Recognizing and Rewarding Employees Makes Your Business Better. Period.

Nov 12 | 2019

“Great job with that project. I really appreciated your insights and everything has come together perfectly.”

How awesome does it feel when someone recognizes your hard work and thanks you for it? You feel appreciated and valued, and if you’re like most people, you’re energized and ready to get back to it. That’s the power of employee recognition, but that’s just one piece of the puzzle. At Benefits by Design, we believe there’s more to it than that.

There are lots of ways to recognize and reward employees for the contributions to your business beyond kind words or gift cards. What follows are some ideas to get you thinking, and some examples of how and why we’ve found them effective.

Happy Employees are Better Employees

We know this isn’t exactly a groundbreaking revelation, but it’s an important thing to highlight when we’re talking about employee recognition.

Happy employees are more productive, more loyal, and more collaborative with their peers. They’re more willing to share new ideas and initiatives, boosting your business and morale, and they’re far more likely to stick around, increasing your employee retention.

Recognizing and rewarding employees equals happier employees, and happier employees equals a better business. Period.

Employee Recognition Tips

Now that we’ve highlighted the benefits of appropriately rewarding and recognizing employees, it’s time to share with you some unique ways to do it.

Personalize your efforts. Whether you’re giving a person a thank you gift or merely offering them praise on a job well done, it’s important to personalize the effort. Giving them a gift card? Go the extra mile and make sure it’s to their favourite coffee shop, or for that bookstore they love so much.

Make it unique and get creative. Working hand-in-hand with personalizing your efforts, it’s important to make your efforts unique. If employees know that your desk drawer is full of $10 gift cards to Starbucks or Tim Hortons when they receive one, a little bit of the magic is lost. Get creative with your rewards and recognition!

Recognize years of service. Whether they be 1, 3, 5, or even 20-year anniversaries, it’s important to celebrate and recognize the years of service of your employees. At BBD, we have entire segments of our company meetings devoted to this.

There’s definitely more to this, but these are the big ones we’ve found success with, which you’ll see in the next section where we combine all three to reward and recognize a stellar employee.

A Story of Employee Recognition

Shannon Hamilton, Regional Director for Vancouver and surrounding area, recently celebrated twenty years at Benefits by Design. As a company that’s only 24 years old (founded in 1996), that means that Shannon has been with us since the very beginning. She’s been through thick and thin and has been absolutely crucial to the overall success, growth, and stability of our company.

How do you thank someone for that?

We had never before celebrated a 20-year anniversary (though expect a few more in the next few years), but we knew we had to do something special, personal, and impactful.

So we organized a company-wide national “Shannon Run” to raise funds and awareness for breast cancer. As a breast cancer survivor and an amazing example of what resilience truly means, this was something we could do as a company to celebrate Shannon’s significant milestone and support a cause near and dear to her heart.

Together, we raised over $1,400 dollars for the Canadian Cancer Society and donated it in Shannon’s name. Now if that isn’t a unique way to reward and recognize an employee, we don’t know what is.

You can learn more about rewards and recognition on the whole by reading about the concept of Total Rewards – the entire compensation package an employer offers to employees, where rewards and recognition is but a small piece of the puzzle.

Total Rewards are the whole package provided to employees.
Is yours enough?

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