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Rewarding employees can help drive loyalty

Keeping staff motivated and loyal may involve clearer employee rewards programs.

Internal relations within a company are nearly as important as the way it deals with its client base. An organization that can't secure the loyalty of its employees may end up with high turnover or weak efficiency, whereas one that can make these connections may be better able to help its clients and become a force in its field. It's not too difficult to give staff members a positive environment, one that makes them feel personally invested in the team. What it does take is a keen understanding of what motivates these individuals and the conditions within that particular organization. The benefits therein clearly outweigh the costs of learning.

Motivated and loyal
What does an ideal worker look like? His or her relationship with the company may be different than the traditional hierarchy, at least in the way the employee views the success or failure of the firm. Instead of a secondary effect of performance, the organization's travails may feel personal. A Recent Standard Examiner piece explored strategies leaders can use to gain this type of loyalty from their teams and found that employee rewards programs may fit the bill. The source stated that there is far more to gain from recognition and appreciation than structures mainly based on accusations and punishment.

The source indicated these plans should encompass both private, in which a worker gains direct support from leaders, and public settings. It could help the whole company to see the example of current successful employees and learn that these individuals are being recognized rather than ignored. Companies that offer this positive reinforcement are very different from organizations that only ever single out professionals to let them know their efforts have come up short. This positive attitude should extend to all communications, the Standard Examiner noted, with leaders stopping employees from making harsh or demoralizing statements to one another.

Ideal treatment
According to Business 2 Community contributor Tabitha Jean Naylor, giving rewards to employees is simply treating them to the same excellent experience as consumers. She specified that it's good to keep the staff up to date on the incentives they may be close to earning by keeping these items on the agenda at meetings. Naylor noted that companies that want to keep these programs thrifty for now still have options, with public recognition possibly serving as a great motivator. She stated that even small firms can make an effort. In fact, growing businesses may get huge benefits out of bolstering worker morale.

If you'd like to know more about rewards in the workplace, download our white paper.

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