Friday, October 23, 2009

Rewarding Your Employees During the Holidays

The holiday season is just around the corner and business owners may be wondering if and or how they’re going to be able to give their employee a holiday bonus. With the tough economy , budgets are low and there may not be funds to give employees what they are used to around the holiday season. This is a time where owners need to be creative and use some of their best business ideas on their employees.

Although you may not have the budget to hand out your normal holiday gifts and bonuses, there are other options available to reward your employees for their hard work through the year.

  • Provide extra vacation time—allow employees to take an extra vacation day or two around the holidays
  • Have a holiday party—pick an afternoon where you can close your business early to have a holiday party
  • Provide your employees with an afternoon of service—a great example of this would be having a massage therapist come in and have your employees enjoy a free massage
  • Gift cards—in a tough economy it’s always nice to have necessity items covered. Giving your employees gas or grocery gift cards is a great idea
  • Pay a bill—help your employees out by paying a bill for each of them. You can set a limit on the amount that will be paid

Although it may be hard to find the budget for holiday rewards, it is important to give your employees something. It will help boost morale and will give your employees motivation to keep working hard into the next year.

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