Celebrate Your Staff! Use Custom Coins As Employee Service Awards

If you’re running a business, you know employee morale is critical to company success. Keeping your employees motivated takes work. But it pays off in the long run. Turnover is expensive. Recruiting, training and general onboarding of new staff is far more costly than keeping the employees you already have.

One key to keeping employees positive is giving them a sense that they and their work are valued. Everyone wants to feel they are making a positive contribution and that their hard work is being recognized.

The Importance of Recognition

Studies have shown that most of the time, employees don't leave a job for more money. Instead, they leave because they don't feel valued. That’s why most companies take time to celebrate employees who demonstrate commitment and hard work.

From morning donuts to free lunches, employers are always looking for new ways to recognize employees, especially veteran employees who show dedication and long-term loyalty. One popular way to recognize your employees and show that their dedication is appreciated is through corporate challenge coins.

Remember The Key to Your Business Success: People

No matter what kind of business you’re in, your staff is the key to making it run. Without them, you have no business. It pays to keep them motivated. Rewarding accomplishment on a regular basis is a time-honored way to do so.

Ways To Use Challenge Coins for Recognition

You can use challenge coins for recognition. Here are some of the most popular.

Years of Service Awards

Your company can use challenge coins to recognize and honor employees in several ways. One of the most popular is to commemorate years of service.

Typically, companies recognize employee longevity in specific intervals, for example, every five years. In today’s job market, five years at one employer is a significant milestone, and one well worth celebrating. 

Challenge coins are a great fit for recognizing employee years of service because they can be personalized with names, starting dates and other information relevant to the recipients. It shows your employees that management values their hard work, and celebrates their dedication. 

One of the biggest benefits of using challenge coins instead of certificates is that you’re giving recipients an actual tangible representation of their time with the company. It’s something they can display with pride at home or in their office, and can carry it with them in a pocket or purse.

Project Recognition

People take pride in their work, and they want to know that they are valued. When you celebrate major accomplishments in the moment, you are fostering a positive culture while showing employees that you appreciate their work.

You can present custom coins for accomplishments such as completing a major restructuring, meeting sales goals, successfully introducing a new product or service, or discovering a more efficient, cost-effective way of doing things. Challenge coins presented to individuals or teams help boost morale overall and increase a sense of belonging.

Team Building

Fostering that sense of belonging is one of the biggest benefits of using challenge coins. Team-building exercises are another opportunity to increase camaraderie among coworkers. Present challenge coins at the completion of such exercises as a way to remind participants of their accomplishments.

Presenting Challenge Coins

Depending on the workplace, presenting challenge coins can be either a low-key affair or a full-fledged office gathering. You might choose to present coins at staff members’ desks or at a companywide assembly, based on the nature of the occasion.

For awards to specific teams, a presentation to the team can be the way to go. If the accomplishment is something major, an all-company gathering can add a sense of importance that employees receiving the coins are sure to appreciate.

If you’ve just completed a really big project such as the opening of a new facility or the successful rollout of a new product line, consider an even bigger event to present challenge coins and celebrate the achievement. Open it to the public, and invite the press. Then present custom coins to everyone responsible for the success of the project. If there’s one thing better for employee morale than companywide recognition, it’s public recognition. Honor those who make your success possible.

Pair Coins With Other Rewards

Keep in mind that you don’t want to just present challenge coins for major achievements. If something is a really big deal, treat it that way. Present challenge coins, but also couple them with bonuses, gifts, trips and other rewards. Don’t think challenge coins alone are just a cheap way to say thanks.

The most notable awards are paired with experiential gifts such as a free lunch at a trendy spot in town, a free trip, or even a vacation. Sharing a unique experience with the award is far more memorable than cash or a gift card. Get creative and show your employees how much you value their hard work. 

Choose Your Provider Wisely

Obviously, if you’re ordering custom coins to recognize your staff, you want them to be the best that they can be. That’s where we come in. At ChallengeCoins4Less.com, we take pride in what we do. Our employees are simply the best in the business. We have 20 years’ experience crafting custom challenge coins for businesses, nonprofits, schools and every branch of the U.S. military.

Our talented team will help you create a design that is ideal for your company. Through the use of state-of-the-art equipment and processes, we offer top-quality coins at an affordable price. We will work with you every step of the way to ensure your challenge coins are exactly what you want them to be.

If you’d like to learn more about how recognition challenge coins can help boost your company morale and reduce turnover, give us a call, toll free at (855) 272-8451, or coins@challengecoins4less.com.  We’ll gladly answer any questions you might have about challenge coins. 

If you already have a coin design you’re considering, fill out our no obligation free quote form and we’ll respond with a free digital proof of your design. We’re here to make your company look good! Let us show you how easy and fast ordering custom challenge coins can be.