Good news – the unemployment rate is at its lowest level in 10 years, and workers are staying at their current employer longer! According to the US Bureau of Labor Statistics 2014 Employee Tenure Report, years of tenure have increased over the past four years. The median number of years that workers have been with their current employer is 4.6 years, unchanged from 2012.
Celebrating a service anniversary is an exciting time for any employee. I admit I even get a little excited knowing that my ten-year anniversary is around the corner. How an organization chooses to celebrate the anniversary directly impacts the employee’s perception of the value the company places on them.
One challenge organizations can face is getting managers to deliver the message – the organization appreciates the employee’s dedication and career contributions – in a meaningful way. As a leader how many times have you received survey results about the service recognition moment with answers like, the box was left on my desk or my manager handed it to me in the hallway, shook my hand and went on their way? It’s happening more than you would like, right? Let’s be honest, those are not exactly meaningful moments.