Wednesday, January 2, 2013

Using Awards and Recognition Programs to Get More Out of Your Team

One of the most important things you can do to increase your company's profits is is to increase efficiency, and the best way to do this is to maximize employee productivity.  How do you maximize your team's efficiency?  Motivate them!  This is more easily achieved than you might think when you have a solid rewards and recognition program in place.

Rewards and recognition programs boost esteem and performance.  They inspire people to perform to their fullest potential.  Nothing is more demoralizing than when one's hard work goes unnoticed.  In fact, the answer to the question "What would make your job more enjoyable?" almost always includes something about wanting to be recognized/rewarded for achieving goals or milestones.  Recognizing a job well done will motivate your team to improve their performance even further.  Recognizing an employee for exceptional performance also sends a message to their co-workers as to the type of performance that gets rewarded, and motivates them to strive for excellence as well, improving your team's overall efficiency.

Custom awards are a great place to start when trying to motivate your team.  They can be personalized with the person's name, so they're not something that people can just go out and buy.  They have special meaning.  Custom awards build self esteem and motivate the recipient to continue, or even further improve, their performance.  They work better than cash because they're seen as a "gift" rather than compensation.

Red Canoe Promotions of Denver is a great place to get started when implementing an awards and recognition program.  Get started today and take your company's productivity (and profits) to a new level!

2 comments:

  1. This is really very nice information you share here. It is true that awards and recognitions programs are very helpful for motivate employees and their work. This is very helpful for increase company productivity and profits.

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