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Employee Reward & Recognition Programs

"Reward" and "Recognition": Not the Same, but You Need Both

"Reward" & "Recognition" are terms often viewed as the same, when they should really be considered independently. Recognition procures a psychological response, while Reward indicates a financial or tangible perk/benefit. Of course, these terms can be used in tandem and often are.

Employee Reward Programs

Employee reward programs involve the system "set up" by an organization to motivate, inspire and reward its employees. This workplace motivation strategy is considered separate from salary and is used to reach strategic goals set by an organization. Generally, it is performance based, and rewards tie directly to employee performance. Most reward programs are measured in reward points, redeemable for various reward merchandise and travel. A proper program increases sales and productivity, reduces costs, and addresses anything else a company may be struggling with.

Employee Recognition: Not Just Something Nice to Do

Employee recognition programs include a system "set up" by an organization to recognize the desired behavior conducive to the company's business objectives and to encourage more of the desired behavior. A proper program improves attitudes, satisfies recognition needs, creates pride, reduces turnover, creates a positive work environment and adds to the bottom line. In a recognition program, all employees have the same opportunity to receive recognition.

Give Your Best Employee's What They Really Want

While you may have good intentions, if you present your best employees with the traditional clocks, plaques or logo jewelry, you simply will not get the same excited reaction as you would if you offered them a lifestyle gift of their choosing.

You would be surprised to know that the cost of these traditional items used in most recognition programs is the same or less than using more popular and practical items such as electronics, tools and hardware, sporting and household goods, spa experiences and travel.

Employee Recognition Program Examples

Community Involvement
Exemplary Attendance
Employee of the week/month/year
Volunteer/Public Service
Suggestion Program
Holiday Gifts
Leadership Awards
Length of Service /Company Anniversaries
Retiree Recognition
Workplace Safety Award
On-the-Spot Award
Training Program Completion
New Employee Referral
Customer Service Excellence

Employee Reward Program Examples

New Sales
Cost Reduction
Productivity
Team Building
Safety
Sales - Upselling
Training
Quality
Customer Service
Performance
Sales Leads
Sales/Cross Selling

Frosch Rewards & Incentives provides a portfolio of services and support to maximize your employee rewards and recognition programs. Our on-line solution, incentel™, allows participants to earn points for achieving goals, and participants can redeem their award points for millions of reward options, including today's latest models, CDs, books and DVD titles, and much more. With more than 3 million award possibilities, we have just about anything you could imagine.