days. This will improve and maintain the company’s productivity. The Employee of the Year Award is also important as it makes the employees feel supported, encouraged and valued, making it more likely that they will work harder.
Encourage Teamwork:
The Employee of the Year Award will improve relationship between employees and this will enhance team. When the employees are able to work together, they make a great team which can increase their productivity in work and therefore the company’s business success and goals are achieved. This award will motivate the employees and encourage them to work harder in the coming year so whoever wins award can retain the award, and the rest will work even harder to deserve the ward. It means that each and every employee will participate willingly in the team activities to achieve the company’s goals.
Retention of Quality Employees:
An Employee of the Year Award nomination will motivate your employees, and make them happy working with your company. It also helps to retain the experienced and valued employees who are asset to your business. It will make the employees feel satisfied with their work when there are working for you. Motivating and retaining employee is very crucial for the business health because it will determine its success.
