I think many on here are acting like awards are as long as a session. If they take any longer than 30-45 minutes after the conclusion of the session, that is a poorly run meet/awards ceremony (host gym should do better). If sessions are packed such that there is no breather/buffer time in between for attendance of awards, breaks, etc., that's a meet that's taken too many registrations (also a parking nightmare). One lone coach for multiple teams/sessions at a meet is also an issue - both for things like this, and for reasons like what if a gymnast gets injured mid-meet...I can see if there is only one or two gymnasts in a session one is enough, but for a larger team like compulsories it's not really ideal. You guys are really comfortable w/ only one overworked/sleep deprived coach at a meet for a team of gymnasts?
Awards don't indicate how your gymnast did. Awards and placements indicate how their competition did.
Awards do not tell the coach how their gymnasts did. They already know. They are there with them day in and day out. She knows that little Suzie had her best meet ever with a 32. She knows that on Monday they will be working endless beam dismoubts because 1/2 the girls fell on the dismount. The coach has already hugged, high-fived and talked to the girls about their perfornance - and will likely do so again in the gym on Monday.
Awards may not last as long as the meet, but can go on forever, especially at compulsory competitions that place 100%. 2 flights, 12 girls per group works out to 96 little Level 3s. 4 events plus all around means 480 medals. 480 little girls getting up and down, saluting, picturs, etc. If you have a better way, then I guarantee that your HC would love to out you in charge of awards at a home meet.
As for having extra coaches so that one can stay for awards, that is something you have to weigh the importance of. costs will increase and coaches will be worked harder, possibly leading to burn out and coach turn over.
Meets (at least where we compete) have to provide a designated medical provider. If a gymnast gets a rip, pulls a muscle or, God forbid, is seriously injured, that specialist is in control, not the coach.
In my experience, volunteering at 9 meets, most gyms send 1 coach for each flight of girls, particularly in the lower levels, certainly it is very rare to have 2 coaches at a regular meet for 3+ girls. I definitely would not want to pay the kids of fees that would go with that.
It is great when coaches can stay for awards, but it is a nice surprise, not an expectation.