101 Super Effective Ways to Reward Your Employees

To all the bank managers in my coaching classes, THIS is a very nice resource to help give YOU some inspiration! We talk about methods to inspire and  increase your team’s productivity.  Well this is just a matter-of-fact list that will help do just that…

101 Super Effective Ways to Reward Your Employees

You have the power to dramatically increase worker productivity and loyalty. The best part is that there are many quick and easy ways to do it.

According to recognition expert Dr. Bob Nelson, 58 percent of workers report that they seldom if ever receive a “thank you” from their boss for a job well done. This is a huge lost opportunity. Why? Because employees perform better, are more loyal, have improved morale and decreased absenteeism, and are happier on the job when their bosses recognize their efforts.

According to a poll conducted by Maritz Research, employees who are recognized on the job are:

• 5 times more likely to feel valued
• 7 times more likely to stay with the company
• 6 times more likely to invest in the company
• 11 times more likely to feel completely committed to the company

There’s just no excuse for not taking the time to reward your employees for doing a good job. Here are 101 simple and effective ideas to get you started.

1. Personal handwritten note of thanks

2. Set up a brag board in the office

3. Wash an employee’s car

4. Serve lunch to your team

5. Have an after-work get together at a local restaurant

6. Starbucks gift card

7. Throw an office barbecue during lunch

8. Have a family day at the office

9. Magazine subscription

10. Bring in a masseuse once a month to offer neck and back rubs

11. Limo ride to the office

12. Ride in a hot-air balloon

13. Services of a personal chef for an evening

14. Gasoline gift card

15. Special name tag

16. Tickets for a baseball game

17. $50 cash

18. Upgrade airline ticket to first class

19. House cleaning service

20. Lottery tickets

21. Grocery store gift card

22. Karaoke party

23. Bouquet of flowers

24. Movie tickets

25. Day off with pay

26. Manicure/pedicure

27. Bagels or donuts for the office

28. Company stock

29. Afternoon at a local spa

30. Reserved parking space near the office front door

31. Supervisor for the day

32. Dance lessons

33. Serve coffee and refreshments to your team

34. Customized company T-shirt or jacket

35. Box of chocolate

36. Pancake breakfast

37. Hoagie day

38. Engraved brass plate at employee workstation

39. Humorous certificate of recognition

40. Hotdog eating competition

41. Dry cleaning service

42. Office decorating budget

Continue reading this article in its entirety: http://www.inc.com/peter-economy/101-super-effective-ways-to-reward-your-employees.html