
5 Great Times To Award Challenge Coins
Challenge coins in the workplace boost employee morale and recognize outstanding performance
In today’s business world, retaining and motivating good employees is more important than ever. One way to improve your company retention rate is to show your staff that management values their contributions to the company’s success.
Hiring, training and keeping good employees is expensive. You know you need to do everything you can to maintain morale and keep your staff motivated. It’s a two-way street – high morale leads to lower turnover, which in turn leads to higher morale.
Employees deserve recognition for a job well done. Finding innovative ways to do that isn’t always easy. One way to show your appreciation and support for your employees’ hard work is with custom challenge coins.
Awarding challenge coins to your staff members is an outstanding way to recognize hard work and team solidarity. A custom challenge coin is more personal than an award certificate. It provides a tangible reminder of an employee’s performance that they can display at home or in the offer, or if they prefer, carry with them daily.
Opportunities to Present Custom Coins
There are many times when you have opportunities to award challenge coins to employees. There is really no bad time to present challenge coins, but some moments give them extra meaning and significance. If you’re looking for the right time to share a company challenge coin, consider these five options.
In a Performance Review
Performance reviews offer direct feedback from the employer to employees. When an employee shows consistent performance, it’s important to show them that you value their work and their dedication to the company. It’s a perfect time to present a challenge coin as a token of your appreciation of their hard work over the previous year.
As Part of a Promotion
Nothing shows how much an employee is valued more than a promotion, and custom challenge coins are a perfect way to commemorate the moment.
Moving into a higher position is a big day in any employee's career. Celebrate that moment with a custom challenge coin. The coin is a powerful gesture that will serve as a reminder of their experiences and help them appreciate the value of their promotion.
Service Anniversary Awards
Employees who serve your company for years deserve recognition for their loyalty and dedication. If you want to reward and celebrate long service, custom challenge coins are a rewarding way to do so.
Many companies recognize years of service in five-year increments. You can present a different coin design for each increment, with each becoming more elaborate as the years go by. Once again, the coin is something employees can proudly carry every day as a reminder that your company values them.
It’s important to present these coins at company-wide ceremonies, a way of recognizing staff members in front of their peers. Create a celebration that recipients will treasure, and give them a coin that they will carry as a lifetime keepsake.
Completion of a Major Project
No matter what business your company is in, there will always be big projects that are critical to success. Celebrating the completion of those projects is a sure way to build loyalty and company pride. Ideally, this is also something that should be done with a company-wide ceremony.
Awarding challenge coins to team members who worked on these major projects is a unique show of gratitude for their time and effort, as well as a symbol of solidarity for those who shared their efforts. A job well done is always worth celebrating, especially for major, labor-intensive projects that are done in addition to the regular workload.
These coins are history markers too. Years after the project, someone can pick up a coin and remember the challenges, solutions and successes of the moment, and how all their hard work paid off.
Team Building
Challenge coins are excellent for team building. Everyone enjoys feeling like they are part of something. If you’ve assigned a project or task to a specific team, custom coins are an outstanding way to create a group identity and sense of camaraderie.
Custom coins are a great way to build team spirit company-wide as well. The coins help forge bonds among employees while showing them that they are part of a team working on a shared goal. Custom challenge coins are always appreciated, no matter the occasion or celebration.
Coin Design Considerations
It’s easy to design custom challenge coins to recognize and honor employees. Some factors to consider include:
- Your company logo, name or motto. This provides the link between your organization and the employee.
- Team or project name: Identify the project or group involved in the work. If possible, include individual names. You can also create limited-edition, sequentially numbered coins to create a special bond among your team.
- Coin shape and size. You’re not limited to just round coins. If, for example, your team is working on a new airplane design, you can have the coins made in the shape of the aircraft. It’s easy today to make custom coins in just about any shape and size you can imagine. Choose the one that’s most relevant to your organization or project.
- Colors: Choose colors that match your company logo, or that complement the design best. Your coin provider can help you select the right colors for your particular design.
Choosing the Right Coin Provider
The key to successful custom challenge coins is choosing the right provider. You want a coin supplier that has a track record of excellence in quality, pricing and service. That’s where we come in.
At ChallengeCoins4Less, we’ve been crafting first-rate coins for organizations and individuals for 20 years. Our talented team will guide you every step of the way to create custom coins your employees will display and carry with pride. We make ordering fast and easy, and we back up everything we sell with our 100% Satisfaction Guarantee.
Let us show you how easy it can be to use custom coins to motivate and reward your employees for their dedication. if you'd like to find out more, call us toll free at (855) 855-272-8451, fill out our no obligation free quote form, or email us at [email protected]. We look forward to serving all your custom challenge coin needs!