Choosing the perfect holiday gift for employees can be more difficult than you think. You should choose something that shows your appreciation while being useful and affordable. This article will help you decide. It’s the end of the year and what better way to spread the fun than various employee rewards?
Year-end gifts are a tradition that is revered in almost every business. It’s a great way to close the year of hard work on a positive note. And it’s perfectly in tune with the giving nature of the festive season. From treats and cash to extra days off, there are many ways to show your employees that you care. For those of you who are confused to find corporate gift ideas for your employees then you do not need khatir because mimin has a solution for you.
Employee Rewards Science
Before I share a lot of holiday gift ideas, I want to take a little detour and touch on the science behind employee rewards. Despite its prevalence, the reality is that rewards don’t necessarily improve performance or morale. And even when they do, not all awards motivate equally. To understand why you must first understand the difference between extrinsic and intrinsic motivation.
Extrinsic vs Intrinsic Motivation
What motivates you to work harder – in your work, in your hobbies, or even in your home?
Forms of Rewards for Loyal Employees
Here are some things you can do to reward loyal employees:
Give sincere praise
Although giving praise is a simple thing that can be given to loyal employees in the company, but it is very valuable for employees. Because every employee who is willing to work hard to complete office tasks is worthy of praise.
2. Celebrate the success achieved
Employees who are loyal to the company can be allowed to throw a small party in the office. All can be arranged with the number of funds provided. Things like this will make other employees or teams more motivated to work more vigorously.
3. Give a memorable award
In addition to the word praise, there are other ways that companies can appreciate loyal employees if they achieve good achievements. For example by giving awards to employees in the form of charters, trophies, or medals. If the award is installed on their office desk, it will remind employees of the success that has been achieved.
4. Give a special gift
If the company has enough funds, there is nothing wrong if a company gives a special gift to a loyal employee. Usually, employees who have worked hard for the company deserve to be given rewards such as shopping vouchers, meal vouchers in certain places, or holiday vouchers.
5. Give time off
It never hurts to give a break to loyal employees after they have completed a certain project with high working hours.
6. Provide promotion opportunities
Promotion can be done if employees who have high loyalty can be given the opportunity for promotion of promotion. Giving opportunities for the promotion of positions can increase morale in the office. With more responsibility, employees will be positively motivated to help develop the company.