Employers still showing loyalty to service award programs: Survey

Jewelry remains most popular form of recognition, green products least popular but almost no firms cut budgets for service awards during recession
By Danielle Harder
|Canadian HR Reporter|Last Updated: 04/04/2010

Service awards remain a priority at many companies, despite tighter budgets and waning interest in milestone pins and certificates.

Nine out of 10 companies offer service awards and almost all (92 per cent) say the economic downturn has not caused them to cut back, according to a recent survey of 315 companies conducted by Canadian HR Reporter.

Jewelry, such as watches and rings, is the most popular form of recognition (53.3 per cent). It’s also the reward employees are most likely to choose on their own (62.5 per cent), finds the survey.