Making Service Anniversary Awards Relevant for All Generations

October 31, 2014 | By Mike Ryan


How prevalent are service anniversary award programs? According to WorldatWork, nine out of every 10 companies that have a formal employee recognition structure in place feature one within their portfolio.


There is a reason for that. Service anniversary awards do a good job of celebrating the dedication and loyalty an employee has exhibited over time. Still, in a labor market that’s becoming younger and increasingly mobile, is the one-dimensional nature of the traditional service anniversary award—one that offers simple symbolic and/or emblematic rewards and not broader, lifestyle-based choices, and does so only in five-year intervals—the best way to retain talent?


ABOUT THE COMPANY

Madison creates cultures where employees love to work, learn, connect & succeed. 

 

As a global leader in Social Employee Recognition, Madison delivers intuitive and multi-faceted Recognition, Incentive, and Service Anniversary programs powered by Maestro, our uniquely configurable cloud-based SaaS technology.

With Maestro, our clients use social employee recognition to strengthen the bond between managers and their teams; and the relationship between employees and their companies.

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New York, NY 10017

212-758-4385

info@madisonpg.com

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