Forget flowers and chocolates!

Valentine’s Day is often recognised as a money-making scheme for retailers yet this doesn’t stop us buying cards, flowers and cards to show our loved ones their value to us. If we didn’t show our recognition at least once a year, they may not stick around! In a sense, the same applied to employees in the workplace.!

The power of the employee is growing and as such, loyalty is diminishing. It is in the interest of employers to make sure employees feel valued. Otherwise top talent may head towards a more appreciative employer.

Visionary organisations have jumped on the recognition band wagon creating various methods to recognise and reward staff. We have highlighted our top 21 ways to recognise and reward your most valuable asset:

21 ways to recognise and reward your employees

  1. ‘Employee of the month’ scheme

Depending on the organisations size, this can be weekly or monthly. It must be viewed as being fair and objective – using a recognition tool like Actus can help to  track which of your staff are attracting the most positive feedback from others.

  1. Certificate of achievement

This could be given to the Employee Of The Month and can be uploaded into a Performance Management System like Actus to keep an audit trail of achievements.

  1. Bring your pet to work day

Depending on the culture and size of organisation, employees could be allowed to bring their pet to work one day. Other ideas include ‘bring your child to work’ with mixed views on whether this constitutes positive recognition or not!

  1. Charity day

Some organisations allow employees to spend one working day volunteering for their charity of choice. Such initiatives demonstrate support for causes important to employees and also helps to contribute towards an organisations Corporate Social Responsibilities.

  1. Gift vouchers

For employees that love to shop, vouchers can be a simple way of rewarding an employee and allows them to choose a gift of their choice.

  1. Team events

Not only are team events a great way of encouraging team co-operation and communication, they can be fun too. Activities can include anything from paintballing to white water rafting, shopping trips to boat rides.

  1. Themed lunch

Host a themed lunch break, a BBQ, summer picnic or meal at a cosy winter pub. Research shows that employees will be more productive after taking a lunch break too!

  1. Peer-to-Peer recognition

Using a Performance Management System like Actus, employees can go into the system and show recognition towards colleagues for demonstrating certain values. This type of recognition is easy to conduct and free to do! Plus it provides an audit trail of recognition provided – helpful to managers when it comes to appraisal time.

  1. Conference trips

Choosing a  location for a conference such as a spa hotel, an exciting city or exotic location can allow employees to work hard and enjoy the facilities and surroundings too.

  1. One-to-ones

Managers should be holding regular one to ones with their employees and these can be focused on recognising an employee for their recent achievements. Sometimes just holding a quick meeting to say a big ‘thank you’ can be more personal and impactful. Plus, some employees won’t enjoy public displays of recognition.

  1. Dress down day

Dress down days can make employees feel more relaxed and possibly facilitate a more creative working environment, albeit for one day!

  1. Employee birthdays and work anniversaries

A team lunch, a signed card, a singalong with a cake are all small gestures that can make employees feel a value member of their team.

  1. Customer recognition

Putting measures in place that encourage staff reviews by filling out a recognition form can boost employees. Uploading them into a Performance Management System means they can be available at appraisal time/

  1. Flexible working or extra time off

Offering flexible working to an employee can be seen as a huge benefit and help them to achieve the right work life balance. One may argue that they may value the opportunity to do this far more than receiving a voucher.

  1. Special projects

Providing staff with the opportunity to work on special projects beyond their daily responsibilities will demonstrate your conference in their abilities. Ensuring that an employees workload is not too heavy is key otherwise this could backfire.

  1. Career development

Managers should be having career discussions with their employees to ensure that their career aspirations are being recognised as important in the eyes of their employer.

  1. Training opportunities

Employee recognition can be shown by offering employees the opportunity to participate on training courses which would help support them with their work and future development. By offering training, employees are likely to feel a valued member of the team and will want to perform well.

  1. Performance rated pay

Another way employers can recognise their staff based on performance. It can however be highly subjective.

  1. Awards ceremony

Usually this would be carried out at the annual Christmas party or conference and is a way of recognising an employee in front of the whole company. This approach could be loved or loathed depending on whether the individual minds being publicly praised.

  1. Office facilities

Some organisations may reward employees by treating them to office extras that create an enjoyable working environment such as a pool table, gym equipment or relaxation area. An example would be Google that took this to the extreme when they introduced the office slide!

  1. Social media

Tagging an individual in a post to recognise their achievements can be a quick and effective way of showing recognition. Peers may then comment and show praise in response – a popular tool with Millennials!

 One approach does not suit all

Above we have outlined 21 ways you can recognise and reward your employees for their hard work. Depending on the organisations size and culture different approaches could be more suitable. It is important to consider how the individual would wish to be recognised and rewarded. What’s great is that recognition can be shown in various forms with some of the simplest being the most effective.