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Trends in
Service Awards
Programs

 V V V V V V V V V V V

A A A A A A A A A A A A A A A A
Trend #1: Recognition Right on Time

Employers are giving service awards right on time, 
the same day of the anniversary. ...
Trend #2: Service Award Info is Sent Online

Although employees
receive an email to
congratulate them and
provide ordering...
Trend #3: Recognition is Impacting Job Performance

Metrics that increase as a result of implementing an

employee recogni...
91 ‘Va of employees
feel they should be
recognized and
rewarded for their 1st
anniversary

Accelir,  2013

Trend #4: Early...
Trend #5: Recipients Select Multiple Awards

More employers are giving employees credits that can
be spent on a variety of...
AWARDS NETW@RK”

Get in touch! 
Join our community

sales@awa rdsnetwork. com http: //awardsnetwork. com

HEB
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Trends In Years Of Service Awards Programs 2014

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This infographic highlights the Top 5 Trends of Years of Service Awards Programs for 2014.

Published in: Business
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Trends In Years Of Service Awards Programs 2014

  1. 1. AAAAAAAAAAA Trends in Service Awards Programs V V V V V V V V V V V A A A A A A A A A A A A A A A A
  2. 2. Trend #1: Recognition Right on Time Employers are giving service awards right on time, the same day of the anniversary. It's easy to recognize on time with an automated platform to schedule emails. 70% of employees are recognized 1x/ year Bersin & Associates, 2012
  3. 3. Trend #2: Service Award Info is Sent Online Although employees receive an email to congratulate them and provide ordering instructions, managers are still taking the time to thank people for their years of service in person. 73% of award program info is sent via email 71% of recognition is delivered via a one-on-one setting WorldAtWork. org, 2013 with the manager WorIdAtWork. org, 2013
  4. 4. Trend #3: Recognition is Impacting Job Performance Metrics that increase as a result of implementing an employee recognition program: Return on Assets Return on Equity Employee Retention Customer Retention Return on Profit Margin Employee Engagement Employee Pl’OClLlC(lVIy 020 SHRM, 2012 55% of employees agree that the quality of their company's recognition efforts impacts their job performance Human Resources Management Report, 2012
  5. 5. 91 ‘Va of employees feel they should be recognized and rewarded for their 1st anniversary Accelir, 2013 Trend #4: Early Service Awards Many companies are starting to recognize years of service anniversaries beginning after the first year of employment. If you don't award early service awards, employees wait 5 years before receiving recognition! / z 63% of HR managers feel employees should be recognized and rewarded for their 1st anniversary Accelir, 2013
  6. 6. Trend #5: Recipients Select Multiple Awards More employers are giving employees credits that can be spent on a variety of goods. This may include gift cards, merchandise, travel and tickets to various experiences. Instead of picking from one price point, employees can use up the credits however they would like for the service anniversary award. 39% of managers feel non-cash rewards are more effective than cash, only 20% think cash was most effective Incentive Performance Center, 2013
  7. 7. AWARDS NETW@RK” Get in touch! Join our community sales@awa rdsnetwork. com http: //awardsnetwork. com HEB

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