Now that everyone from K-12 to grad school is hitting the books (or iPads) again, it’s time to brush up on your employee recognition know-how. We all remember the dreaded “pop quiz”, but no worries – you won’t be graded on this one.

1. Which of the following is an appropriate occasion for recognition?

a) Service anniversaries
b) Perfect attendance
c) Going the extra mile
d) All of the above

Answer: D. Any occasion (or even a non-occasion) is a good time to show employees that they’re appreciated. Consistent recognition, including unexpected rewards, boosts employee morale, engagement and retention.

2. Which type of incentive is more effective and economical?

a) Cash awards
b) Non-cash awards

Answer: B. According to the Incentive Research Foundation, a company with a cash-based program has to spend 12 cents to achieve one dollar in incremental profit. In a program using non-cash awards, the investment is a mere 4 cents for every dollar of incremental profit.

3. Why do good employees leave their jobs?

a)Poor compensation or lack of rewards
b) Not enough support or recognition from management
c) Excessive hours and lack of work/life balance
d) All of the above

Answer: D. The good news, though, is that all three reasons can be corrected by positive changes to corporate culture and increased employee engagement.

4. Which recognition provider makes your job easier and more fun, offers outstanding service and gift selection, and does it all simply and affordably?

There’s only one answer: Award Concepts. Give us a call today and go to the head of the class!