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Using Corporate Awards to Motivate Executives by Gen Wright





Article Author Biography
Using Corporate Awards to Motivate Executives by
Article Posted: 03/30/2009
Article Views: 70
Articles Written: 10792
Word Count: 526
Article Votes: 0
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Using Corporate Awards to Motivate Executives


 
Business
For many executives and employees, money is not the sole motivator. Other factors also help to motivator them to perform better at work. Here are some examples: work environment, professional colleagues, and recognition. Besides money, recognition is perhaps the second most important motivator. This is because it is human nature to want to feel appreciated.

In today's society, it is common for employees to work long hours for the company. Many even work overtime without additional pay, just to compete to stay in the jobs or to be the first to be promoted. The worst thing that could happen is for their efforts to go unnoticed. If the hard work is not recognized in time, the employee becomes unhappy very quickly. And this affects work performance, and may eventually lead to the staff leaving the company for another competitive firm. For sure, this will not help the organization achieve its goals.

All highly successful organizations know that they can't achieve their goals without the cooperation of their employees. Having corporate goals and missions is one thing. But to execute well is a completely different matter. In other words, the fate of the company lies in the hands of the people in the organization. Therefore, a wise management team must certainly learn to reward and recognize good effort.

One way to do so, is to publicly recognize a staff's dedication by giving out corporate awards. This can happen during monthly meetings, or during annual company dinners. The goal here is to let every know that the company does indeed treasure talented and hardworking people. This will generate awareness of the company's willingness to reward hard work.

The greatest thing about corporate awards is that the recognition doesn't just end with the award ceremony. Usually, after receiving an award, staff will place the award on the office table or hang it on the wall for display. In a way, the award becomes a status symbol. Without having to utter a single word, anyone who walks into the office will know that this is an individual who is treasured by the company.

Newer staff that has just joined the company will see these awards around the work environment, and will be more likely to work hard. After all, they are assured that hard work will be recognized by the company. The proof is already hanging on the wall.

Giving away corporate awards doesn't cost a lot of money, and doesn't require much hassle. It is a simple message from the company to an employee. The award itself doesn't have to be an elaborate looking item. Just a clear crystal trophy with the right words inscribed on it will do just fine.

When giving away the award, be sure the announce the accomplishments of the individual. I.e. what he or she did to deserve the award. The recipient then becomes a role model for all the other employees.

Article Source: FS-CA1

Mary supplies articles for helping executive shoppers find gifts and how to benefit from personalized executive gifts, promotional products, and corporate awards. Her work is sponsored by Wealthwood Corporate Awards and Blog Wealthwood Corporate Awards Articles.

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