Service Awards are unique recognition awards given to employees who have worked for a particular length of time or a specific number of years. The typical presentation of this recognition will include a gift and letter, or certificate, showing appreciation for their loyal service. They're also called milestone awards, service anniversary awards, on-boarding awards, tenure awards, years of service awards, or retirement awards.
A years of service recognition program is a key component of your company's comprehensive employee engagement and recognition strategy. Usually managed by Human Resources, this recognition program allows management to show appreciation, and provide an award for an employee's years of service, hard work, and their significant accomplishments. Many organizations make a point to tie this recognition program to their company's core values, which includes valuing and respecting their employees.
Linking all employee recognition to your core values helps instill and reinforce those values. It has a positive impact when employees understand the company's values, and can see the linkage to your recognition programs. The linkage provides motivation for your staff to work toward those goals and can also help reduce employee turnover.
Service Recognition is given to employees who have worked for a defined length of time or specific years of service milestones. Effective employee recognition for length of service includes formal recognition, with a presentation by management, an award, and a letter or certificate. The whole employee experience is designed to show appreciation for their loyal service and contributions. These awards can go by many names, including: service awards, milestone awards, service anniversary awards, on-boarding awards, tenure awards, years of service recognition, or retirement awards.
A Service Recognition Award will show the employee that you appreciate and recognize their loyal service and significant contributions they made to your company.
As your employee recognition committee plans for your new, or updated length of service recognition program, they may consider beginning with early-service, such as the completion of an On-Boarding process, and end with retirement recognition. Each Service Award typically increases in value with the length of service or milestone anniversary being recognized.
Service anniversaries are important to them as well as to you. Recognizing your staff for their efforts, dedication, and accomplishments will make a big difference to them! The many benefits your employee recognition program include improved: morale, engagement, productivity, loyalty, and retention.
When you recognize an employee for their service (the quantity of their service), do not miss this perfect opportunity to talk about their significant achievements and contributions to the company’s success (the quality of their service). This is especially valuable when done as part of a formal presentation in front of the employee's peers.
A Service Recognition Program is a valuable component to an organization’s comprehensive recognition plan, and provides great opportunities to recognize employees for the time they have invested in your company.
According to a SHRM* survey, almost 80% of the employees surveyed said the lack of appreciation and recognition was one of the main reasons they would leave their current job.
* SHRM - Society for Human Resource Management
Click next to continue reading the Guide to Employee Anniversary Awards
Or, see Service Award Guide's contents (List of Topics) to jump to specific topics
Call now to talk to a Recognition Specialist
call 630-954-1287 (M-F, 8:30 am - 5:00 pm CST),
Use this form to request your free information package. It will include:
* Sample Employee Service Award Presentation
* Sample Gift-of-Choice Award Catalogs
* How to tailor Service Award Presentations
* Pricing, order forms, and how to get started.