Cost Effective Ways to Reward Your Employees

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Cost Effective Ways to Reward Your Employees
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Reward your Team Member

• If money is not an issue, you probably will give
  your best employees raises and bonuses as often
  as you possibly can. However, this is not
  feasible in the real world. Budget and expenses
  will always be a concern in business operations.
  That does not mean, though, that you can no
  longer show your appreciation to your employees.
• There are several ways, apart from monetary
  incentives, on how you can reward and show you
  value your team members.

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• Here are some tips on how you can express your
  gratitude to your employees and motivate them to
  work harder

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Share Handwritten Notes

• Nothing beats thank you, greeting, and
  congratulatory letters you personally penned.
  Take time to pass on notes to your employees who
  may be celebrating their birthdays or any special
  occasion or performed well at work.
• This wont cost you a penny. Plus, everyone will
  sure appreciate a genuine note. Forget the gift
  cards. Even a clean sheet of ordinary paper or a
  sticky note will do long as youre sincere with
  your message. This simple gesture will go a long
  way to helping improve employee engagement.

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Host Events

• Whether its a simple tea or barbeque party, your
  employees will love taking few hours off their
  work to bond with the rest of the team.
• Having a break will allow your team members to
  relax and recharge, which is necessary especially
  on stressful work days. You wont have to spend a
  fortune for this and you can throw one anytime
  you prefer. No time-consuming preparations needed.

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Showcase Great Work

• Post names of your top performing employees for
  everyone to see. Show that you appreciate the
  hard work of your team members and that you are
  grateful for their efforts.
• A sincere handshake or pat on the back are
  welcome too. Maintaining a leaderboard at work
  where names of your best employees are showcased
  and regularly updated will help inspire others to
  do better on their job.

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Pass on Gift Cards

• Work-related or personal milestones should be
  celebrated. And it doesn't have to be lavish.
  Share gift cards to your employees to their
  favorite coffee or pastry shop. Or perhaps hand
  in tickets to an event they would love to go to.
• While you cant personally take your employees to
  an event or to a restaurant, a note and a gift
  card will work the same way as saying you notice
  and appreciate them.

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Give Them Some Time Off Work

• Everyone loves a break from the office. Allow
  your employees spend time with their loved ones
  or on other things they are passionate about.
• Reward them with a day off for their achievements
  and let them choose when they want to have it. Of
  course, assure them that this wont affect their
  pay check and they will still be paid on days
  they wont be in the office.

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Organize Trips

• Partner with an employee rewards company to help
  you organize travels with your team members. Take
  this opportunity to visit places or meet people
  relevant to your business.
• Dont hesitate to talk about expenses. Experts
  have ways to help ensure that company trips
  youre taking will make your employees happy and
  wont hurt your budget.

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Check these Out!

• Investing in your employees is investing in your
  business. Take good care of your team members and
  they will take good care of your business. Always
  take every opportunity you can (because it
  doesnt have to be costly) to show you value
  everyone in your team.
• Brought to you by Concierge Desk. Concierge Desk
  provides rewards and benefits program designed to
  be custom made for your companys employees or
  clients. For more info on customer service
  rewards program, check out https//www.concierged
  esk.com.auon