Having trouble finding a way to thank employees for their hard work when your business is having trouble getting by? USA Today has some advice from SBA head, Karen Mills, that may help.

Many employees understand the financial constraints that come with running a business during bumpy economic times and appreciate creative efforts to recognize their contributions. Here are some ways to provide rewards without breaking the bank:

Think 365. Many firms reward employees once a year — usually in conjunction with a performance review. A better approach is to sincerely reward workers throughout the year. That helps to motivate teams and keep them energized.

Make it public. Don’t solely recognize employees behind closed doors. Most people enjoy being acknowledged in front of their peers.

Photo by Kate Ter Haar

Comments are closed.