5 Ways to Reward Employees Without Spending Money

1. Praisedoesn't have to cut into work time, either: arrange to
Often overlooked, praise is the simplest and mostget together one evening after work.
effective way to reward individual acts. Praise should4. Service
be specific. Explain what the employee has specificallyLiaise with local businesses to see whether you can
done well and why it matters to the company - notswap your services for credit. If you're an accounting
just "well done", but "You did a good job managingbusiness, can you swap a few hours with a style
Mr. Jackson's complaint this morning. You've justadviser? For the time it takes you to do her taxes,
created another satisfied customer who will bringshe gives you a set of one-hour sessions. Your
more business to us." Praise is more effective whenemployees would probably never think of "getting
it's delivered in public, so don't shy from praising yourtheir colors done", but they'll jump at the chance to
employees in front of others. Remember, though,have a style consultation for free. Or, if fashion isn't
that individuals aren't always the right target fortheir thing, why not barter services with a local
praise. If a group has done well, praise the team, notphysiotherapist so you can hand out massage
just the leader.vouchers to staff?
2. Time5. Status
Everyone wishes they had an extra hour or two inThere's nothing more galling to an administrative
the day. So why not give a top employee aemployee than feeling like a cog in a big machine.
well-deserved break? "Anna, it's great that you'veNext time you make a supplier visit, take your
finished the library job a week early. I'd like you to gosecretary along. He or she will probably enjoy
home early this afternoon." If you're worried aboutmeeting the people who only appear in email headers
productivity, schedule the time off for Mondayand on the telephone. You'll benefit, too: once she
morning or Friday afternoon.can put faces to names, you'll find that
3. Eventscommunications become warmer and more congenial.
People relax when they're out of the office. GettingIn sum, you don't have to spend money to show
your employees together for an activity off-site canyour appreciation for your staff. Recognition,
be a fun way for them to kick back and enjoy theunexpected breaks, get-togethers, unusual services
fruits of their labor. It doesn't have to be bowling:and signs of esteem go a lot further toward
you can go indoor-climbing, play theatersports, orapplauding your employees than a little extra cash.
even learn to make sushi together. If you don't thinkAnd they'll thank you for it, too - not just with
employees will stump up the cash to go, why not dowords, but with increased motivation and more
something free, like a pot-luck picnic in the park? Iteffective work.