Corporate awards are used for various other reasons other than the above mentioned few. They are great for sales goals, decreasing attrition, to boost public relations and directly improve the productivity of the company.

However, if you are new to corporate awards then it is recommended that you plan it out in a systematical way.

There are many questions that you need to ask yourself and when you have the answers to these questions, you will be in a better position to judge how and when to give these awards.

Things to consider

How many times in a year do you give out corporate awards? Is it once a year or twice?

There are companies who give out corporate awards quarterly as well. The awards can be in sync with your company's annual dinner or function.

You can also plan them after the company's best sales time. Most companies have a reward and recognition post Christmas and New Year. This is the time when the sales teams and other teams have to work really out of their skins to meet targets.
Another important aspect is how and what you want the awards to represent. You certainly want it to stand out and give a correct picture of the hard work behind it.

Custom awards are the best

It has been seen that custom awards invoke the best responses from employees. They always prefer an award with the company logo and highlighting their achievements rather than a plaque with a random message.

So look for custom corporate awards. There are several companies online who sell these awards.