* How often should recognition awards be given to employees?

It actually depends upon the employer or the company itself. The maximum frequency of awarding is monthly, but some companies reward weekly. Some companies like pharmaceutical companies usually give awarding ceremonies every six months, depending on the performances of their agents. They usually give incentives or even cars to the agents who have reached the quota of sales.

* Is it better to give an employee an award like a plaque or is it better to give cash?

Employees preferred receiving cash, since they usually appreciate additional financial assistance. After all, employees are working to gain money for living. Understandably, they prefer cash over a plaque. Nevertheless, cash some companies do not like to give cash as they want to give a tangible award that will be seen and remembered for years to come.

Some companies award their employees with incentives. Pharmaceutical companies often give these kinds of awards. Their agents receive incentives for having successfully reached the allotted quota for sales.

* What kinds of recognition awards do employees actually want?

Employees like receiving incentives. An incentive is an additional payment to employees with impressive job performances. It is also called a remunerate or financial incentive. Incentives exist in pharmaceutical companies and other companies that require a boost in sales. It is given to sales representatives who meet the expected sales quota.

* What are the most common employee recognition awards?

The following are the most common awards for employees: