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Good Ways to Reward Your Staff Without Money
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Rewarding staff for good work not only boosts their confidence, it also encourages more of the same attitude. However, sometimes putting a monetary value on their reward seems inappropriate, especially if they’ve done something that could be deemed priceless
Often, people appreciate the thought and effort that has gone into a gift more than its actual monetary value. Here we give you ideas on how you can say a big “thank-you” or “well done” without handing over cash.
It’s the small things…
It doesn’t always take a grand gesture but doing something very small can have a big effect. Ask their closest colleague what their favourite chocolate is and leave a bar of it on their desk for when they arrive with a post-it note saying “Well done!” Or you could buy something that brightens up their desk such as a potted plant or photo frame.
Reward them with time…
Give them a well-deserved lie in one morning or perhaps an early Friday finish; time is the most precious thing you could possibly give someone. This one is for the parents in your team – tell them to leave at 3pm to go and fetch the children from school. It might seem like a minor luxury to you but it will mean a lot to them.
A group effort…
Sometimes it’s been a team effort that has had brilliant results and so picking only a couple of people to reward seems too difficult. There are companies that offer team building or rewards from the office such as office chair massage or group yoga. This is a fun, relaxing and hugely beneficial way to reward your staff whilst they’re in the office.
Take them with you for the day…
This is a great choice for someone who you know is looking to make the next step on the career ladder; perhaps someone has his or her eye on a promotion. Let them accompany you to meetings and appointments for the day or you could even organise a couple of introductions to key customers. We can assure you that they will really appreciate you taking the time to “show them the ropes” because it demonstrates that you have great faith and fully support them in reaching their potential.
A grand gesture…
Perhaps at the end of the year you wish to thank your team for their hard work throughout the past 12 months. Other than a traditional Christmas bonus, there are ways you can say a big “thank-you” to everyone. You could organise an all-expenses paid winter ball and invite them to bring along a guest OR you could choose a luxury gift hamper for each member of staff.
We hope this has given you some inspiration; it truly is more about the thought that goes into the reward rather than the value of it. Remember – rewarding staff increases their productivity, engagement and loyalty, and it often creates some healthy competition within the workplace.
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