The employees in your business play a crucial role in ensuring that your business runs smoothly and that things operate efficiently that you earn money and keep the business afloat. Their roles are very important that it is just right to give them the recognition they deserve and reward their efforts. Giving rewards to employees may be a bit tricky though. What is enough, what is too little and what is too much? If you’re unsure about how to reward your employees then read on.
One of the best ways to give rewards to your employees is by giving them gift cards. This is the best and safest way of giving a gift to your employees. Gift cards remove all of the guesswork out of gift-giving. You won’t need to agonize whether something you bought will be liked by your employees. And it’s going to be appreciated more by your employees compared to, say, chocolates or flowers.
Another way of removing the guesswork out of giving gifts to employees is by actually making them choose what they want as a reward. This works best if you have an incentive program in place in your company. For every incentive level offer different reward options to accommodate all of your employees. As the employee reaches each level, he can choose to cash it in, so to speak, and get the reward for that level or he can opt to continue working on the next level (or levels) so he can get a better reward choice. This is an ideal way of rewarding employees with the stuff that they actually want.
If you prefer not to give actual physical gifts to your employees there are still ways of rewarding them. For example, you can give special privileges to your employees as a form of reward. If an employee exceeds sales targets you can reward with him with such non-tangibles as getting an upgrade in his pension plan, a free membership to the corporate gym or even permission to use the parking space of one of the top guys in the company for a few weeks. The trick here is that the rewards may not have any kind of value but it is still appreciated for what it represents.
Of course, praising the employee or a department for a job well done is always appreciated. Any person who works in a company or a business establishment craves recognition for their efforts and praising them in public is a great way of motivating them. Remember though that just praising employees is not enough. You still need to give them a form of reward to really drive home the point that you appreciate their contributions to the company.
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