Grow Your Business By Rewarding Your Employees

Do you know that 78% of workers work harder when their efforts are being rewarded?

The more you focus on acknowledging your employees’ hard work, the better chances you have keep them motivated and committed to your company’s mission.

But it’s tough to keep everyone happy, here are some ways to increase productivity and execution in the office.

Reward your employees

Nowadays, you need to have a well-thought recognition and rewards program. You can’t just guess what kind of reward you should give.

Today’s modern workplace is full of young employees. They have the energy and motivation to finish all their tasks in time, but if you don’t keep them interested, they will get bored fast. Big companies often prefers young employees because they bring in fresh ideas.

Teambuilding exercise is a great way to reward employees.

In order to keep them interested, you need to reward their efforts. You don’t need to reward them with money, instead reward them with free training courses, teambuilding sessions, and tickets to business conferences are events they’d love to attend. It’s a chance for them to make friends, build connections, and expand their knowledge.
 

Take note of their accomplishments

You should not reward accomplishments that do not benefit your business’ bottom line. Keep focusing on expressing your gratitude for things that actually matters. Appreciate accomplishments that contribute towards your business’ goals and strategies.

If you’re new to entrepreneurship, you should use your employees to determine goals as it is the perfect time to check on your priorities.

Victories matter, big or small

Usually companies prefer to reward those who achieve big wins. This gives the impression that your company only cares about big projects, and smaller ones don’t matter. It’s important that you stop your employees from feeling disappointed with themselves.

Celebrate smaller wins too. Show them you appreciate their efforts. When you pinpoint small wins, you are showing your employees that their efforts are being appreciated.

Leaders are team players too

One great way to increase productivity is to reward employees who work the hardest and stayed humble . Why does it matter so much to reward employees who don’t allow their egos to get the best of them?

Because it preserves a healthy, fruitful company work culture.

Reward employees with corporate travel?

Traveling for business purposes can be a reward. Most employees work 9 to 5 all weekdays. Since they don’t have time to relax, going on a short trip might be the best way to combine work with leisure.

Take your employees to a business conference, or a 2-day teambuilding event. This will show that you care about them, and in return they will feel more appreciated and committed to boost your company’s bottom line. They will also learn new skills and expertise.

Overall, it’s possible to increase production levels at the workplace. Just focus on rewarding employees. Do it every couple of months. It’s also a good idea to take them for a trip every 6 months, as it will cool them down but still stay connected.

Related articles

What You Need to Know About Employee Bonuses

How Incentives Can Lead to Unethical Behaviour in the Workplace

This Company Lets Its Workers Vote on Their Pay Raise

Hiring Giving You a Headache? You've found the solution! Register at AJobThing.com to access our recruitment services.