This is the third post in a series on Embedding Recognition in the Everyday Life of the Company. In Part 1, I addressed integrating recognition into your onboarding strategy and practices. Then, in Part 2, I took up how you can weave recognition into your meetings and learning opportunities.
This post will cover more traditional
recognition moments such as career milestones (length of service anniversaries)
and retirement recognition.
As you read these ideas, evaluate how you are doing with recognition in your organization in these areas, and if there are steps you need to take to improve things.
Career milestone award or service
award recognition programs have been around for many years.
Over those years there have been
the customary plaques, symbolic crystal awards, and gold watches—and these used
to start when a person reached 25-years of service.
But as tenure reduced significantly
with economy and business changes, and retention of employees was harder to
maintain, career milestones now begin at 5 years and 5-year increments
thereafter. Today, you will find many companies now start career milestones at
an employee’s first year of service.
The reality is, whether you give an
employee something tangible or not, they always have a workplace anniversary
every single year.
How do you plan to make the next
round of your milestone recognition celebrations more meaningful and effective?
How are your career milestone or service award programs doing these days?
It seems the majority of organizations have tenure or long service award programs. According to WorldatWork’s 2017 Trends in Employee Recognition, length of service recognition remains the top ranked recognition program with 85 percent of organizations.
Historically, and especially within the public sector, career milestone years were only acknowledged when an employee reached 25 years or longer. Today, most progressive organizations commence with at least 5 years and then celebrate every 5-year increment thereafter.
But when you look at the US Bureau of Labor Statistics the average tenure for salaried employees is 4.2 years. That average drops to 2.8 years for the mobile 25 to 34 year old employees.