Is Money a Good Form of Employee Recognition?

While money is often used as a form of employee recognition, studies have shown that rarely does money provide the return on investment that an actual award will. Money is frequently used because it is easy and because many people believe that it is a great award. Unless the financial award is a significant portion of their annual income, it will not provide the return on investment the award program is intended to achieve.

In addition, money isn’t a lasting reminder of an employee’s achievement or their contribution to the company. An engraved award or gift, usually prominently displayed on a wall, desk or bookcase, serves as a reminder of that employee’s achievement and motivator for other employees.

A personalized plaque or gift from Massillon Plaque also has a high perceived value. Our custom personalized gifts are made of quality materials including brass, bronze stainless steel, and crystal/glass. Obviously, this makes for a more special awards presentation than an envelope would.

Instead of giving your employees money which will be gone in an instant, choose a personalized gift that will last a lifetime.