Some good ways to reward employees include offering public recognition, giving a compensation or gift card, and having a party for employees who went above and beyond the call of duty. Offering different short-term benefits is another good option for rewarding employees, such as paid days off in addition to what is offered to all employees.
Showing recognition for employees who deserve to be rewarded for their hard work is a great way to show that individual work is being noticed and to give a shout out that inspires other employees to do the same. This can be done in a staff email, bulletin board in the break room or mentioning a specific person's name in a group meeting.
Monetary rewards can also be used as rewards for employees who hit a certain goal or achieved something spectacular. This might be a gift card given to the top sales person for each quarter, or concert tickets for an employee that beat the word-processing record. Use both cash and noncash incentives when using these types of rewards.
Offering time off, such as leaving early on a Friday or getting an additional vacation day to be used any time during the year, can be an excellent reward for hard-working employees.