One of the questions I am often asked when it comes to rewards is what to reward people with as well as when are you supposed to give those rewards.
It’s important to remember that rewards can be tangible, monetary, or experiential in nature. This opens the door to all kinds of creative options and ideas for what to give to people or give them access to choose.
And broadly you give rewards to individuals or teams whenever they reach pre-set goals, a significant achievement, or a special service was performed.
Now let’s dig a little deeper so you can better understand these elements.(more…)