Abstract Background Many academic institutions recognize contributions to individual departments by awarding faculty departmental awards for their achievement in service, teaching and scholarship. Before 2019, our department had teaching awards chosen by residents, but there were no awards given to the faculty by peers for academic accomplishments. The objective of this abstract is to present the impact of the newly implemented departmental awards on the promotion and academic advancement of our faculty. Design Based on the already established awards in other departments within the School of Medicine a committee of six faculty members proposed six annual awards: Educator Impact, Outstanding Service, Outstanding Citizenship, Mentoring, and Basic and Clinical Science Publications. The committee defined activities and eligibility for each award category (for example, faculty could not receive the same award within 3 years). The categories and eligibility criteria are distributed to all faculty (around 120) each year. The first call for nominations occurred in 2019. Assessment of the awards program included the number of nominators and nominees each year and the impact on recipients’ academic advancement and recognition. Results In 2019, 17 faculty nominated 16 other faculty for the six awards. These numbers grew steadily, and by 2023, 42 faculty nominated 28 other faculty for the awards. The awards have been included in the curriculum vitae of five faculty who have been promoted to either the Associate Professor or Professor level and six faculty inducted into our institution’s Clinical Distinctions program. During the five years this awards program has existed, two faculty received two awards in different categories, whereas the remaining 26 awardees each received one award. Anecdotes from faculty during this time have been overwhelmingly positive. Conclusion Based on the increased engagement of faculty nominating their peers and the overall impact of the awards on faculty promotion and clinical distinction recognition, the new departmental awards program has been very successful.