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Glossary of Human Resources Management and Employee Benefit Terms
Spot awards are important for various reasons. These include:
Spot awards are given to employees who go above and beyond to help the company succeed. They are also a great way to recognize employees who have been with the company for a long time or have recently transferred to a new position.
The most important thing about Spot Awards is that they are unexpected — you want your employees to be surprised when they receive them. That's why giving them out at the end of the workday or during a lunch break is a good idea.
There are several types of spot awards that you can choose from:
Spot awards can take many forms. Some ideas include:
Spot awards are important for various reasons. These include:
Here are some tips for running successful employee spot award programs:
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.
Only employees who work directly for your company should be eligible for an employee spot award. This means contractors and third parties who work for you aren't eligible for these awards.
Here are some examples of spot awards for employees:
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