Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Rewarding Your Employees - The Pros and The Cons

Written by: Martin Haworth

Article Overview: Rewarding your people can be so motivational. And it's a management tool that is so often missed. Yet there are some reasons to be cautious...

Free Download - Special Secrets to Micro-Managing Employee Performance By Martin Haworth
Name: Email:

Rewarding Your Employees - The Pros and The Cons

How are you with rewarding your people?

The occasional box of chocolates. Maybe an away day 'Team-Building', dressed up as learning, with a few (or a lot of) beers at the free bar!

Sometimes you'll recognise just one person for a particular effort. Other times all of your people need recognition for a team result, where a big goal has been achieved overall.

Recognition by reward is, frankly, fraught with difficulties!

Indeed in teams where your management style is seen to be consistent and fair to all, you will be doing pretty well and above the average, just doing that and very, very motivational it will be!

Tangible reward is another ball-game. You can do it if you are fair and consistent, as a basic requirement, and also listen hard for clues to enable you to be inclusive for all your people. Reward for great performance on an individual basis needs to be fact-based above all.

Then everyone needs to be in a position to be able to achieve whatever greatness it is that you reward for.

From the folks who keeps the toilets clean, to the front-end star salespeople - whose achievements are much more easily related to the business end. Making sure everyone can be recognised; can be a 'winner' is vital.

Then, recognising everyone on a rota basis is tough as well!

If you are seen to be doing this, then sceptics will spot that their turn will come whatever and the value of the reward is DEvalued.

See the tricky bits in this?

The key is to keep it fun and light. Rewarding the whole team with simple and fun things like cream cakes or chocolate as a start can worth really, really well.

As a manager, be especially sensitive to things you hear where someone has done well and reward them accordingly.

Maybe by letting them go early one night or have a shot at a different role they've aspired to for a couple of days.

Truth is, reward is best served up by thanks and personal recognition. And tangible treats are fun to do and use as long as they fit in with the environment of the place where people work.

There are two pitfalls for tangible reward:-

1. You only reward your own or your senior team's 'favorites' - and then one half of your team feels badly done to, which undermines overall morale.

2. You overlay material reward on unhappy employees. And they are unhappy because their workplace is not the best environment for them to work (the things that should always happen as a core don't happen).

Sharing a free cake or two with each of your people, without the basics being right, is never going to be in your best interests.

Martin Haworth is a business and management coach and trainer, working with a range of clients from corporates to individuals worldwide. www.MartinHaworth.com

Related Articles
  The Pros and Cons of Hiring Green Salespeople
  The pros and cons of working as an independent contractor
  Execute Your Business Idea
  To Change or Not To Change
  Pros and Cons of the Coffee Franchise

Home > Business-Coach > Martin Haworth > Rewarding Your Employees The Pros and The Cons
Article Tags: ball game, beers, box of chocolates, business end, chocolate, couple of days, cream cakes, fun things, greatness, management style, personal recognition, rota basis, salespeople, tangible reward, team building, toilets, tricky bits, truth

About the Author: Martin Haworth
RSS for Martin's articles - Visit Martin's website

(c) 2010 Martin Haworth is a business and management coach and trainer. He is the author of Super Successful Manager!, an easy to use, step-by-step weekly development program for managers of EVERY skill level and a leadership and management trainer and coach at Coach Train Learn!

Click here to visit Martin's website
Dashed Line

More from Martin Haworth
Success Steps You Can Use To Make Interviews Easy
The Best Workplace Relationships Who Is Responsible
Difficult Managers 6 Steps To Handling Them
Stakeholder Management Get Ready To Get Creative
Management Development Secrets Learning Outside The Box


Related Forum Posts
Re: Ways to Boost Productivity Re: Ways to Boost Productivity - 1. Give Employees More Than a Paycheck 2. Provide Better eSupport Channels to Promote Self-Service 3. Complete your most dreaded tasks first thing in the morning. 4. Outsource as much as possible 5. . Turn off the TV.
CEOs and Email - Slaves? CEOs and Email - Slaves? - I wonder if the emails they are responding to are filtered thru their assistants first 'cos they seem to spend a lot of their off hours responding to them. True they are successful but I'm not sure I'd be willing to pay that price. I'd be interested to know what's the in the typical day planner of Entrepreneurs on the Forum. Entrepreneurs are a different breed than Paid Employees- so it would be interesting to view the contrast.
Where I want WSI to be in Dec 31 2007 Where I want WSI to be in Dec 31 2007 - Here are my goals for end of 2007 Employees - SEO specialist - admin assistant - sales rep - designer/data entry - copy writer (may be outsourced) Target market (client base) manufacturers 10-50 million in revenue looking for integrated marketing solution ranging from 10k - 30k Systems - crm fully utilized - project management smooth process - sales and marketing to continuously generate leads SALES (My big Goal to focus on ) Last years sales revenue was $220K This year we want to hit $500K - approx 40k per month
Re: How to be green? Re: How to be green? - Hi Evan It’s a great topic especially when it comes to going green and saving our planet. We all have a role to play and we are happy about the fact that we are into it. We have recently made our workplace greener and in the process the following changes have been implemented – 1. We provide paper invoices only if customers ask for them. Otherwise, all our invoicing is done electronically (a PDF via e-mail). 2. We have replaced the Paper Cups at our Cafeteria with Mugs for not only our in-house requirements but also for our clients. 3. We have also made it a Company policy to use only eco-friendly electronic appliances and that includes bulbs, air conditioners. 4. We are in the process of putting it into the Policy that the Employees will have to take to other transportation media – other than their personal vehicles – on at least a day per week to office. Hope we are on the right track. Regards,
Re: What do think you about these statisitcs? Re: What do think you about these statisitcs? - [quote="Sab3awy":uve2pm9e]social networks are not just for fun. Say Twitter, I usually check it to find the updates about major news through it. So, I think it is not much of "wasting time"[/quote:uve2pm9e] Social media is a great way to break up the day in the office in my opinion. Employees can take their mind off of the monotonous work they are doing just for a few minutes. In my opinion I don't think they are wasting time at all. Consider this, would you rather block these types of sites and have your employees work all day like a drone? Or would you rather have these sites available and perhaps see an increase in productivity because your employees are working happier and in not in such a mindless state?


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Selling On Ebay The Good The Bad And The Ugly

Steps For Starting A Small Business

How To Become A Member of the Paparazzi

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.