An Effective Rewards System Could Be Just What You Need

Happy employees equal a happy workplace, and creating a positive environment is one of the most effective ways to achieve your goals as an organization. When employees feel their hardwork and dedication is valued, they are more likely to continue pushing themselves to be the best and want to continue to build a strong foundation within the company. A solid recognition program increases self-confidence, encourages a trusting relationship, and gives individuals the reinforcement to feel pride in their performance. 

Benefits of Continuous Employee Recognition 

1. Increases Motivation: Showing appreciation can be quite the powerful motivator. When employees feel seen, they are more likely to be motivated to work harder and achieve more. Increased motivation can lead to improved job performance and better results. 
2. Boosts Self-Confidence: Recognition of employee efforts can boost self-confidence in their role and position in the company. When employees receive positive feedback, it reinforces their sense of worth and value. This, in turn, increases their self-confidence and encourages them to take on new challenges.
3. Supports Positive Behavior: Public recognition supports positive behavior in the workplace. When people know that their efforts are valued, they are more likely to continue exhibiting positive behaviors. This can lead to a more productive workplace culture. 
4. Improves Team Morale: When one team member is recognized for their hard work, it can inspire others to work harder and strive for recognition themselves. This can lead to a more cohesive and motivated team.
5. Increases Retention: Positive reinforcement can assist in increased employee retention rates. When employees know the company appreciates their contribution, they are more likely to stay with an organization long-term. This can save money and time on recruitment and training costs. 

Why International Companies are Utilizing Reward Systems

An effective rewards system is more than just presenting year-end performance awards (although those are great too!). To reap the full benefits of employee recognition, creating meaningful moments of appreciation throughout the year for those everyday achievements will help create positive reinforcement. 

A popular recognition system utilized by well-known international companies is perpetual plaques. This program has gained increasing popularity because of its timeless, simple, and effective way to honor ongoing accomplishments within companies and organizations. 

How it Works

Perpetual plaques feature a main plate customized to your company’s brand, lists the name of the award, and features smaller plates that can be added over time to recognize individual recipients. These are most commonly used for Employee of the Month, Salesperson of the year, or other similar rewards. They serve as a visible reminder of past achievements and can motivate others to work towards earning a place on the plaque.

PlaqueMagics perpetual plaque system is a timeless and elegant way to recognize the hard work and dedication of individuals within a company or organization. Our kit includes everything you need to start a successful recognition and awards program. It couldn’t be any easier, which is one of the reasons organizations trust us to deliver the most effective and efficient perpetual plaque systems.