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5 Ideas For Incentives To Reward High Performing Employees

 

Reward High Performing Employees

If you own your own business, you know how much work it takes to keep everything running smoothly.

In addition to your own hard work, you no doubt have several amazingly dedicated employees who help to keep the proverbial ship afloat.

As a result of your employee’s dedication and tenacity, you may want to reward them.

Here are a few ideas for incentives to reward high-performing employees.

5 Ideas For Incentives To Reward High Performing Employees

1. Travel Incentive Program

One of the most generous and unique ways to offer incentives to your best employees is to offer a travel incentive program. You can send them off on a luxurious, relaxing trip that can help them feel invigorated and full of pride for a job well done.

One great place to send your hardest-working employees is a sunny vacation spot like Florida. If you book at a place like the Hyatt Regency Coconut Point Resort and Spa, you can use the World of Hyatt credit card to both get free stays and earn massive points to use for other Hyatt stays, which makes giving such a lavish incentive manageable in cost.

The resort itself is beautiful and includes dolphin watching on the beach, plenty of lush greenery and even waterslides. Your staff members can also enjoy themselves while getting a massage or facial and checking out all the attractions near the hotel.

2. Work From Home Privileges

Another great incentive that doesn’t affect your bottom line at all is to provide employees with the privilege of working from the comfort of their own homes. Although there is a widespread belief that working from home can equal slacking off, this is actually not true.

According to a study performed by Stanford, individuals who work from home are actually more productive than their counterparts who commute to an office to work.

This is a great perk that can motivate your employees even more. It allows them a better work-life balance and can make them even more dedicated to their jobs.

3. Gym Memberships and Health Services

Many companies offer their employees a great incentive in the form of gym memberships. This can benefit them by allowing them to stay fit and healthier. There are other health services you can offer your employees as well, such as certain benefits added to their health insurance.

Some ideas can include spa services or yoga and spinning classes. The best way to ensure what your top employees truly want is to offer them an online survey where they can give you their input.

4. Casual Dress

If your business is in a more formal industry, one great incentive you can offer your employees is a casual or business casual dress code. This is much more comfortable and preferred versus corporate attire, which can become stuffy.

Another option is to offer a “jeans day,” which allows employees to wear their jeans or other casual clothing to the office.

5. Preferred Parking

Your top employees will really appreciate you if you offer them the incentive of preferred parking. Giving them their own personal parking spaces can really help as it supersedes the need for having to circle around the neighborhood to find a spot.

You can reserve spots in your business’ parking lot with the employees’ names on them, which can make them feel like a million bucks.

These are some ideas for great ways to reward your best employees. There are plenty of other ways in addition to these. Think about what your workers really want and deliver those things as perks to reward them for all their hard work and dedication.

Reward High Performing Employees

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