Rewarding your employees is totally different from looking for ways to motivate them, though rewards can also motivate them. Rewarding your employees simply means giving them something for their hard work or being able to achieve a particular feat. What do you think is the best way to reward an hard working employee. I have seen some companies give their employee a raise as a means of rewarding them.
How do you reward your employees?
- Thread starter eldavis
- Start date
There are many ways a company can reward it's employees. Most common rewards are competitive salary, medical insurance and annual leave. Some companies give additional bonus to employees who perform well. Big corporations offer stock options for their management staff.
Offering bonuses is one of the best ways to motivate many employees. Moreover, raising the salary is also one of the best ways to motivate any kind of employee at any time.
There are many ways that we can do to provide rewards to employees, especially those who have worked hard, such as providing special training, providing opportunities to continue their education in tertiary institutions, raising levels or ranks, etc.
The ways employees are rewarded is based on the individual companies policies. There are some companies workers are rewarded based on their degrees qualifications. Thiscategory can be found in administrative offices. While in some companies, workers Are rewarded based on their level of expertise. That is, workers level of skills would determine his payments. This is found in production department.
I believe that one of the best ways you can reward your workers is by increasing their salaries once in a while and also paying their salaries promptly whenever is time
A one time bonus can be a great way to reward and appreciate an excellent staff. You can also loud their achievements publicly in company events and newsletters. Awards are also not out of place.
I think you should do this taking cognizance of what the staff would appreciate as an incentive and you should know it if you as a boss has a good relationship with your staff. For some, it could be bonus while for some, it could be a treat or some sort of recognition.
I can equally say that promotion is another way a company can use to reward their workers because anyone who is contributing actively, deserves to be promoted.
Yup bonus really improves motivation and it helps to get motivation I always love bonus and sometimes we get them monthly like the best worker of the month the bonus is small but it's still good
A bonus is a very good way to reward staff. You can also give an award as so many people would feel that excitement when given an award publicly. I would love an award as a reward.
