Ways To Reward Employees for Good Performance

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Ways To Reward Employees for Good Performance

When employees feel valued, your company benefits in numerous ways. From enhanced productivity to a positive workplace culture that reduces turnover, there are countless reasons why employers should make an effort to make employees feel seen, heard, and respected. As such, if an employee has performed exceptionally well, you should consider showing your appreciation. Below, we have listed some of the best ways to reward employees for good performance.

Give Them Some Time Off

After completing a challenging product or working extra hard, your employees are probably yearning for a bit of a break. As such, granting them some extra PTO can often serve as the perfect reward for their efforts. In addition to making them feel appreciated, giving your hard-working employees a few extra hours or days of PTO will also help prevent them from feeling burnt out. It’s a win-win.

Get Them a Gift

Another way to reward employees for good performance is to get them a gift. You don’t need to break the budget on something extravagant; even small items can help make hard-working employees feel more valued. Some examples of common employee appreciation gifts include desk decorations, gift cards to local restaurants or coffee shops, ergonomic upgrades for their workstation, or a nice bottle of wine. 

Provide Them With Public Recognition

A bit of public recognition can go a long way when it comes to making employees feel appreciated. Plus, it won’t cost you a dime. If an employee has been performing exceptionally well, let them know that their hard work hasn’t gone unnoticed. A simple shout-out during an all-company meeting, a blurb in the company newsletter, or some other public form of recognition will help employees feel more valued and motivate them to keep up the good work.

Get Personal

Few rewards are as meaningful or as memorable as a carefully crafted hand-written note. If an employee has gone above and beyond, consider taking some time to write out your appreciation for them. In the note, be specific about how their efforts have helped the company and how much you value their hard work. Doing so will surely make them feel more treasured in your company.