How to Reward Your Employees for a Job Well Done
With the holiday season in full swing, many companies might be looking for a way to give back to their employees. But the truth is, you should be doing all you can to reward employees for their hard work throughout the entire year.
Here are some ideas you might consider as you search for ways to show your appreciation to your team:
• Verbal praise. It’s simple, not over the top, and yet incredibly effective. People always love to hear from their superior in person that they’re doing great work. It boosts morale, it encourages excellence and it’s simply good for business. When someone is doing their job well, tell them! Never forget this basic rule; praise in public, criticize in private!
• Personal emails. For another quick and simple thank you, shoot out a personal email just saying that you appreciate your employee’s work. It takes just a few seconds, but can make a big difference in your employee’s mindset. If you want extra mileage, copy their supervisor and co-workers.
• Introduce a rewards system. A slightly more complicated yet more systematic approach to rewards would be to create some sort of hierarchical system within your office. People could collect points for achieving certain tasks, for example, which they could then redeem at the end of the month for various prizes. Just make sure it is of value, not something you want to get rid of. Lastlyu, get everyone involved in the selection of the rewards and the recipients.
• Have parties. Every so often, reward your team with a night out, or an afternoon off for food and drinks. Something fun that allows people to get out of the office and enjoy themselves and that shows you appreciate the work that they do for you on a consistent basis.
• Grant additional responsibilities or opportunities. This isn’t a reward in the sense that it’s financial or some nifty gift, but in certain situations, you might consider a person who showed exemplary performance for a role that expands on their responsibilities or opportunities. Not necessarily a promotion, but you could give them more room to grow and eventually advance. This shows the employee that not only do you appreciate their work, but you trust them to try new things and succeed in them as well.
These are merely a few ideas that can help you to reward your employees. Talk to us at Viral Solutions for more tips on employee management.
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