Loyal employees are worth more than their weight in gold
Here’s how to recognize them
Is it more difficult than ever to hold onto your top employees? Have you had employees quit unexpectedly?
Employers are telling us it’s not just the market. This “quick-quitting” trend is becoming part of the new millennial-driven world. More millennials are voluntarily quitting jobs they aren’t happy in, that aren’t aligned with their values or are taking too long to advance.
Add to this the future labor shortage as many experienced workers (baby boomers) consider retirement and now’s the time to really recognize those employees who stick around.
How are you retaining and rewarding your loyal employees?
With more and more companies modernizing their Recognition & Reward activities it’s easier than ever to give immediate recognition for great work. But let’s not forget to give a well-deserved “shout out” to those employees who are with you for the longer haul, are proud to work with your company and want to make a difference, not just a paycheck.
Celebrate your employees’ first year AND milestone anniversaries.
Years of service awards provide meaningful opportunities to reward loyalty and show your employees how much you value their contributions. Publicly recognize every service anniversary and reward first year AND milestone years as a way of building company camaraderie.
Given the average length of time an employee spends with the same employer is 4.2 years, recognizing great work AND loyalty is a small effort and investment with a big upside. Studies show employees who are recognized stay far longer and are more likely to be your company’s ambassadors – translating into a healthy ROI.
Service recipients are the people who live your values, set an example for new hires and enhance your company culture. Publicly recognizing service shows the importance you place on your people.
What matters to other generations matters to millennials too.
CSI STARS has been recognizing service anniversaries since 1979. Over this time, we’ve seen many changes in the workplace. One thing that hasn’t changed is that employees continue to value one of a kind awards (time off and experiences too – but we’ll get to that in another post).
Commemorative or symbolic awards may sound “old school”, but in today’s disposable world, the most cherished gifts are those that speak to an employee’s accomplishment and are personalized for them. Both your baby boomers and their younger counterparts are appreciative and motivated by gifts that show the company took time to honor them.
CSI STARS Commemorative line of service anniversary awards combine quality, personalization and company pride.
- All commemorative items are designed with your company’s unique medallion branding
- We offer the largest selection of commemorative gifts you’ll find – at all price points
- Your employees can choose a gift that reflects their interests and taste
Commemorative awards allow you to express your appreciation in a way that won’t be tossed in the landfill when no longer trendy or worn out. The most cherished gifts are those with meaning that can’t easily be replaced.
Start planning now to make the most of your upcoming service anniversaries.
For more information on CSISTARS Service Anniversary program and our huge selection of commemorative, contemporary, art and jewelry service awards, click here.
Lori is the VP of Recognition for CSI International Inc. She has a MBA with a minor in Human Resources, is a Certified Recognition Professional and member of the SHRM blog squad. Prior to joining CSI STARS, she worked at Mercer Human Resource Consulting and Youthography, a youth market research agency. Connect with CSI STARS on LinkedIn to learn how we cultivate a workforce that loves coming to work.
