Ever wished you could come up with ways to reward your employees and boost productivity? An employee rewards program is a great way to engage and recognize your employees for any effort.
Believe it or not, corporate rewards and employee engagement can have a profound impact on your bottom line.
Are you looking for new employee reward ideas to help you boost morale and profits? If so, you’ve come to the right place. Keep reading for eight ideas on how to reward employees.
1. How to Reward Employees: Gratitude Should Be Expressed in Public
When it comes to expressing gratitude to employees, doing so in public is often seen as the most effective way to go about it. This not only allows for others to see the recognition that is being given, but it also allows the recipient to feel appreciated in front of their peers.
Here are some effective ideas in rewarding employees to public:
- Give a public shout-out during team meetings
- Send a company-wide email highlighting an employee’s great work
- Congratulate employees on social media
- Give employees a glowing review in their annual performance review
- Announce employee accomplishments at company-wide events
Performance evaluations can be intimidating. If you’re doing employee reviews and you want to make sure it’s correct, just view here for more.
2. Give a Hand-Written Note
Giving a handwritten note is one of the most personal and effective ways to reward an employee. It shows that you care about them as an individual and are willing to take the time to write a message specifically for them.
A handwritten note can be short and sweet, or it can be a longer, more personal message. Either way, it will be appreciated and remembered.
3. Offer Time Off
Rewarding employees a time off is an effective way to reward them. This could be in the form of extra vacation days, paid time off, or even just a day or two of work. The key is to make sure that the time off is something that the employee can actually use and enjoy.
For example, if an employee has been working hard on a project, consider giving them a day or two off to relax and enjoy themselves. This will help them to come back to work refreshed and ready to tackle the next project.
4. Monetary Bonuses
One popular way to reward employees is with monetary bonuses. This could be in the form of a lump sum, or it could be tied to specific goals or milestones. There are a few things to keep in mind when using monetary bonuses as a way to reward employees.
First, make sure the amount is significant enough to be meaningful. A small bonus is not going to have much of an impact. Second, be clear about what the bonus is for. If it’s tied to specific goals, make sure those goals are clear and achievable.
Finally, don’t make the bonus a one-time thing. If you want it to be an effective way to motivate and reward employees, make it something that’s given on a regular basis.
5. Feature Top Employees in Your Company Blog or Newsletter
There are a number of effective ways to reward employees for their hard work and dedication to your company. One way is to feature them in your company blog or newsletter. This is a great way to show your employees that you value their contributions and appreciate their work.
Other ways to reward employees include offering bonuses, flexible work hours, and paid time off. Whatever method you choose, be sure to show your employees that you value their contributions and appreciate their hard work.
6. Cover Commuting Costs
If your organization has employees who commute to work, one way to reward them is to help cover the cost of their commuting. This can be done in a number of ways, such as offering a stipend to cover the cost of gas or public transportation, or providing a company car.
If you have the ability to do so, offer employees the option to work from home a couple of days a week. This will save them money on commuting costs, and it will be a huge perk that they’ll appreciate.
7. Offer Chair Massage
Consider offering chair massage as a reward to your employees. Studies have shown that chair massage can improve workplace morale and reduce stress levels. Massage can also boost cognitive performance and increase alertness.
If you have a limited budget, you can ask a local massage therapist to come in for a few hours on a slow day. Or, you can purchase a portable massage chair and set it up in a break room or common area.
Offering chair massage is a great way to reward employees for a job well done. This type of massage can be done in a matter of minutes, and it is a great way to relieve stress and tension. It is also a very affordable way to show your appreciation for your employees.
8. Schedule an All-Company Activity
There are many ways to reward employees that go beyond the traditional financial compensation. Recognizing and rewarding employees for their contributions can go a long way in building morale and maintaining a productive workforce.
This can be something as simple as an after-work happy hour or an afternoon off to enjoy a group activity. Celebrate employees’ personal milestones with a card, cake, or another small token of appreciation. Allow employees to lead a project or take on additional responsibility to build their skills and confidence.
Give employees some control over their work hours to accommodate their personal needs. Encourage employees to give back to the community by offering paid time off for volunteering. Provide employees with the opportunity to attend conferences or take courses to further their professional development.
Leadership Development Opportunities
Employees are the lifeblood of any organization, and their performance is essential to its success. Leaders should therefore be constantly thinking of how to reward employees for their hard work and dedication.
If you enjoyed this article, please check out more of our blog posts.