Beyond the gold watch

Service awards can be popular and powerful or a breeding ground for cynicism
By Todd Humber
|CHRR, Report on Total Rewards|Last Updated: 01/31/2006

The vast majority of employers taking part in

Canadian HR Reporter

’s survey on total rewards offer service awards, with 83 per cent of 108 respondents stating they have such a program. And the vast majority — 88 per cent — increase the value of the gift as the worker’s tenure increases.