It's time to Celebrate!
Ideas for Long-Service Awards: Celebrating Loyalty and Inspiring Long-Term Commitment.
In a world of shifting workplace dynamics, long-service awards are a powerful way to acknowledge the enduring relationship between employee and employer. It's no wonder that 63% of UK companies use years of service award programmes—they're proven to boost morale and promote a culture where employees feel valued.
However, evolving with the times is essential to get the most out of your long-service award strategy.? Let's take a moment to explore the history of service awards.
What are long-service awards?
Long-Service awards commemorate significant milestones in an employee's tenure, fostering a sense of loyalty and commitment. Traditionally, these milestones focused on "long service," starting at the 5-year mark and increasing in 5- or 10-year intervals.
BI WORLDWIDE research shows an average tenure of 4.8 years, but only 2.6 years for millennials, suggesting decreased loyalty. This trend, supported by OECD and EU labor data, highlights the need to adapt employee engagement strategies.
Currently, only 27% of organizations reward employees for 1-3 years of service. This is a missed opportunity.
A Brief History of Long-Service Awards
Service awards are steeped in tradition, evolving alongside workplace culture:
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Here's how to make your long-service awards truly resonate:
Key Takeaway
Long-service awards are more than just a nice gesture—they're a strategic tool for building a strong, dedicated workforce. By evolving your approach to recognising loyalty from day one and offering meaningful rewards, you'll inspire your employees and cultivate a workplace where everyone feels truly appreciated.
I'd love to hear how your company celebrates long-service milestones and what was the most impactful service award you have recieved?
Share your ideas in the comments.
To read the full blog and learn more about how to elevating your Long-Service Award Programme, visit BI WORLDWIDE EMEA now.
Business Development Director @ BI WORLDWIDE EMEA | Enterprise Sales Consultant and Trusted Partner
6 个月Alan Aucoin, It still amazes me what a difference a service award can make especially at Year 1, so may companies still seem to forget this very important anniversary, just think of all the money they would have spent on recruitment and onboarding, training etc just for someone to feel disengaged from the start! Great Newsletter
Business Growth Director at Trough-Tec Systems Ltd.
6 个月Matthew Phelan you should know Alan Aucoin