How To Make

SERVICE ANNIVERSARYAWARDS

Relevant For All Generations

TRADITIONALISTS BABY BOOMERS GEN XERS MILLENNIALS

Service anniversary awards do a good job of celebrating the dedication and loyalty an employee has exhibited over time.

Still, in a labor market that’s becoming younger and increasingly mobile, is the one-dimensional nature of the traditional service anniversary award the

best way to retain talent?

9 OUT OF EVERY 10 COMPANIESthat have a formal employee recognition structure in place feature one within their portfolio.

How prevalent are service anniversary award programs?

According to WorldatWork,

LESS THAN HALFof all employees stay at any job

longer than FIVE years

Workers 35 and younger

Across all age groups employees cite a lack of appreciationas the #1 reason why the leave.

AVG HALF THAT

For the �rst time in history, there are fourdifferent generations working side-by-side in the workplace.

To maintain a “unified culture” where the same values and ambitions are shared, each age group must be addressed.

TRADITIONALISTSborn before 1945

The time-tested veterans of the workplace. They want to be acknowledged for all of the wisdom and experience they bring to any situation.

Encourage them to apply that perspective to the day-to-day issues facing the organization.

BABY BOOMERSborn between 1946 & 1964

A big part of any company’s success to date. They feel that they have earned the right to be heard.

Recognize them, celebrate their stature, and reinforce their significance, both past and present to the company.

GEN XERSborn between 1965 & 1976

A reputation for independence and “free agent thinking”. In the right situations they have proved themselves to be self-managed dynamos.

Celebrate their entrepreneurial instincts and position their accomplishments as “leadership in action”.

MILLENNIALSborn between 1977 & 1997

When it comes to feedback & praise there is no such thing as too much.

This group is constantly weighing and re-evaluating their own sense of “fit” within the company through the lenses of peers.

SUMMARY

Acknowledging employees throughout their careers is critical. Congratulating them at the right time keeps their focus. Appealing to their divergent lifestyles is a must; as is granting them access from any device.

Madison can help you do all of that. We bring experience and insight to bear along with Maestro, the most configurable Social Recognition Technology in the industry.