Recognizing Performance

I read an article in the paper the other day about one of the larger banks cutting back expenses while continuing to recognize performance. With expenses being cut all over, that doesn't mean you need to stop rewarding outstanding performance. Rewards = motivation = results. Be creative. Have team competition within departments. Reward the highest performing team.

Rewards could be anything from movie tickets to branded mp3 players and music downloads. If you have to cut out the golf outing at a resort across the country, why not have a local golf tournament and hand out branded golf items at the tournament?

Whenever you show your employees that you appreciate their efforts, they continue to set their sights higher. That benefits you!