Custom Years of Service Programs from QIC
Innovation and Creativity Are Needed to Avoid Unsustainable, Higher Costs for Turnover, Recruitment, and Training
Most companies incorporate some form of tenure-based employee recognition into their overall engagement strategy. But now more than ever, employees are willing to change jobs or walk away, and this trend is likely to continue. In response, businesses must innovate and produce creative solutions through a years of service program or risk unsustainable, higher costs when it comes to turnover, recruitment, and training.
Breaking out of the traditional “every 5 years” work anniversary cycle and celebrating career achievement between the organization, employees, and peers will help to keep things fresh. Failure to invest in new recognition strategies can lead to apathy and unnecessary costs. Being proactive is imperative, and QIC has the cutting-edge expertise tailored specifically for the unique demands of today’s business climate. Read on to learn how years of service recognition programs can benefit your business.
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Questions
Does your business have an employee recognition program in place currently? Do your current recognition efforts have centralized oversight and communications?
Does your current company struggle with employee retention? Are your recruiting, hiring, training, and employee retention costs unsustainable?
Points to Consider
31%
Business productivity increases by 31 percent when employees are happy, highlighting the value of employee milestone recognition.
59%
Organizations scoring in the top 20 percent of engagement experience 59 percent fewer turnovers.
Over 40%
Over 40 percent of employed Americans say they would invest more energy into their work if they were recognized more often.
About Our Years of Service Recognition Programs
One of the goals of a custom years of service award program is to reward employees for longevity and commitment. Rewarding and celebrating career milestones shows that a company truly appreciates its employees and leaves an indelible impression on the entire workforce. Even if an employee can’t envision staying in one place for decades, recognizing and rewarding career achievement says “thank you” in a tangible and meaningful way, creates positive morale, and promotes teamwork.
We are committed to helping you celebrate, reward, and engage your employees via effective service recognition programs. In a no-cost consultation, we can help you design a meaningful recognition solution that pairs our decades of experience with your company culture and unique situation.
Our team brings the latest in techniques, technology, and services to ensure accessibility and a positive experience for your employees and drive positive business results for your organization. For our custom employee milestone programs, we can provide:
- A custom approach designed for your specific needs and budget requirements
- Customized, branded presentation materials
- Program management through IncenTrac®, our proprietary, cloud-based engagement platform
- A dedicated account management team and in-house client services team
- Expert rewards fulfillment featuring thousands of unique lifestyle rewards
Employees will receive a customized, branded service award packet on or around their career milestone date. The award packet includes redemption instructions granting access to your branded redemption website.
The participant is able to browse the reward offerings and make selections from the lifestyle rewards available. Selected rewards are then shipped to the employee’s home.
FAQs on Years of Service Rewards
What types of companies can benefit from years of service programs?
Realistically, any kind of business can benefit from a custom service recognition program, since all organizations have employees who want to be valued. Some specific fields that often implement these programs include healthcare, restaurant chains, manufacturing, and transportation and trucking.
Can years of service programs be paired with other types of recognition programs?
Yes! Most companies begin with a years of service rewards program and after being satisfied with the results will add on other forms of recognition to enhance overall effectiveness.
For many industries, we often recommend pairing a custom years of service program with a comprehensive recognition program and a safety program.
What is the typical budget for a years of service program’s rewards?
Years of service budgets vary greatly and are unique from one client to another. We will share our expertise and make recommendations based on years of experience working with a wide range of clients from diverse industries.
Ready to Get Started? Contact Us About a Custom Employee Milestone Program
Years of service programs add a spark that can boost the morale of the entire staff, and they offer a natural vehicle to reinforce and communicate an organization’s core values.
If you’re ready to develop a custom program for your company, contact QIC today. We’re ready to get to work.
