The Austrian theatre award Nestroy is presented annually in 13 categories. Since its establishment in 2000, actors, directors, designers and playwrights have been honoured with the prize. Following the example of the Nestroy, the Deutscher Bühnenverein created the German theatre award Der Faust in 2006. 

At the Volkstheater in Vienna, the Karl-Skraup-Preis was introduced in 1967 to honour outstanding members of the theatre’s resident ensemble.