Monday, 12 December 2011

Is Your Reward Relevant?

Santa Trophy
Regular readers will know that I believe we need to let people in our team (including suppliers, customers and family) know how much we value them and their contribution.  Too often we just assume they know we appreciate what they do. As you get in the habit of rewarding people, make sure it is relevant.

A financial bonus typically has a minimal impact because how much is enough. No matter how much a person receives, they always have that small thought in the back of their head "Is that it?"  One of my clients has stopped issuing movie tickets as they have given away so many, they no longer mean anything. You have to make the reward relevant and it doesn't have to cost too much!

Recently I did two lots of Santa work for a friend of mine. I was happy to do it and it was a lot of fun. To say thanks he unexpectedly gave me the trophy in the picture. It was incredibly relevant and a load of fun. Will I do it again if he asks me, you bet I will. I probably would have anyway, but a cool gift like this means it would be nearly impossible to say no.

Now that we are in the festive spirit, what rewards or gifts are you giving those in your team? 

Is Your Reward Relevant?

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