From your company’s grand opening to your 50th business anniversary, there will be many occasions to honor with a milestone award. At Cristaux International, we like to make a big deal out of big accomplishments. We’ll guide you through everything there is to know about milestone celebrations, from categories to the creation process and ideas. You and your team have made history, so now it’s time to celebrate.
A milestone award may commemorate a variety of major accomplishments. These are used to mark your history-making moments. Examples include employee work anniversaries, company anniversaries, expansions, major deals, partnerships, distinctions, and more.
A milestone describes a major accomplishment/moment in someone’s career.
Rewarding your employees for major milestones has plenty of benefits. Find out more.
Employee loyalty
Loyalty is often taken for granted in the corporate world. However, it is essential for organizations to celebrate employee years of service/milestones. This way, you can motivate your team to continue working for you and maintain low turnover rates. A typical years of service award program may celebrate 5-, 10-, 15-, and 20-year employee milestones.
Retention improvement
Employees that feel recognized and appreciated are far more likely to stay at a company for a longer period of time. And that, in reverse, is a benefit for you as a company since long serving employees have deep knowledge of both the industry and the organization.
Talent attraction
Candidates who know about the rewards and milestone recognition in your company will more likely join you.
Morale increasement
Employees will likely do more than they are obliged to when they feel recognized and appreciated. The all-over morale of the company will increase when your employees know that their hard work and going beyond their duties are noted.
To develop a service award program, follow the proceeding steps. Also, read this blog post for more information and ideas for your service award program.
With years of experience, we’ve learned how to support our customers creating an unforgettable experience for their award recipients. Find out more about the manufacturing process at Cristaux and how you can order your custom awards.
A service anniversary marks the date an employee started working for an organization during a previous year. Common anniversaries to celebrate include 1-, 3-, 5-, 10-, 15-, 20-, 25-, and 30-year milestones. Also, the awards and gifts paired with each occasion typically grow in value as the years increase.