05/05/13
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Awards are tokens of appreciation, which are given to individuals for
their achievements. It can be called as symbol of recognition to an
individual for their personal achievements by an organization or a
group of judges.
Rewards on the other hand are also recognition but it is a kind of
acknowledgment to an individual’s contributions. Rewards can also
be said to be an encouragement to an individual.
Awards can come in form of medals, trophies, certificates, badges
and cash whereas Rewards most of time is associated with money or
a promotion or like that.