Thanking and rewarding employees
Feeling appreciated is one of the most important sources of motivation at work, and it does not always require money. This guide helps you give genuine and specific thanks and build a fair way of rewarding people in your team.
You will need
- The team's goals and achievements
- The organisation's reward principles
- Information on the reward budget
- Notes on successes
Steps
Find out the organisation's practices
Ask HR which rewards are in use, such as one-off bonuses, performance bonuses or employee benefits. That way you avoid promising something you cannot deliver.
Give specific thanks
Thank people promptly
Find out how each person likes to be recognised
Use non-financial rewards
Reward fairly and transparently
Consider taxation
Make thanking a habit
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