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(Chicago.CityRegions.Com, July 28, 2012 ) Chicago, IL - More human resource studies continue to show the importance of employee recognition. Recently published articles now also claim that giving recognition to employees can help companies survive the tough economic times by reducing risk and raising revenue.
Experts believe that by recognizing employees who are talented and engaged in the company can help businesses curb risk. Based on studies, more and more companies are increasing their risk management hiring, which shows that it has become so much more important for companies to keep the risks that affect their business under control. And with studies showing that employee recognition can actually help reduce the risks in business, this may give companies a cost-effective way of remaining stable despite the economic turmoil. All they have to do is offer employee awards to recognize the work done by excelling employees.
Aside from curbing risk, employee recognition is also essential in today’s economy because of its ability to help raise revenue by increasing employees’ productivity. Employees who are happy with their jobs are likely to work harder and thus satisfy more customers. This way, they can keep customers coming back.
Despite these, many companies are finding themselves in a rut even after providing employee recognition. Many experts think this is because they are using rewards instead of recognition. Rewards, which often involve material items such as cars and costly experiences such as luxury vacations, can be very costly for a business, whereas recognition is a lot more cost-effective.
Experts think that an effective recognition program does not have to involve flashy incentives. Rather, companies can reward their employees with respect, and one of the best ways to recognize an employee’s contribution without spending a lot is by providing corporate awards. These are believed to provide more meaningful recognition.
When employees are properly recognized, studies show that they don’t just stay or become more productive. They also go above and beyond what is expected of them. The benefit, in the end, will impact the company.
In line with this, recent statistics show that employee recognition programs are increasing in number. The number of employees who said they are being recognized at work also increased by 13.6 percent in just six months. This shows that companies seem to be catching on to the importance of providing proper and meaningful recognition to their employees.
Companies who are interested in providing awards to their best employees can obtain corporate plaques and other awards from Trophiesales.com.
About Trophiesales.com
Trophiesales.com, operated by All American Trophy King, is a reputable source of awards products, including trophies, medals, and plaques. The Chicago-based trophy and plaque source is the go-to resource for any kind of award used for various industries, including sports, academics, and corporate. The company recently updated its corporate offerings with a wide range of corporate plaques, crystals, glass, and acrylic awards. Aside from corporate awards, the company also offers academic medals, retirement plaques, police awards, religious awards, salesman awards, and business awards, among many others.
Trophie Sales
Capt. Joseph Russo
7085359104
jruso60@yahoo.com
Source: EmailWire.Com
Source: EmailWire.com
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