There are many strategies for rewarding employees, and they all do tend to accomplish the same thing. Employees who are recognized for their contributions are encouraged to keep performing at that level. And for those employees who are only average, incentives can and do motivate them to improve. Here are some of the basic requirements for a well-received Employee Reward Program.
Maintain the Program
The most important element in employee reward programs is to follow through. If you’re going to take the time to implement a program, then the very least you can do is maintain that program. There is nothing more disheartening to an employee than to have worked toward a reward that suddenly no longer exists. Once you start an employee reward program, maintain that program.