Workplace Recognition and Incentive Programs

Motivation on a Budget

Posted on October 16, 2009 by Carl Bonura in Uncategorized

Many businesses find they aren’t just struggling with lagging revenue during the persistent recession. They also are forced to combat sagging employee morale. Here are some tips on how to keep spirits, and productivity, high.

  • Communicate clearly. Be accessible, address concerns with openness and transparency, recognize effort frequently and offer appropriate, small rewards.
  • Show employees respect and their value to the company. Find simple, cost-effective ways to acknowledge that they’re doing more with less, such as with an in-person thank-you.
  • Build career paths. Employees understand that raises, bonuses and training might not be in the picture this year, but nurture growth in other ways, such as with new assignments or projects to let them shine.
  • Remember recognition goes a long way. In the wake of Wall Street bonus scandals, incentive-based compensation is drawing more scrutiny, and moreover, hefty bonuses are not considered politically correct.
  • Recognize everyone — not just top performers. Recognizing employees equally shows that “Everyone is in it together.”