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Rewarding staff without spending money

Wednesday, July 07, 2010

There can now be no doubt that the UK is in for several economically tough years.  

If you run a small or medium-sized business these challenging times mean you will want to look for savings, increased margins and better productivity. 

One way to go some way to achieving these targets is to get the very best out of your employees. The question then is: how can you do this without simply increasing pay and raising your costs?  How, in other words, can you reward them without money? 

Cash may be king for many employees, but there are also many ways to drive up morale, work satisfaction and, it follows, productivity, without simple recourse to higher wages.  Many of these methods fall - like many good ideas do - into the category of 'common sense'.  Knowing they are a good idea is, of course, one thing - but the path to success is all about implementing them. 

Here are 5 ways you may think are worth considering: 

  1. Introduce flexible working hours.  
  2. If you run the kind of business where this is possible - and nearly all businesses can incorporate some form of flexible working - the benefits are likely to be readily apparent.  Flexi hours are a great way of not only accommodating the needs of your staff, but also of showing consideration for their lives outside of work.  

    Of course, you need to ensure that any system introduced is not abused by individuals; but, on the whole, a flexible schedule that allows staff to arrange work and personal lives more efficiently is likely to lift morale and encourage staff to work better. 

  3. Praise - with the personal touch 
  4. Praise too freely given and for rather unclear reasons can appear insincere.  But, however cynical the person, it's likely that praise and a 'thank you' will be well received if offered genuinely and for something specific. 

    Being specific is vital. The employee must be quite clear what it is a manager is praising for and why.  

    Also vital is to give the praise with a personal touch. It's great to put a 'thanks' in writing, for example, but a blandly worded, printed letter is far inferior to a hand-written - or at least hand signed - note that details exactly why you're writing.  

    Verbal praise is also effective, and if it's for smaller matters, it doesn't always have to be in public. 

    Public praise is a definite morale booster - if, and this is the big if, it is valid. If it's given too freely, for minor reasons, it will lose all credibility fast.  Far better to make sure it's justified and then make sure everyone knows it's been given and why. Praise that's genuinely earned feels far more valuable.

  5. Get staff involved   
  6. This is so obvious that it's often overlooked. If you want staff to feel really connected to the business they work for, then getting them involved in as many aspects of that business as possible is clearly sensible. 

    Creating a forum where people can understand the work problems others are having and offer suggestions for potential solutions is a great way of generating involvement.  It's can also be a fruitful way of generating innovations.  

    In short then, air the problems and share the solutions.  Of course, not everything is going to be solved in this way, but some things may be and what it does do is afford a channel for discussion and allows individuals to see the business as a whole, rather than just from the perspective of their role. 

  7. Awards 
  8. If you run a client-facing business - a shop, perhaps, or an office with a public area - then creating an awards wall, or a wall of fame, can be a good idea.  This can be used to display members of staff voted each month by their fellow workers as having been outstanding in some way.  

    The effectiveness of this wall of fame is that, firstly it's public and the employee knows others will see their efforts, and, secondly, co-workers are the ones doing the deciding.  It's important to use a good, clear picture and a description of the award, 'Outstanding Staff member of the month,'  for example. 

  9. Switch roles and be spontaneous 
  10. As a manager, be careful about introducing 'fun' - your idea of fun may not coincide with others' ideas. 

    Even so, a little light-heartedness every now and again can certainly help lift moods.  Simple things can work well - like a manager, spontaneously, getting his staff cups of tea or coffee - perhaps pushing a tray of tea, coffee and cakes around an office, or perhaps initiating a round of applause for someone's smart idea or extra hard work, can be effective, without seeming too cheesy.   So, introducing a degree of levity is a good idea and can help the mood of the workplace - just remember to avoid bad jokes! 

    Does this come into the category of 'rewarding staff'?  Perhaps not directly.  But creating a workplace with a good atmosphere, in which people can share in light-hearted moments, when appropriate, and where managers are human and approachable, will certainly be classed as an attractive 'package' by most employees. And it shouldn't be overlooked

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