Nonmonetary Awards Your Top Performers Will Actually Love

Nonmonetary Awards Your Top Performers Will Actually Love

Whether you are a business owner or a department manager, you need to find smart ways to motivate your workforce and increase productivity levels. That task is never an easy one, especially when budgets are tight and big raises are out of the picture.

The good news is that there are nonmonetary ways to reward your top performers and encourage other employees to be more productive. These days, everyone, from the CEO in the corner office to the entry-level clerk in the mailroom, needs to work smarter instead of harder, and the same concept can be applied to motivational awards and other incentives.

You do not have to spend a lot of money to make your top performing employees feel appreciated. Something as simple as a prime parking spot can be a highly sought after award, especially in a busy office park where spots are at a premium. Awarding an employee of the month certificate, and that highly coveted parking placard, can be a great way to reward your best performers and make other employees want the same award.

Desk plaques and engraved picture frames can also be coveted awards for top performers in the office. These physical representations of excellence are a daily reminder of the company and its generosity, even when monetary awards are not in the budget. It is not easy to work within those budgetary constraints, but finding creative solutions to this common problem can make your life a lot easier.