Employee turnover is a given in the highly competitive corporate world. The brightest worker may one day decide to quit his job and leave the company. A few may leave involuntarily after that. The reason is that the employer fires them for a reason, or they leave to pursue better opportunities. However, employee turnovers disrupt a company’s operations.

Aside from the time needed to scout, hire, and train a replacement, the process costs a lot of money. Human resource practitioners estimate that employers spend an equivalent of a half year’s salaries to get a replacement team member. For this reason, one of the functions of strategic human resource management is to reduce the organization’s employee turnover rate.

Employee Retention Strategies

A proactive organization implements employee retention strategies to keep the best workers staying with the company. The company’s output of products or services runs smoothly by experienced and adequately trained employees.

To attract workers and retain their services, companies compete against others. Aside from offering a competitive compensation package, the recognition of employee accomplishments has been one of the more common among employee retention strategies.

Giving creative employee appreciation gifts to a deserving worker is one of the best ways to express recognition of his contribution to the company. An appreciation gift makes employees feel valued. The award opens a communication channel as it imparts a clear expression of a positive message. It improves employee satisfaction and boosts employee morale.

Giving Memorable Gifts

It’s ideal that the gift makes an impact and will be memorable to the recipient. The employer would want the lasting effect of the appreciation to inspire the worker further. The employer would want to create a ripple effect not only with the recipient but also with his co-workers.

Employers can do better than merely expressing employee appreciation through boring certificates printed on the office computer and distributed to the recipients’ work desks by the office messenger. Giving appreciation gifts can be done creatively. Even a top-of-the-line, classy, and creative employee appreciation gift is just a small fraction of the cost of employee turnover.

Items may be considered as creative employee appreciation gifts if they are unique, classy, and useful. Individual pieces are extraordinary, exceptional, unusual. The items’ uniqueness may be achieved if they are not commonly found in other stores. Specificity may also be attained through its design and packaging. A personalized message will also help. Uniqueness may even be achieved through the use of verbal puns with the product or with the company name and brands in the accompanying letter.

Utilitarian Value of Appreciation Gifts

An employee appreciation gift may be considered beneficial or useful if it has practical value. The typical example is a timepiece that the employee can often wear. Durability will contribute to the utilitarian value of the gift. Employers would not want to give an item that will only be good for one-time use.

The items’ classiness will depend on stylishness and workmanship. The gifts would be something that the recipient would want to display or show to others proudly.

The strategic HR practitioners in the organization should consider the impact and memorability of the item in selecting appropriate and employee appreciation gifts. The recipients deserve this much.

Published: 2019-08-28 19:30:50