The Shift from Years of Service Awards to a Culture of Recognition
MARCH 13, 2018
To make matters worse, every employee next to Sam receives the same type of awards at their five-year work anniversary which makes the gesture less personalized. Logic would assume that a costly rewards program would focus on performance yet 87 percent of recognition programs focus on tenure. This brings up a legitimate question – is a tenure of 5 years the benchmark to define loyalty? After all, 59 percent of employees are not recognized at their preferred frequency.