Employee Retention Awards: How Many Types Are There and Do They Really Help?

Hello everyone,

How many types of awards are there for employee retention, and what are the criteria for choosing them?

Are these awards helpful for the company or not?

Hi Pradeep,

Recognizing a Team Lead/Manager for their retention of employees in their team reduces attrition and increases satisfaction levels. Below is an example:

* Retention Champion Award/ Best People Retainer: If the attrition is zero for a particular period.

Thanks,

Hi,

You can also try awards like "Best Employee of the Year" (for work performance/no leaves for the year, etc.), Certificate of Achievement (for achieving some special task), etc.

Also, please consider introducing:
- Team birthdays and work anniversaries
- Spot awards (when you see employees do something right, give them a small gift/card on the spot)
- Traveling trophy: Create a traveling trophy (e.g., a special object like a special hat, etc.) that moves from employee to employee based on outstanding work.