Employee reward systems have been around for decades, and it's easy to see why. When employee rewards programs are planned intelligently and implemented with care, they're a proven method of enhancing performance, increasing morale and building employee loyalty.
And the best part, for small businesses especially is that employee appreciation gifts don't necessarily have to be costly. The idea and the spirit behind employee reward systems — the mere fact that a company is singling out and showing gratitude toward employees who are doing a great job — can be as motivational as the material employee rewards that may be given.
Employee rewards can help you retain top employees, but other approaches help, too. Check out these great resources on employee retention.
Employee appreciation gifts
Here's a list of some of the popular employee appreciation gifts that small businesses may want to consider:
- Time off or extra vacation days
- A note or letter of appreciation from the company president
- Dinner (for two) at a local restaurant or a group lunch for an outstanding department
- A designated employee-of-the-month parking spot
- A photo and brief article in the company newsletter
- A press release to the local newspaper
- Inexpensive plaques or paperweights
- Special gear (T-shirt, tote bag, etc.) with the company logo
- Movie tickets
Be sure to download your free copy of the following resource guides to help improve your employee reward systems:
20 Easy Ways to Rock at Employee Recognition
30 Creative Ideas for Boosting Morale and Retention