Why an organization give awards to their employees?
To increase the motivation among the employee’s many organization providing awards to the best contributors of the company. It helps to build confidence and a positive environment for the employees. Even some would not get an award for the year, then they work hard to get the award in the next year. It will be more beneficial for the employees as well as an organization when giving custom award it helps to show off the creativity.
It is very common awards are given in schools and colleges to encourage their talent. It helps them to achieve a lot in future. Awards are given from the celebration of company anniversary to month-end awards and even some organization gives recognition to the retirement of the person who has been served greatly to the company. By giving the custom awardsthen it increases loyalty among the employees when seeing the award. They would think the organization is noticing their work and appreciating the work.
People outside the office will think the organization has to care about the employees. When displaying in office or homes it serves as the referrals for the business. When there is no appreciation or recognition is given for the effort taken by the person, then it makes them feel low. So, you cannot expect a positive result and growth of the organization. In most of the organization, people work as a team and so when offering an award makes them work harder to obtain the award. They will compete within the teams of the organization and achieve the target. When giving the award as the best employee it builds motivation among all the employees.
Thus, recognizing an effort of the right employee with an award will make them better. It also helps to increase the growth of the business.