One of the best things that has been instituted within my workplace is the annual awarding of the CEO awards to those staff members that have displayed exceptional and outstanding qualities during the previous 12 months.
In the beginning a lot of staff were blase about the whole thing due to it's being so new. Staff wondered just how long the gimmick would last. I am proud to say that 2010 was the fifth time that the awards have been given out and the recipients this year were stellar.
Here is what is great about the awards -
- Hard workers are rewarded and honored by both management and their peers.
- There is a financial reward for continued professional development which means the business is prepared to reinvest into those people and have their success shared around.
- The ongoing awarding over the years adds an element of prestige and glamour.
The awards are a bit like the Oscars in that those who have shown both longevity and stand out achievements become the winners.
One important aspect of handing out awards is that they must be relevant, timely and the recipients must be held in high regard.