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Glossary of Human Resources Management and Employee Benefit Terms
Excellence awards are recognition programs designed to acknowledge and celebrate individuals or organizations that have demonstrated exceptional performance, achievements, or contributions in a specific field or industry. These awards aim to honor excellence, inspire others, and promote a culture of continuous improvement. Excellence awards can be found in various sectors, including business, academics, sports, arts, and community service.
Recognition granted to employees for outstanding performance, contributions, or achievements within the organization.
Excellence awards serve multiple purposes, primarily aimed at recognizing and rewarding outstanding achievements, contributions, and performance in various fields. The key purposes include:
Receiving an excellence award can offer various advantages, including:
Excellence awards can cover a wide range of categories and criteria, depending on the nature of the award and the industry. Common categories include:
These categories may vary widely, and specific award programs may have unique criteria tailored to their goals and objectives.
The process of selecting winners for excellence awards can vary based on the awarding organization and the specific criteria. However, common methods include:
These are short surveys that can be sent frequently to check what your employees think about an issue quickly. The survey comprises fewer questions (not more than 10) to get the information quickly. These can be administered at regular intervals (monthly/weekly/quarterly).
Having periodic, hour-long meetings for an informal chat with every team member is an excellent way to get a true sense of what’s happening with them. Since it is a safe and private conversation, it helps you get better details about an issue.
eNPS (employee Net Promoter score) is one of the simplest yet effective ways to assess your employee's opinion of your company. It includes one intriguing question that gauges loyalty. An example of eNPS questions include: How likely are you to recommend our company to others? Employees respond to the eNPS survey on a scale of 1-10, where 10 denotes they are ‘highly likely’ to recommend the company and 1 signifies they are ‘highly unlikely’ to recommend it.
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