Dear all,
Can anybody pls share with me if you have any policy to give something/gits etc to the employees who have completed 10 yrs, 15 yrs, 20 yrs + in the company. If you hve then would request you to pls share with me.
Thanks & regards,
Rekha
From India, Delhi
14Can anybody pls share with me if you have any policy to give something/gits etc to the employees who have completed 10 yrs, 15 yrs, 20 yrs + in the company. If you hve then would request you to pls share with me.
Thanks & regards,
Rekha
From India, Delhi
Dezar Rekha,
It was a pleasent surprise to see such a post in the current corporate scenario. Yes, we have and also have worked for Companies which have such policies.
The things which are presented are:
1) Watches with Company Logo engraved.
2)Gold Coins with Company Logo
3) Otheritems like silver idols of Gods, and other decorative silver items.
Among the above the Watches are most common: For example:
1) 10+ years you may give SONATA
2) 15+ years you may give Titan
3) 20+ years you may give Titan raga.
And similarly you can increase the price of the watch with years. You can also give Silver items, followed by Titan Watches and ending with gold coins.
This must be accompanied by a Fecilitation Cerimony along with an appreciation certificate.
Regards,
SC
From India, Thane
It was a pleasent surprise to see such a post in the current corporate scenario. Yes, we have and also have worked for Companies which have such policies.
The things which are presented are:
1) Watches with Company Logo engraved.
2)Gold Coins with Company Logo
3) Otheritems like silver idols of Gods, and other decorative silver items.
Among the above the Watches are most common: For example:
1) 10+ years you may give SONATA
2) 15+ years you may give Titan
3) 20+ years you may give Titan raga.
And similarly you can increase the price of the watch with years. You can also give Silver items, followed by Titan Watches and ending with gold coins.
This must be accompanied by a Fecilitation Cerimony along with an appreciation certificate.
Regards,
SC
From India, Thane
Dear SC.
Thanks a lot for your prompt response. I will definitely speak regarding this with my management on this.
I would request other HR friends also to share their suggestions/experience related to this matter with me.
Thanks & regards,
Rekha
From India, Delhi
Thanks a lot for your prompt response. I will definitely speak regarding this with my management on this.
I would request other HR friends also to share their suggestions/experience related to this matter with me.
Thanks & regards,
Rekha
From India, Delhi
hi rekha
yes i have also in companies which has this policy
In one the company gifts were being distributed to those completed 5,10,15 years with the organisation
it is
Music system
Watches
Kitchen wear
yearly, three yearly, 5 years Magzine subscriptions
in other company their names used to appear in the corporate magzine. This magzine was common for all branches including international offices.
regards
From India, Chandigarh
yes i have also in companies which has this policy
In one the company gifts were being distributed to those completed 5,10,15 years with the organisation
it is
Music system
Watches
Kitchen wear
yearly, three yearly, 5 years Magzine subscriptions
in other company their names used to appear in the corporate magzine. This magzine was common for all branches including international offices.
regards
From India, Chandigarh
Hi Rekha
recently we completed 20 years of our operations and celebrated the occassion by a 2 day event where in we recognised and felicitated our team members for respective outstanding work done.
among them included an award "Legend of United" that came with a small trophy and a certificate to honour people with over 10+ years of services.
We had 10, 14 & 15 yrs of services examples about whom we explained their contributions and acknowledged their efforts.
one of them was awarded the highest honour "Fellow of United" for outstanding contribution in respective functional area.
This was done with All India team present for the function and images circulated across.
hope the idea helps.
rgds
Yogesh Pahuja
From India, Ahmadabad
recently we completed 20 years of our operations and celebrated the occassion by a 2 day event where in we recognised and felicitated our team members for respective outstanding work done.
among them included an award "Legend of United" that came with a small trophy and a certificate to honour people with over 10+ years of services.
We had 10, 14 & 15 yrs of services examples about whom we explained their contributions and acknowledged their efforts.
one of them was awarded the highest honour "Fellow of United" for outstanding contribution in respective functional area.
This was done with All India team present for the function and images circulated across.
hope the idea helps.
rgds
Yogesh Pahuja
From India, Ahmadabad
Dear Rekha
The usual gifts would be giving watches, pens, coins with Co logo etc as mementos....but I personally feel that people who have served so long in any organization could be given paid vaccation maybe to places like South Asian countries aas going abroad these days is almost same as a holiday in India.
I personally feel that such initiatives would build a better work culture & employees would be with a particular organization for longer !!!
cheers
Rueben
The usual gifts would be giving watches, pens, coins with Co logo etc as mementos....but I personally feel that people who have served so long in any organization could be given paid vaccation maybe to places like South Asian countries aas going abroad these days is almost same as a holiday in India.
I personally feel that such initiatives would build a better work culture & employees would be with a particular organization for longer !!!
cheers
Rueben
Dear Yogesh & Rueben,
Thanks for your valuable guidance and sharing your experiences with me.
I really appreciate your efforts for the time you have taken in answering my post.
I will definitely consolidate the information and will make a draft policy on this and will discuss with my CGM.
Thanks again
Rekha
From India, Delhi
Thanks for your valuable guidance and sharing your experiences with me.
I really appreciate your efforts for the time you have taken in answering my post.
I will definitely consolidate the information and will make a draft policy on this and will discuss with my CGM.
Thanks again
Rekha
From India, Delhi
Hi,
We give a scroll of honour and cash gift to our employees.
after going thru the various suggestions, I feel that the policy of the company should be designed to cover the employees at various stages depending upon the industry they belong to.
In case of IT or BPO companies, a reward should be given on completion of 3 years, 5 years, 8 years, and 10 years.
In case of Manufacturing Industry, where the retention is high, the starting year may be 5, then going to 10, 15 and 20 years.
The value of gifts or cash award should also be increasing with the years of service and should be decent one at 10 years onward.
These should be given to the employees at the work place in presence of his department or location people to motivate others as well and the presentation should be done showing respect to the receiptant.
The items should be in a nature which should be personal to the employee/ his family and if can go with company logo will be quite fine.
Thanks
Pankaj
From India, New Delhi
We give a scroll of honour and cash gift to our employees.
after going thru the various suggestions, I feel that the policy of the company should be designed to cover the employees at various stages depending upon the industry they belong to.
In case of IT or BPO companies, a reward should be given on completion of 3 years, 5 years, 8 years, and 10 years.
In case of Manufacturing Industry, where the retention is high, the starting year may be 5, then going to 10, 15 and 20 years.
The value of gifts or cash award should also be increasing with the years of service and should be decent one at 10 years onward.
These should be given to the employees at the work place in presence of his department or location people to motivate others as well and the presentation should be done showing respect to the receiptant.
The items should be in a nature which should be personal to the employee/ his family and if can go with company logo will be quite fine.
Thanks
Pankaj
From India, New Delhi
Hi ,
In our company we also have a policy of awarding our employees for Min 5 years of service.
The gifts are generally
1) Crystal vase
2) Leather Bags
3) Espirit watches
All these come with the company logo.
An option is given to the employees to select one......
Regards,
Niketa
From United States, Holland
In our company we also have a policy of awarding our employees for Min 5 years of service.
The gifts are generally
1) Crystal vase
2) Leather Bags
3) Espirit watches
All these come with the company logo.
An option is given to the employees to select one......
Regards,
Niketa
From United States, Holland
Wonderful replies...simple additions...my ideas :
If in industries where retention is high
15 years - Watches / ESOP
25 years - Silver (utensils/anything) / Paid vacation trip / ESOP
35 years - Gold (utensils/anything) / Paid vacation trip / ESOP
If in industries where retention is moderate
10 years - Watches / ESOP
15 years - Silver (utensils/anything) / Paid Vacation trip / ESOP
20 years - Gold (utensils/anything) / Piad vacation Trip / ESOP
If in industries where retention is low/very low
2 years - Watches / ESOP
5 years - Silver (utensils/anything) / Paid Vacation trip / ESOP
8 years - Gold (utensils/anything) / Piad vacation Trip / ESOP
These depends on many factors, following are some:
Culture of the company
Nature of industry
Budget/ Financial position of the company
Future of the business
Future plans of the company
Competitors strength
Quality of people retaining back
Well, one of the ideas posted about paid vacation trip is simply superb. Kiddos to such thinking.Keep it up my friend.
Ankit Banerjee
From India, New Delhi
If in industries where retention is high
15 years - Watches / ESOP
25 years - Silver (utensils/anything) / Paid vacation trip / ESOP
35 years - Gold (utensils/anything) / Paid vacation trip / ESOP
If in industries where retention is moderate
10 years - Watches / ESOP
15 years - Silver (utensils/anything) / Paid Vacation trip / ESOP
20 years - Gold (utensils/anything) / Piad vacation Trip / ESOP
If in industries where retention is low/very low
2 years - Watches / ESOP
5 years - Silver (utensils/anything) / Paid Vacation trip / ESOP
8 years - Gold (utensils/anything) / Piad vacation Trip / ESOP
These depends on many factors, following are some:
Culture of the company
Nature of industry
Budget/ Financial position of the company
Future of the business
Future plans of the company
Competitors strength
Quality of people retaining back
Well, one of the ideas posted about paid vacation trip is simply superb. Kiddos to such thinking.Keep it up my friend.
Ankit Banerjee
From India, New Delhi
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