Rewarding Employees

5. Promote from within. This is considered to be one of the best ways to recognize and reward those who consistently demonstrate excellent work. Usually seen as the ultimate reward, it fulfills the successful employees’ needs for recognition, achievement, responsibility and personal growth. For those who are promoted, be sure there is also a tangible reward, like a raise, a better office or workstation, a better parking spot or maybe an extra day or two off. Such acts typically motivate others to work harder to receive a similar reward. To make an even better impression, formally announce the recognition, and send the recipients a personal note. And don’t forget–employees remember every promotion. So, put up your brightest smile and harness the power of recognition.

Works cited:

Cadrain, D. (2003). “Cash vs. Non-cash rewards.” HR Magazine 48(4), 81-87.

Robb, D. (2007). “A total view of employee rewards.” HR Magazine 52(8), 93-95.

Saad, L. (2010). “On-the-job stress in U.S. workers’ biggest complaint.” Retrieved from www.gallup.com/poll/142715/Job-Stress-Workers-Biggest-Complaint.aspx

Tatiana Chalkidou is currently a doctoral student at Oklahoma State University. She holds an MBA from the University of Leicester as well as a Bachelor of Science from the University of Athens in Greece. She has worked for the Athens 2004 Organization Committee during the 2004 Olympics. She can be reached via e-mail at tat.chalkidou@okstate.edu.

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Related posts:

  1. Rewarding Employees
  2. Rewarding Employees
  3. Protecting And Retaining Employees
  4. Mirroring Exemplary Behavior
  5. Creating Effective Managers

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