Successful businesses understand the need for recognizing employees. This may be as simple as establishing an employee of the month award or it may be a gala held every year to honor accomplishments, years of service, and more. With a wide range of corporate awards to choose from, finding the perfect item is a simple task. There are certain factors to be considered at this time, however, as sporting trophies typically aren't appropriate here. Following are some tips to keep in mind when choosing a corporate award for any occasion or event.

Did you know about 75 percent of organizations have an employee recognition or appreciation program?

This proves how seriously employers value the importance of acknowledging standout employees.

As an employee, earning a corporate award comes with a number of benefits.

For starters, recognition means you will catch the (often elusive) eye of the higher-ups, meaning you stand a good chance of getting a promotion or pay rise. It also earns you the trust and respect of your colleagues.

But how do you earn these corporate trophies in the first place? Keep reading to find out!

Is your company among the 25 percent that doesn't have an employee recognition program?

Or, is your company's recognition program not as effective as you would like it to be?

Regardless of whatever situation you're in, there is no doubt have an effective employee recognition program is a worthy undertaking.

In this article, we're going to discuss 5 reasons you should recognize or appreciate your employees through corporate awards.

Let's get to it!