6 Ways to Reward Your Employees

The best managers in any organization are the supervisors who know how to get the best performance out of their employees without having them work long hours under a lot of stressful conditions. These are the managers who have learned how to motivate their staff to perform their best at all times. Also, since these managers actively listen to every individual that works for them, they can reward their staff with things that matter to them most. So, for those of you who want to learn some of the secrets to creating an awesome employee rewards & recognition system, here are 6 ways to reward your employees for doing a great job.

1.
Offer Flex Time Hours

If you have parents of small children in your
staff, the rewards that you offer these employees may differ greatly from
workers who do not have any children in their homes. This is because the
singles in your staff may favor earning extra money to using flex-time hours.
For instance, some parents that you oversee may prefer to work flex time hours
if they have a sick child. By flexing their work hours instead of taking
unscheduled time off, they do not have to be penalized for being out of office

2.
Award with Extra Vacation Time Off

Though some people can benefit from the extra
money that they can earn through any type of award system, others may prefer award systems that give them extra vacation
days. Because these vacation days can give them more time away from the office
to spend in Jamaica and other fun vacation spots, the extra vacation time is
just what some of your employees may need.

3.
Create Occasions to Give Out Challenge Coins

If you really want to motivate your employees
by giving them an opportunity to receive awards and recognition from your
organization, you can create occasions for employees to earn challenge
coins
. Since these coins are designed specifically for certain
events, these challenge coins can be very valuable to participants that possess
them. For instance, each type of challenge coin may have the brand of the
company and the special event engraved in gold or silver. In some cases, the
company may even sponsor challenge coins that are made of expensive 24 carat gold.
Whatever the case, these challenge coin events are an excellent way to reward
employees for a job well done. For example, for those employees who work on
large projects that earn the company large sums of money by getting new
contracts, the challenge coins are considered to be great ways to award an
employee.

4.
Recognition via Awards Presented Before the Group

Some employees work very hard on any task or
project that is assigned to them. In fact, because of their work ethics, they
rarely take time off or use flex time hours, even when they are given to the
entire group as a reward. Therefore, you need to implement an award system that
accommodates the needs and values of this type of employee, too. For instance,
this employee may be motivated by special awards that can be presented in front
of their peers and other members of an organization. This Is because these
special awards are often seen as the next step up to the career that they are
preparing for.

5. Buy
an Employee their Lunch

Another type of award or recognition that many
of your workgroups can easily appreciate is a free lunch or dinner paid by the
boss or the company. Buying an employee their lunch can serve numerous
purposes, including spending a little extra time offsite with the boss or with
the entire workgroup. In fact, a few hours away offsite eating with the group
is also a great way for everyone to socialize, relax and relieve stress.

6.
Reward Employees with a Vacation Package Away

If you want a hard worker to relax, you may
think about paying for their vacation away. Paid vacations will often ensure
the hardest workers in your group have a chance to relax and revive their
energies. These vacation packages usually pay for all of the expenses including
airline tickets, meals, hotel stays and virtually anything that gives them a
chance to get away in style.

Alex
 

Alex is a small business blogger with a focus on entrepreneurship and growth. With over 5 years of experience covering the startup and small business landscape, Alex has a reputation for being a knowledgeable, approachable and entrepreneurial-minded blogger. He has a keen understanding of the challenges and opportunities facing small business owners, and is able to provide actionable advice and strategies for success. Alex has interviewed successful entrepreneurs, and covered major small business events such as the Small Business Expo and the Inc. 500|5000 conference. He is also a successful entrepreneur himself, having started and grown several small businesses in different industries.