How to Contain Your Employee Award Program Costs
The days of the cherished 10-year company watch are gone.
Simple emblematics and traditional, single choice award programs no longer meet the expectations of today’s work force. Effective recognition must include a fresh variety of incentives – and a choice. While employee expectations have risen, budgets have not. Even the coveted cash bonus as a length of service award might be increasing your program cost without your knowledge.
This helpful paper features the five pitfalls you should avoid when creating or revamping a Length of Service Award Program. With this information you can streamline your recognition costs while still offering value to your employees.