In the past few decades, there has been a great revolution in the way the management deals with and trips its employees and staff. Gone are the days when corporate homes considered it a favor to the employees to have them work with their company. In present times, there has been a paradigm shift in favor of the employees. Every corporate house tries its best to make its working environment rewarding and the job profile lucrative for its staff. Tremendous efforts are made to retain competent staff and increase productivity through a healthy work environment.
The top management has to make a commitment towards the corporate gift programs and make financial allocations towards its implementation. The procedure generally involves the human resource department assisting the employee representatives form a corporate gift program. The elements of the program are formulated and decision is taken on the type of non-cash gift programs that would be included. The employee sympathetic gift program is also formulated and expression of sympathy in the form of flowers or cards is made when an employee sufferers bereavement.
The budget allocations for different programs are made based on the funds available and are clearly stipulated in the program. This program involves the empowerment of supervisors in various departments to host celebrations to honor employees for exceptional performance in service. The employees are awarded and felicitated in the presence of their peer and superiors, and this practice helps improve employee morale. This program is very successful in most organizations since it is configured using the employee inputs and so it has open feedback channels. The employees feel acknowledged, motivated and celebrated. This practice would indirectly improve employee performance and create healthy competition within departments.
This practice has been shown to improve communication and create a supportive work environment in a company.