151 Quick Ideas to Recognize and Reward Employees

24Promotional Opportunities

One of the best ways to recognize and reward outstanding performance is to promote employees who consistently demonstrate excellence in their work. In many respects, promotion is the ultimate reward at work because it fulfills the successful employees’ needs for recognition, achievement, responsibility, and personal growth. Employees also enjoy the more tangible rewards that typically accompany a promotion, such as a raise or a better office or workstation.

When promotions are carried out equitably, there are even rewards for employees who are not promoted. For example, it is rewarding for employees to see that the company promotes from within, and this can further energize them to work harder to receive a similar ...