The art of rewarding employees

What’s the best way to reward those employees who go the extra mile, particularly when it’s not always feasible to give large financial bonuses? According to author and “recognition expert” Dr. Bob Nelson, the most effective employee rewards are also the least expensive. 
September 23, 2013 |
Steven Burns

Editor's note: This is a sponsored article. All text and images were provided by the sponsor company.

 

What’s the best way to reward those employees who go the extra mile, particularly when it’s not always feasible to give large financial bonuses? 

According to author and “recognition expert” Dr. Bob Nelson, the most effective employee rewards are also the least expensive. 

In the vast majority of cases, he thinks a simple and heartfelt verbal or written thank you will make people feel appreciated. The reward can have extra impact when it’s accompanied by inexpensive perks such as gift cards, discount restaurant coupons, gas cards or a paid afternoon away from the office.

Personalizing the rewards by finding out what motivates your employees can make a huge difference. 

Here are Nelson’s five secrets of recognizing and rewarding employees: 

1. Be quick. Recognition is most effective when it is closely linked to the behavior being rewarded. 

2. Be specific. It’s important to point out the specific behavior being rewarded, and to explain why you appreciate it. 

3. Be personal. To build trust with your people, it’s best to convey praise in person and publicly, in front of the employee’s peers, whenever possible.  

4. Be sincere. Don’t fake it when recognizing employees. Be sure your thanks are sincere and from the heart. 

5. Be positive. Focus on the positives, and save negative feedback for another occasion. Don’t thank someone and immediately follow it with a “but,” as the employee will discount everything before the “but.”  

Read more from Inc. 

Editor's Note: This is sponsored content

Steven Burns | The Business Behind Design

Steven Burns, FAIA spent 14 years managing the firm Burns + Beyerl Architects, and during that time the firm’s earnings grew at an average rate of 24% per year. After founding his own software company, Steve took his management expertise to BQE Software, where he is refining their business strategy and product development for the company’s groundbreaking project accounting solution, BQE Core.

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