What Are Service Milestones?

Service milestones are essentially work anniversaries, or an employee reaching a certain number of years or months of employment. These milestones are often celebrated with awards or other recognition.

What Are Examples of Years of Service Awards?

Service awards are typically larger or more expensive than your average birthday gift. They’re meant to show employees gratitude for a whole year of effort at the company. But that doesn’t mean there’s one right answer for what awards are best. Examples of years of service awards include but aren’t limited to: Monetary rewards, Concert tickets, Certificates or gift cards, Electronics, Quality swag items. The important thing is to provide items and experiences that your employees actually like and want. Thanks to Amazon Business and our other rewards partners, Awardco offers access to the world’s most extensive rewards network.

When Should You Recognize Service Milestones?

It depends on your company culture, but common milestones include 3 months, 1 year, and 3 years of service. Other significant numbers include 5, 10, and 15 years. At Awardco, we use our Lifestyle Spending Account system to offer better rewards each and every year an employee stays with us. It’s all up to you and your team. Whatever milestones you want to highlight, Awardco will have you covered.

Why Are Service Award Milestones Important?

Service award milestones are a way to say 'thank you' to employees for their contributions and show them that their hard work and loyalty are valued. Recognizing service milestones is an engaging way to boost morale and employee satisfaction. Employees are the folks who keep the engine running, so it’s essential to acknowledge the value they deliver to the company.

Can Employees Choose Their Own Service Award?

Some companies offer employees a choice of awards or recognition. With a rewards and recognition platform like Awardco, organizations can customize their service awards so employees have the power to choose their gifts. This approach creates a positive, simple, and memorable reward experience.

What Best Practices for Providing Service Awards?

Deliver impactful service awards by following these best practices: Tailor awards: Make sure the reward reflects the employee’s preferences and interests. Gradually offer better rewards for longer tenure, as well. Celebrate in a timely manner: Recognize milestones promptly to show appreciation. Be respectful: Choose a celebration style that suits the employee’s comfort level. Reinforce company culture: Use awards to highlight and promote company values. Integrate awards: Make service awards part of a comprehensive employee recognition program for year-round motivation.

Employee & Sales Incentive Software

powerful incentive programs

Fuel your incentive programs.

Incentives are just another form of recognition and rewards, but they don't always have to involve a peer or manager. In fact, wouldn't it be nice if employees took ownership of their own incentives? That's exactly what Earn programs are—and they are customizable to your organization, your goals, and your budgets. Did your employees just go through safety training? Offer them ten points. Hit a quarterly goal? Earn 50 points. Wellness goal? Points.

Automate your Sales Incentives

Sales incentives your team will love.

Pre-selected rewards for sales incentives are great—but when your team doesn’t feel motivated by the reward, they’re not effective. Through Awardco’s partnership with Amazon Business you can offer your team the power to choose, easily manage several programs, and even offer your team the power to EARN their own rewards.

Offer your sales team
the power to choose.

What happens when your reward is a 4K TV and everyone already has one? Auctions and reselling rewards. Say it with us: “Goodbye Craigslist and eBay.”

Boost sales
team engagement.

You know your team better than anyone, so create and promote curated catalogues with items they'd like as prizes. It’s never been easier.

Take back your day,
focus on sales.

Managing sales incentives takes a lot of time. But it doesn't have to. Simplify and save time with all-in-one program automation and Awardco Earn.

Get a Demo

Custom incentive programs

EARNestly Flexible

When you want to highlight or encourage behaviour in your employees, create a custom Earn programme. Set eligibility based on meta data that you select (like department, location, etc), then promote and reward that behaviour as employees earn rewards for participation.

And if you need to spin up a programme quickly to start gathering data or increase adoption, Earn programmes are about as “on-demand” as you can get. Track compliance or incentivize survey completion (or any number of things) in as little as ten minutes.

Self-Directed rewards & recognition

Leader Guided, Employee Driven

Once employees have completed the task you've encouraged with an Earn program, claiming their reward is just a click away. All they'll need to do is log in, claim the reward, and BOOM! They've got some points for participating.

Fun fact: you can even help employees take further ownership by letting them claim points for their own goals. Set up a wellness or fitness program with different goals for each individual, let them show what they did to improve their wellness. Earn programs make it simple.

Reduce Administration Time

Automation for Time Savings

Awarding points and managing incentives with Earn programs is as easy as one click (seriously, it is). Did you just create a survey and create an incentive program for employees to participate? Sweet. With just a click you get the awesome data you've been stressing over and they get that new-fangled toaster with infrared toasting they've been eyeing. It's a win-win!
‍
Your time is precious so we want to give more of it back to you. Use Earn programs to take care of all the mundane (but mandatory!) tasks that eat up so much of your time so you can take care of more important things: your people.

Simple incentive programs

Easy as Pie

We don't know why pie is considered easy (crust lattice, anyone?). But we know it's easy to eat, so maybe that's it? In any case, incentivizing employees to take charge of their own personal and professional progress has never been easier—or more rewarding.

Frequently asked questions

What Are Employee & Sales Incentives?

Employee and sales incentives are rewards or benefits offered to employees to motivate them to achieve specific goals or objectives. These monetary or non-monetary incentives are often tied to performance metrics like sales, productivity, or customer satisfaction.

What Are Examples of Employee & Sales Incentives?

Common types of employee and sales incentives include but aren’t limited to:

Cash bonuses: Monetary rewards based on performance

Commissions: A percentage of sales revenue earned by the employee

Gift cards: Prepaid cards that can be used to purchase goods or services

Merchandise: Physical products or items awarded to employees

Experiences: Trips, vacations, or other unique experiences

Promotions: Advancement to higher-paying or more prestigious positions

What Is an Employee & Sales Incentive Platform?

An employee and sales incentive platform is a software tool designed to motivate and reward employees. It usually includes features like point systems, gamification, leaderboards, and customizable rewards to encourage higher performance and engagement.

What Are the Attributes of a Quality Incentive Plan?

A good incentive program isn’t just about rewarding the top dogs. It’s about making everyone feel like they’re valued and appreciated.

And let’s be honest—no one wants to work in a cutthroat environment where everyone’s out for themselves. A healthy incentive program should bring people together, not drive them apart. That’s the key to motivating your sales team.

What Is an Example of a Successful Incentive Program?

Leveraging Awardco, WOW! mobile boutique implemented an employee recognition and incentive program that boosted sales, productivity, and retention.

The program offered personalized recognition and rewards to employees based on their performance and contributions. Employees received points redeemable for a wide range of rewards, providing flexibility and appeal.

As a result, WOW! mobile boutique saw a:

120% YOY increase in performance

30% decrease in YOY attrition

10% YOY increase in employee engagement scores

How Do You Track & Measure the ROI of an Employee & Sales Incentive Program?

An incentive software program like Awardco enables you to track all of your metrics. Because, after all, what’s the point if your incentive program isn’t producing results?

Tracking KPIs like the following can help you assess the incentive program’s ROI:

Incentive participationIncentive payout Number of qualified leads per monthAverage time for conversion

Employee & Sales Incentive Platform

Incentivise anything & everything.

Employee Incentive Programs for All