How to Reward Employees for Great Work | Corporate Prize Ideas
Jul 1, 2021
Employees deserve to get rewarded for the hard work they do. These ideas provide a way to show them they are valued without breaking the bank.
Every business should have a plan to reward employees for great work. It’s a smart and fun way to show staff how much they are valued. It also goes a long way toward building a positive company culture, improving employee morale and retaining talented workers.
As important as it is to want to reward employees for great work, it’s even more important to consider how you plan to do that. Calling someone “employee of the month” and putting their picture on a wall is not going to get it done. People work hard. They deserve a prize that they actually want or can use.
Corporate Prize Ideas
The following looks at options to consider before launching a reward plan. The key is to give employees something they will find valuable. These seven ideas can get you going in the right direction.
There are no free lunches, of course. But this is a list of practical ideas, not a philosophical discussion. Free is one important component of this, with the company picking up the tab. Another important component is that it’s one of the best places in your area for lunch. No fast food unless it’s the only thing the employees like to eat.
Extra Time Off
If everybody’s working for the weekend, which they are, then having management give you some extra time off is a huge benefit. It’s time they can spend with family, friends or simply on the couch. Whatever the case, extra time off is always a welcomed gift.
If you have an office where people are having to park far away, then giving them a parking spot closer to the building is a nice prize. To make it especially worthwhile, give them the chance to park there for at least a few weeks or a month.
This speaks for itself. Money talks. You know the rest of the saying.
This is always a winner, as long as you pick an event the person wants to attend. Find out if they are a big fan of a local sporting team or orchestra. Maybe they love musicals, stage plays or art museums. Whatever it is, find the tickets. This reward also provides an opportunity for social media posts by the winner, giving both them and you a chance to shine.
If the employee loves snorkeling, hiking the mountains, rock climbing, ziplining, kayaking, etc., then paying for a weekend outdoor adventure hits the employee reward sweet spot. People who love doing this sort of thing can’t always find the time or money to get away. Give them the chance to do that.
There’s no such thing as a bad spa day. It’s something everyone should try at least once. If you want to give your employee something special they will always remember, a spa day is the way to go.
All these ideas for how to reward employees for great work will make your staff feel special and also won’t break the bank. Take the time to come up with fun ideas that your employees will love. That’s not only good for them, but also good for the company in the long run.