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Employee Service Programs and Retirement

Posted by | 29-07-2020

When an employee works and helps a business or organization to achieve its goals, a reward often follows inside a employee service award program. This is an invaluable tool in any company to reach its greatest success by improving productivity and employee satisfaction.

It is quite common for businesses and employers to honour retirees with parties, gatherings, and ceremonies. Such occasions focus on the accomplishments and dedication to the company. It is also common to hold a luncheon during the work day or a dinner during the evening, so that family members can partake in the celebration. It is during the luncheon, dinner, or party that an award be presented to the retiree.  After a lovely meal, the retiree is honoured with a plaque detailing the years of service and contributions to the company. In addition to the award/plaque, it is also customary to present retiring employees with a gift as part of a employee service recognition program. The gift often reflects the person’s personality, his/her hobbies, and/or his/her plans in retirement. The gift adds a simple and lovely touch to a special occasion.

Choosing to retire is a big decision. Many retirees contemplate retiring for months and even years. Many retirees invest their entire working lives in the same company, dedicating decades to ensure the success and productivity of a business. Because of this dedication and time, those who choose to retire should be recognized for their years of service which is an integral part of an employee service award program.

Retirement awards are an essential practice to any business. Retirement awards are also the last opportunity to show an employee your appreciation for their hard work and dedication of service. If it is not a common practice within your business to honour retiring employees with awards and plaques within your recognition awards in Canada, it may be something to consider, as they hold significant value to people.

A service rewards program is not only used to motivate employees to achieve better results in their job, but also it helps employees to develop their job skills. Service rewards programs often lead to higher pay when performing more challenging tasks than normal tasks of the job.

The greatest success of a service rewards program is where the incentives are large enough to be meaningful to employees. In turn, employees must be flexible to meet the needs and timelines the employer imposes to earn the reward. Employers always need to follow through with their promises by matching the employee productivity with the demands of the employer. Overall, a service rewards program ensures a more positive and productive work environment for all members. It leads people to feel better about themselves and their jobs. A service rewards program truly is a win-win scenario.


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