Recognise loyal service and build a motivated and committed workforce with long service awards
As a tried and tested form of staff recognition, the introduction of long service awards can help your business to build a more motivated and committed workforce – plus make huge savings by retaining key employees, rather than replacing staff.
The average tenure of a salaried employee is just 4.2 years; for employees 25–34 years old, the average drops to 2.8 years, according to the Bureau of Labor Statistics.
Over recent years, an increasing number of larger organisations and their HR departments have set about reviewing and revamping their long service awards schemes (also known as loyalty rewards) – and if others in your industry are doing the same, you don’t want to get left behind.
As a tried and tested form of staff recognition, the introduction of long service awards can help your business to build a more motivated and committed workforce – plus make huge savings by retaining key employees, rather than replacing staff.
The average tenure of a salaried employee is just 4.2 years; for employees 25–34 years old, the average drops to 2.8 years, according to the Bureau of Labor Statistics.
Over recent years, an increasing number of larger organisations and their HR departments have set about reviewing and revamping their long service awards schemes (also known as loyalty rewards) – and if others in your industry are doing the same, you don’t want to get left behind.
We’ve been providing long service award solutions to HR teams and businesses for many years, and our team are always happy to discuss your options, help you identify the best format and assist in the management of your awards calendar.
Here are a few examples of the awards we offer that work perfectly for long service and loyalty recognition:
Let employees choose a reward that most appeals to them (using a plastic gift card) at 95+ high street stores, or exchange them online for access to even more big brands.
Reward long service employees by giving them a paper voucher that they can redeem on anything they want at any one of our 20,000 participating retailers.
With over 200 tour operators available to choose from, say thank you for their loyal service by helping employees take a well-earned break in the sun.
Recognise your employees long service with an online employee recognition program and build a positive and engaged workplace culture.
We’ve been providing long service award solutions to HR teams and businesses for many years, and our team are always happy to discuss your options, help you identify the best format and assist in the management of your awards calendar.
Here are a few examples of the awards we offer that work perfectly for long service and loyalty recognition:
Showing your staff that you value their loyalty shouldn’t wait until retirement – one of the primary drivers for recognising length of service is to encourage increased performance while they’re still with you!
Traditionally, the benchmarks for loyalty rewards are 5, 10 and 20 years long service. However, if you operate in a sector with a high staff churn such as retail or customer service, a 5 year long service award is unlikely to be effective, so you should consider introducing them as early as after 1 or 2 years of employment.
Showing your staff that you value their loyalty shouldn’t wait until retirement – one of the primary drivers for recognising length of service is to encourage increased performance while they’re still with you!
Traditionally, the benchmarks for loyalty rewards are 5, 10 and 20 years long service. However, if you operate in a sector with a high staff churn such as retail or customer service, a 5 year long service award is unlikely to be effective, so you should consider introducing them as early as after 1 or 2 years of employment.
Looking to launch a long service awards scheme? This guide will take about five minutes to read and will prime you to start structuring, scheduling and fulfilling a new or revamped long service awards scheme.
Looking to launch a long service awards scheme? This guide will take about five minutes to read and will prime you to start structuring, scheduling and fulfilling a new or revamped long service awards scheme.
Our vast experience in long service awards has taught us that you should never wait longer than 5 years to express your appreciation, followed by periodic awards right up to the point of retirement.
Our vast experience in long service awards has taught us that you should never wait longer than 5 years to express your appreciation, followed by periodic awards right up to the point of retirement.
https://business.love2shop.co.uk/wp-content/uploads/2019/09/employee-long-service-600x350.jpg 350 600 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2019-09-02 11:53:452023-08-31 13:18:237 easy tricks to improve employee long service awards
https://business.love2shop.co.uk/wp-content/uploads/2019/06/birthday-cake-with-one-red-candle-picture-id1093554142-1.jpg 350 600 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2019-06-18 09:59:002023-11-09 13:15:02Service awards should start at one year. Here's why:
https://business.love2shop.co.uk/wp-content/uploads/2018/11/businessman-offering-cash-money-in-envelope-as-bribe-picture-id636083634.jpg 350 600 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2018-11-16 12:10:362023-08-31 14:30:54How much should you spend on years of service awards?
https://business.love2shop.co.uk/wp-content/uploads/2018/08/Loyal-Service-Awards.png 350 600 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2018-08-06 09:40:132023-08-31 13:49:59Forget the carriage clocks: Long service awards gifts your employees actually want
https://business.love2shop.co.uk/wp-content/uploads/2017/10/blog-long-service-awards.jpg 850 2200 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2017-10-17 09:58:272023-08-25 14:03:16Should you ditch long service awards in your organisation?
https://business.love2shop.co.uk/wp-content/uploads/2018/06/HowDoYourLSAStackUp.jpg 850 2200 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2017-02-21 15:50:292023-11-09 13:34:49How Do Your Long Service Awards Stack Up?
https://business.love2shop.co.uk/wp-content/uploads/2019/09/employee-long-service-600x350.jpg 350 600 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2019-09-02 11:53:452023-08-31 13:18:237 easy tricks to improve employee long service awards
https://business.love2shop.co.uk/wp-content/uploads/2019/06/birthday-cake-with-one-red-candle-picture-id1093554142-1.jpg 350 600 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2019-06-18 09:59:002023-11-09 13:15:02Service awards should start at one year. Here's why:
https://business.love2shop.co.uk/wp-content/uploads/2018/11/businessman-offering-cash-money-in-envelope-as-bribe-picture-id636083634.jpg 350 600 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2018-11-16 12:10:362023-08-31 14:30:54How much should you spend on years of service awards?
https://business.love2shop.co.uk/wp-content/uploads/2018/08/Loyal-Service-Awards.png 350 600 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2018-08-06 09:40:132023-08-31 13:49:59Forget the carriage clocks: Long service awards gifts your employees actually want
https://business.love2shop.co.uk/wp-content/uploads/2017/10/blog-long-service-awards.jpg 850 2200 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2017-10-17 09:58:272023-08-25 14:03:16Should you ditch long service awards in your organisation?
https://business.love2shop.co.uk/wp-content/uploads/2018/06/HowDoYourLSAStackUp.jpg 850 2200 Love2shop https://business.love2shop.co.uk/wp-content/uploads/2023/06/l2s-logo-340x156-1.svg Love2shop2017-02-21 15:50:292023-11-09 13:34:49How Do Your Long Service Awards Stack Up?To learn more about the benefits of long service awards, or for guidance on the best time periods to roll-out your loyalty rewards.
Please call our team now on 0330 333 1201 or click the button to get in touch.
