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The worst way to reward an employee is with a cash bonus that is not tied to anything specific that they had control over. If you bonus cash to an employee and label it something generic like a “Christmas Bonus” they most likely will expect the same or more the following year! Also, a downside of the ambiguity of a cash bonus is that the employee isn’t sure how they should perform to get it again. Today we are going to give some ideas on how to reward employees in a way that will boost overall engagement, morale, AND profits.
Take our short assessment to find out what you might be overlooking in your plan.
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By Florida Veterinary Advisors5
3838 ratings
Send us a text
The worst way to reward an employee is with a cash bonus that is not tied to anything specific that they had control over. If you bonus cash to an employee and label it something generic like a “Christmas Bonus” they most likely will expect the same or more the following year! Also, a downside of the ambiguity of a cash bonus is that the employee isn’t sure how they should perform to get it again. Today we are going to give some ideas on how to reward employees in a way that will boost overall engagement, morale, AND profits.
Take our short assessment to find out what you might be overlooking in your plan.
Test Your Business Financial IQ
Watch our 5 part video course on the Foundational Steps to Financial Balance
Watch the course now
Sign up for a complimentary phone call to talk about how to get better use of all the cash inside your practice.
Schedule a time
Check out our social media channels
Facebook
LinkedIn
YouTube

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