7 Best Employee Recognition Awards Ideas For 2021

Published on: 07 January 2021 Last Updated on: 18 October 2021

When you are running a business, your employees become your assets. If your employees grow, so does your organization. Hence, it becomes very important that you take care of your employees.

Custom employee recognition can be one of the best ways to make your employees feel comfortable and encouraged working in your organization. Showing your employees that they are being valued for their hard work and reward them accordingly will help your business in the long run.

The key to achieving this goal is understanding Employee award wording ideas. If you can develop the best and innovative ideas, you can boost your employee’s morale and motivation.

Why are Employee Recognition Awards Important?

It has been seen that the employees who have been appreciated by their organization are more likely to feel satisfied with their work. Once you start encouraging employees for their good work, you will see a boost in productivity.

As we have started cruising through 2021, we hope that this is the best time to understand employee recognition’s importance to boost your business productivity this year.

Fulfilling Careers

Workplace loyalty is not derived from the job. The workplace environment and fulfilling careers nurture it. According to a report, it has been seen that 78% of the employees agree with the fact that they will stay with the currency employers if they know they have a career in this organization.

With employee recognition, you can motivate your employees and ensure that they see your organization as the best career opportunity rather than a job.

Respect Knowledge

Everyone works hard to build their skills set and expects others to respect that. According to a report, almost 53% of the employees believe that if their knowledge and skills are being respected, they will spend more time with the respective organizations.

Understanding Progress

Yes, goals are important. But that can only be achieved by understanding the working process. Employee recognition is not limited to big win; it can also support and nurture the next generation of employees in your organizations.

Best Employee Recognition Awards Ideas

There are multiple ideas that you can adopt to recognize your employees. We have prepared a handful of them. Let’s explore.

1. Formulate A Proper Plan To Recognize Your Employees

Before you can prepare yourself to recognize your employees, you need to formulate a proper plan to track their achievements. Remember that these awards programs and recognition events are not just for show. They are meant to boost your employee’s morale and the organization’s productivity.

Hence, it becomes very important that you figure out an appropriate strategy. Do not forget about your work culture. Employees’ recognition ideas should be relevant to your work culture.

2. Celebrate Employees Birthdays

Birthdays are the best event to make your employees feel special. You can start targeting your employees’ birthdays. This will make them feel special and a part of the organization. When you celebrate your employees’ birthdays, they will feel connected to the organization on a deeper level.

This practice can make them feel an inseparable part of the organization. This will act as a driving force and help them to boost their productivity. Even a small event like celebrating employee’s birthdays can motivate them to give their best performance to the organization.

3. Cheers From Peers

Creating the best working environment is the role of the pers. The working environment should be like this where the co-workers can celebrate the achievement of the other co-workers. And when the time calls for it, they stand alongside the organization’s bad times. This will ensure that the whole organization can perform as a team and bring positive results day in and day out.

4. Reward Them With Trophies

Every sport has trophies. These trophies change hands every year depending on the champions. You can use the same concept in your organization. This practice will motivate your employees to be the best in the organization. Once they know what they can achieve by working hard, they will try their best to achieve that goal.

5. Collect Employees Feedback

We have hardly seen any organization taking feedback from the employees. Feedback is a necessary part if you want to improve your organization as a whole. Taking feedback from the employees will give them an idea that their views matter in the organization.

You can take feedback on the followings:

What do they feel about the organization?
What do they think needs to be improved?
What drives them to work for you?
What will drive them further?

Ask your employees these questions, and take their answers as suggestions. This practice will kill two birds with one arrow. Not only are you getting valuable feedback, but you are also getting to know what your employees think about you and your organization.

6. Public Your Appreciation

Recognizing your employees is a good thing but recognizing them in public is even better. You must devise a perfect appreciation program where you or the employee can recognize the best performer among the employees. By appreciating the best employee in public, you are not only boosting the morale of the employers, but you are also giving them a goal to achieve.

The public execution of the appreciation shows that you are confident in your employees and want others to step up their game and reach this podium.

7. Track Team Wins

Every organization has several teams, and every team competes among themselves subconsciously. You must track your team every year and award the winning team. This will not only help you understand how other teams are performing, but you will have an idea of how the organization can improve.

Working with the team will help you understand the working of your organization, and you will know what you need to expect from them. This is a perfect device to find out non-performing teams and motivate them to work better.

Conclusion

From the points mentioned above, you now know how employee recognition can help you develop a perfect plan for your employees’ recognition. If you want to cope with the market and stand back on the feet again, employee recognition might play an important role.

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Mashum Mollah

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Establishing Your Online Tone of Voice

It’s an important aspect of brand recognition but it’s surprising how often it gets neglected. We all respond to the tone of voice as it comes across in other people’s written and spoken content, yet most of us are not consciously aware of how we use it ourselves. How can we do better? How can you use this aspect of communication to make sure that your customers perceive your business in the way you want them to? What’s right for you? The first thing you will need to decide is what kind of voice fits your business best. To do this, you’ll need to think about the nature of the products or services you offer. If you’re selling legal services, for instance, you’ll want to sound educated and authoritative, so your language should be quite formal. However, you should ensure it isn’t too complex for the average person to follow. If you’re a plumber, you might prefer to sound friendly and approachable, using less formal language to make people feel at ease with letting you into their homes. Who are you speaking to? When establishing your tone of voice, you’ll also need to consider your target customer demographics. The rapid pace of language change today means that older and younger people use a lot of different words and sentence constructions and can genuinely struggle to understand each other. In most circumstances, you’ll be more respected if you use similar language to the people you’re trying to reach. A professional service like iguestblog can adapt with ease to these variations and observing how it’s done will help you to get it right when writing for yourself. Forging the right connections One of the great things about developing a distinctive tone of voice online is that it will help you to speak as a person, not just an anonymous agent of a blank-faced institution. You can even have a team voice, whereby you let your customers know that more than one of you is involved in activities like blogging or posting on social media, but you are recognized as sharing key character traits (even if, in reality, you’re very different). This helps to get across the idea that there’s a shared vision behind the business and it will help to build customer loyalty. Consistency Once you’ve established a voice for your business, it’s important to make sure that it remains consistent. If you’re making company videos, work on establishing a tone similar to the one in your written work and present any speakers in a way that complements that. The same should apply when you talk to the media and, if possible, when you answer the phone. Making people feel that they already know you, or at least know where they stand with you, builds trust and makes for much smoother customer relations. Getting your tone of voice right requires diligence and careful observation, but once you’ve established it, you’ll find that you can slip in and out of it as required, as if it were a uniform. Like a uniform, it will give your business a distinctive character that your customers will respect. Read Also: How to Ensure You Have the Perfect English to Enhance Your Blog What Type Of Inflatables Should You Opt For At Your Business Event

Seven Benefits Of Hiring A Professional Bookkeeper

Do you constantly worry about numbers adding up correctly? In today’s fast-paced world, entrepreneurs want to stay on top of all money-related matters. They want to ensure the business has sufficient cash, capital, and profits available to remain afloat in the longer run. However, as the business grows, you hire more employees and acquire more customers, keeping track of finances and employee monitoring becomes challenging. Before you start falling behind and losing track of receipts, hire a bookkeeper. Bookkeepers can take over the responsibility of maintaining records for all financial transactions. They develop a system that organizes your sales, payments, expenses, costs, and debt, helping you make sense out of numbers. Precisely, you will get a complete set of accounting records, giving an overview of the company’s financial health. In turn, you can make more informed decisions based on financial data. If you are still thinking about whether hiring a bookkeeper is worth the cost, have a look below. Here we are unfolding seven benefits of hiring a professional bookkeeper. 1. Analyzes company’s standing: Are the business revenues spiking? Is rental expense consuming a massive chunk of profits? With a bookkeeper on board, you can find answers to all these questions. They keep a close eye on numbers to find out where your company stands financially. They simplify complex information by categorizing data to promote understandability. Moreover, you can also ask bookkeepers to prepare financial statements to understand the company’s financials better. In case they lag accounting proficiency and decision-making skills, encourage them to pursue higher education. Perhaps, they could look for a master of accountancy if they only have a bachelor’s degree. Alongside finances, they will be better able to analyze financial metrics. Hence, helping you figure out where you should invest money and cut costs. 2. Prevents errors: Undeniably, mistakes can be super costly. In addition to incorrect recording information, misreporting any income or expense can lead to hefty fines from the regulatory bodies. Likewise, mixing up different types of expenses and data entry errors can result in inaccurate financial records. Professional bookkeepers with a keen understanding of finances and numbers are less likely to make mistakes. They look into all the bills, receipts, invoices and record them into accounting software. At the same time, they organize all the data promptly, ensuring your books are up to date. 3. Identifies issues in cash flows: Sometimes, businesses are earning substantial profits, yet they don’t have sufficient cash available. As bookkeepers handle day-to-day recording of invoices and receipts, they have a good handle on your income and spending habits. They closely monitor how much money is going out of the business (outflows) and coming in (inflows). The minute outflows exceed the inflows; bookkeepers will alert the upper management about cashflow problems. Additionally, they can identify problems within the cash flow. For instance, if inventory holds a lot of cash, bookkeepers will suggest managers sell it to recover the cost. Likewise, if debtors delay payments, they will suggest the accountant negotiate credit terms with creditors. 4. Accounts for tax deductibles: Amongst all business tasks, paying taxes is every entrepreneur’s least favorite. After all, no one likes giving away a chunk of profit to the government. Surprisingly, a bookkeeper can help in reducing the overall taxable income. They work together with tax specialists and account for tax deductibles to ensure you don’t overpay taxes. From depreciation, travel to revaluation expense – they account for every cost to scale down the taxable income. Similarly, they provide interim and year-end financial statements to determine the company’s annual tax obligation. Hence, you can make decisions beforehand that can modify or lower the tax bill. For instance, if the tax policies are more flexible for C corporations, you can switch from limited liability to a C corp. Besides this, having proper records can help with the tax return filing procedure too. 5. Fosters business growth: Bookkeepers can facilitate business decisions about day-to-day business operations. They can forecast seasonal ups and downs, ensuring you have sufficient capital available when revenues are low. Similarly, they encourage managers to set some funds aside when profits are spiking. Greater awareness of spending patterns and sales trends can help entrepreneurs lower operating expenses. Hence, they can save money in the long run and invest it in business growth. Additionally, not having to worry about finances gives business owners enough time to focus on other core business operations. 6. Prepares business for an audit: Until you demonstrate non-compliance with tax obligations, your business won’t go through an IRS audit. However, you have to perform an internal and external audit to assure stakeholders that your company complies with accounting standards. Luckily, having accurate records prepared by a professional bookkeeper will ensure a smooth audit process. They would have correct records to support the income tax returns. At the same time, bookkeepers organize all receipts and invoices. Thus, the auditors can see all business expenses are legitimate. It will ensure you haven’t over or understated the profits or income, regaining investors’ trust in the company. 7. Helps in securing funding: Today, lenders need accurate records and financial information before giving out a loan. After all, they have to evaluate your repayment capability to ensure you will repay the loan timely. Bookkeepers maintain complete records, showing lenders that you know the company inside out. Similarly, they outline past performance to show banks and financial institutes that you have a solid financial history. In addition to gaining the lender’s trust, you might be able to secure a loan at a lower interest rate with flexible repayments. Conclusion: In a dynamic business landscape, bookkeepers can help you through all stages of starting and growing the company. They maintain records, organize data, and keep a vigilant eye on finances. They also preserve receivable accounts and prepare payrolls. Simultaneously, bookkeepers help companies lower taxable income by accounting for tax deductibles. Having a bookkeeper on board will provide more benefits and less stress while ensuring effective financial management. Read Also: How Businesses Benefit From Keeping A Text Message Record This Is Why Every Organization Should Invest in Job Management Software 6 Crucial Aspects to Consider Before Starting a Business

Using Project Management to Maximize the Holiday Season at Work

Holidays are a stressful time for all of us. You are pushed and pulled to the limits to get everything done before the festivities can begin. This constant stress can push you to the limits at work, especially as you try to juggle multiple tasks before the year comes to a close. Project management is the ideal way to gain control over your work responsibilities. The ability to manage your projects judicially will help you prioritize and complete what needs to be done before the holidays start. No matter what the task is at hand, you can use project management skills to advance the progress at work while reaping the rewards of your time off during the holiday season. Define the Scope of Every Project You Are Handed: For starters, you need to look at the full scope of every project that comes your way now as well as into the future. This means that you have to decide if you have the time or the resources to complete what the project will require. It can be tempting to jump in head first without fully understanding what you are getting yourself into. You need to stop and think before you start and determine if the project is really possible. Saying no to projects that will cause you more headaches than necessary is all right. Don’t beat yourself up over it as you have looked at the full scope of the project at this point and decided that the parameters are beyond your control. Go Digital with Your Business Operations: One of the easiest ways to make your projects go off without a hitch during the holiday season is to adopt a digital system. Papers are messy. They get lost and are no way to operate in this day and age. Take the time to evaluate a platform that will do it all for you. There is a myriad of apps available today that can delegate and prioritize everything that needs to be done each day. These automatic systems will give you the time you need to focus on more pressing tasks and help you to maximize your day without forgetting an important detail or nuance. Utilize Your Team and All of Their Skills: Now that you have a digital system in place and you have defined exactly what needs to be done for an upcoming project, you need to get your team onboard. Assess where each member of your department can help you the most. Utilize their skills to your advantage to get the project done before the holidays hit. You need everyone’s help at this point in the year, and most employees will be grateful to lend the helping hand. Taking on all the responsibilities of the office is not a wise way to manage your time. Get the help you need and do not be afraid to delegate. You too want some time off this holiday season. Create a Plan That Works and Fits Your Timeline: With everyone at the ready to help you with your projects, you need to develop a strong plan that will fit the timeframe you have left for the year. Think about every step of the project and the amount of time it will take to complete it. Can it be done in the time you have available? If you answered with a resounding “yes” you are ready to move forward and commence the project. If you are unsure that it can be done, don’t take the risk. You will only disappoint others and end up with an unsatisfied client. Be upfront about how long a project will take and establish a friendlier timeline that will work for everyone involved in the project. Access the Risk and Execute: By now you are gung-ho on getting your project going, but you need to heed a little caution to make sure that you have thought about all the risks that could potentially occur. You may wind up over budget or exceed the time capacity you have outlined. Think about these considerations before you execute the project, so you are prepared to handle anything that comes your way. With a little bit of patience and some forethought, you can avoid pitfalls that many projects succumb to over the holidays. Knowing in advance what can go wrong will help you ready for any issues that could crop up. When you are sure, you have thought of everything move forward with the project execution. Close Out Your Project Before the End of the Year: Now’s the time to get moving on your project. Time is of the essence, but you have utilized your project management skills to make the most of the time available before the holiday season gets here. Do not stall or procrastinate on your projects as this will only cause you to worry as you try to relax and have some fun over the holiday season. Using these tips can help you close out those pressing projects before the festivities start. You will be able to leave the office behind and find that the project management skills you have put in place now will help you in the coming year. You can make a difference in how you complete your projects and reduce the stress that befalls many during the holidays. So, get moving on your projects now and get ready to enjoy the holidays without work hanging over your head. Read Also: Tips On Project Statement Writing Proper Management Of Tech Debt Is Necessary For Successful Business

7 Best Employee Recognition Awards Ideas For 2021