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Rewarding Employees

The world is full of people going to work, creating work, doing work and employing others. If you are a leader in a business, you have employees who look to you for rewards, words, and respect and even appreciation. If you find that rewarding your employees is something that you have to work at, I have compiled a few tips and ideas for you to use in understanding and offering rewards to your employees. 

For the largest of companies to the smallest of companies, a wall or just a section of a wall that is open to the public that displays the employees name and their specialty or skill is often a great way of rewarding employees. There has to be some type of achievement level that brings employees to this level of getting their picture on the wall, but this is something that gives other new employees something to work towards. 

During special times of the year, give your employees a short note, telling them exactly what you found they did outstanding this year. When you acknowledge that the employee did something well this year, they are going to realize that you do pay attention. This doesn’t cost anything but a little of your time, but is well worth the investment as many employees want some type of knowledge of a job well done. 

What types of rewards will employees appreciate? 

Make it a point to know what your employees are doing. Sit with them at least two hours every six months just so you know what is going on and what an employee is responsible for. Sometimes you may not realize how much is added to a persons responsibility when you are not in the day to day of their task situation. Talk about what they do, and let the employee express any concerns or needs about their daily job. Communication is a big reward that you don’t realize happens until after the meeting is actually over. 

Rewarding employees does not mean that you have to give cash all the time. It could be in other forms, such as in comfortable desks, chairs, computers, phones and carpeting in their offices that does make a difference. If an office is outdated, the employee feels as if they are not ‘good’ enough for a better environment. Making their office better, is investing in your business space, while rewarding the employee at the same time. 

What are the best ways to reward employees? Giving money that they can spend is always at the top of their list. Benefits such as a cellular phone, a company car and a lap top computer are others. Recognition of a job well done is another form of reward. Giving employees a portion of the business shares, or stocks is another method of rewarding top employees. Freedom, time off, or flexible lunch hours is another form of rewarding employees who are doing a great job. Fun and prizes are rewards that can be given at any time of the year when an employee really does something out of the ordinary that is beneficial for the entire business. 

Tickets to the movies, clubs, or gift certificates give the employees freedom from the business but fun at the same time that they can enjoy without having to think about work. Employees’ value free items and will work to get your attention by doing even a better job next time. 

Don’t forget that what your employees want to hear you say those words “Good Job!”