How to Reward Your Employees Like A True Boss

Rewards and awards for employees is a serious business and for good reason. Apart from retaining your loyal employees it will make them feel valued. Studies show that majority of employees cite lack of appreciation as the single most important reason that made them change jobs! So, you should learn the rope trick of rewarding your employees like a true boss and these tips will help you do just that!

Rewarding employees is slightly tricky because you have to keep them pleased while not breaking your budget.  Rewarding employees is not just about doling out neatly packed gifts with satin ribbons. Gifts have become more interactive than ever which combines material reward with recognition of good work.

Rewarding employees should be creative, memorable and interesting. Whether it is a paid vacation,  wellness retreats or a free entry pass to their favorite musical show- options are innumerable.  By fostering a friendly corporate culture, your business will have a better chance to attract the cream of the lot of candidates from the job market.

Employees are the biggest assets of any organization. Investing in them will pay you off in the long run. Think of an incentive system as reward instead of just a pat on the back.

#1: Thank you gifts

Whether it’s a personal email or thank you gift with a hand written note, these small gestures go a long way in keeping your team happy and cohesive. You can think of any gift item s like custom apparels, drinkware , tech accessories like wireless charging pads or speakers – to list a few. In the new normal world, UV light sanitizing phone case or no touch utility tools will all make relevant gifts choices that your employees will find useful.

#2: Flexible working Hours

Help your team to strike a balance between their work and life by offering the facility of flexi working hours. The freedom to fit work schedules around life commitments will enhance the loyalty of your employees and they will thank you for being considerate.

#3: Celebrate Milestones

Sending a card or a custom gift on the work anniversaries, birthdays or wedding anniversaries etc will brighten their day and your rating as a boss will go up manifold in their minds Set up a Google calendar  to make it easy to find when to congratulate your employees.

#4: Long Weekend

Once in a while you can offer the perk of an extended weekend by knocking off the Friday working day pattern. It will enhance the happiness index of the employees and will  give them enough time to recharge their batteries and to come back rejuvenated . This simple way can even make your organization one of the best places to work among the aspiring candidates!

#5 Food Parties

Nothing boosts office morale like great food. Arrange a great party in office or handouts food coupons of the favorite restaurant in town for your team. It will give them another solid reason for them to love their job and your office!

Need more tips? Watch this space for more gift ideas and promotional strategies. Also do share the post and spread the word across your favorite social channels