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Incentive Award

Award programs are programs implemented and observed in organizations such as schools, offices, government services and the military. They seek to give recognition to individuals who did not just perform the duties expected of them, but performed their tasks in exemplary fashion over a specific period of time, contributing greatly to the success of the organization and the attainment of the goals set by the management. This type of reward system in practice in society is one of the oldest and most commonly used forms of recognizing excellence and outstanding achievement.

Individuals are exposed to award programs as early as their first year in formal education, as schools honor outstanding students who showed the highest aptitude in a subject or field of study. Awards are also given to those who excelled in extracurricular activities that gave the school honor, such as victories in sports or athletics meets, journalism, theater, or subject specific competitions like math, English and science contests.

Even after graduation, there are still many award programs offered to individuals. In the workplace, whether in private companies or public offices, awards programs abound, even in the military where bravery and loyalty are rewarded with medals of honor and other financial incentives.

In the office setting for instance, there are many different kinds of categories for the awards given to deserving employees. Dedication and loyalty is rewarded while there are also other major awards like the 'Employee of the Year Award' where outstanding annual performance is recognized.

There are numerous manufacturing companies all around the world, some of them present even on the information highway, that specialize in the production of different employee awards. Awards given during awarding ceremonies vary, from the very affordable lapel pins and tie-tacks to the more expensive rings and high-end watches.

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Award Programs are programs implemented and observed in organizations such as schools, offices, government services and the military.

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