Here is how not to reward employees:
After graduating law school, I got a job at a law firm that was a bit suspect. The gig was fine, not great, and so I was surprised a few months later when the firm announced that it was going to have a holiday party. The first clue we had that something was amiss was that we were told that no spouses or partners were allowed at the party.
A few weeks later we all went to the party on, of all things, a Thursday afternoon at 2:00 p.m. Like I said, it was strange. But things got downright weird when the managing partner took to the microphone to announce that we all still needed to bill for the two hours we had been at the party . . . and so everyone thereafter went back to the office to work late.
The. Worst. Job. Ever.
So yes, there are right ways and wrong ways to reward employees. The important thing is that the right ways can pay big dividends as happy employees become loyal employees and loyal employees make for happy customers.
Here then are five easy, great ways to reward employees:
Here’s how it works: At no cost to you, the employer, your business can offer employees the option to buy life insurance, guaranteed. The policy is owned by the employee, even when they move on to different employment.
John says almost half of his staff takes advantage of the program and it is a win-win. “Employees love it because there are no medical tests, and it’s a valuable benefit, and they own it. I love it because it helps me attract and retain the best talent.”
You can learn more about how to offer this great benefit from John.
Letting people start work a bit late or leaving a bit early, or understanding that sometimes things come up during the work day, creates a cooperative culture. Your employees will appreciate and respect your flexibility, and that will in turn lead to loyalty and a happier work environment.
And note, it need not be free meals. If the budget is a little too tight to keep food in the office on a daily basis, consider bringing in bagels or donuts every week or two. Buy the staff lunch, grab coffee for everybody, etc.
So yes, there are many fun, creative things you can do to keep your employees happy and motivated, and, happily, they don’t even need to include working overtime.
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