Posted by Mickey Arledge on 7/31/2013 to
When it comes to incentivizing employees to continue exceeding expectations and giving their all, there are many ways to do it. You could give them a raise or bonus, a simple compliment, put a note on their desk, or use recognition plaques and employee awards to really impress them. However, money is one of the most common types of employee incentives. Although it is simple and convenient, it has some serious downsides. First of all, jealousy and bitter feelings might arise from one employee being given a bonus or raise while the others feel under-compensated. Although this is true for many methods of recognition, it can be easier when money is not involved. Plus, an employee is likely to forget about a raise or bonus at some point after cashing their check or withdrawing from their account. With plaques and awards, they are likely to hold on to (and remember) recognition for years to come. Finally, recognition plaques and employee awards show that you truly care and go the extra length to reward staff members.