FREE DOWNLOAD: BUDGETING YOUR SERVICE AWARD PROGRAM

Fill out the form to download your budget worksheet!

Figuring out how much to budget for each milestone can be one of the most challenging aspects of planning your employee service award program.

This worksheet will allow you to input the number of employees who will be hitting each milestone in a year and experiment with different award amounts to determine how much your annual program budget will be.

LP-DLS-Budget

Helpful Tips:

• Companies typically budget between $10 - $25 per year if possible

• Most organizations recognize milestones in 5 year increments

• Organizations with higher turnover may also choose to award for
earlier milestones such as 1 year and 3 years

• Try entering milestone information for the next 3-5 years to get a more
accurate view of what to expect long term and ensure the amounts
you budget per milestone will remain feasible