Different types of awards given to recognize achievement and the percentage of companies using a particular award.
Nearly all companies responding to a Bureau of National Affairs Inc. survey use prizes to reward performance or achievements ranging from service milestones to productivity. Among the companies that have an award program, here is the breakdown.
Letter of recognition
Plaque or trophy
Vacation or cruise
Watch, pin, or jewelry
Choice of gift items
Source: The Bureau of National Affairs Inc., Personnel Policies Forum survey, 1987