Every company in all the sectors in the economy has come to embrace the art of rewarding their employees in their areas of work. This has been a unique way of keeping the staff members motivated and focused towards achieving the goals and objectives of the organizations for which they work. A lot of methods have been used by the companies to reward the employees, especially those who have been outstanding in their performances. Some of the strategies have been common to most of the organizations while some have been customized to the specific companies, depending on the culture and the policies of those organizations. However, most of them have been cordially accepted and implemented by the companies for rewarding hard work of their employees. Below are some of the common strategies that these organizations use to appreciate their exemplary performers.
Lunch with the CEO
It is quite unusual for the companies’ presidents to hold social gatherings with their junior employees. This is due to a lot of factors, one being the nature of work that is bestowed on these leaders. They barely have enough time that they can spend with the junior employees. However, whenever they want to appreciate some of the company members who have shown some exceptional zeal in their places of work, it would be prudent for them to spare some few minutes to spend some time during a lunch break with them. This would make them feel that their work has been appreciated and consequently motivate them to get even better.
DJ of the day
Sometimes there could be circumstances when the company as a whole has performed tremendously, maybe by achieving their annual budget. As the owner of the company, it would be prudent if you organized some event that would involve all the employees of the organization, whereby they would spend the day having fun, but still within the company’s premises. An ideal idea would be inviting a DJ to come and “spoil” the employees with the music of their choice. This would bring a refreshing spirit into the entire organization and enable them to focus on their goals towards achieving the next budget.
Team Building Events
These events are almost similar to the “DJ of the day” events, but now for the team building, the events are held outside the organization’s premises. They also incorporate various activities other than just the music. These activities could be sports, and other co-curricular activities that are geared toward refreshing the minds of the employees and enable them to focus on their work when they are back to their offices. The team building events also allow the employees to share their experiences, professional and social, with each other.
In companies where a lot of professionalism is required, the organizations tend to offer sponsorship to the employees so that they can sharpen their skills and knowledge. However, these opportunities are never enough for every staff member of the organizations. The senior management of these firms should design a program that would target the best performers in the organizations to get these scholarships so that they can continue to polish their skills and performance.