Keeping your Staff happy and rewarding them for a job well-done is important at any level.

Startups though, like in many other situations, face unique challenges when it comes to rewarding their employees.

You can’t afford big bonuses.

Raises are few and far between.

Fancy gifts are out of the question.

How do you show appreciation?

Here are a few ways to reward your valuable employees,

without breaking the bank.

Write a Personal Note - $1-5

• Find some fancy paper, a nice looking envelope, and write a note by hand

• Writing by hand shows effort and a personal touch that will be appreciated

• Give it meaning, not just a “Thank you”

Give a Personal Gift - $25-50

• Show you know who they are as a person

• Can be related to their activities outside of the office or something to help at work

• Will help strengthen your relationship and prove you’re more than just a Founder

Give a Creative Gift - $25-50

• Give something unique or memorable to really personalize their accomplishment

• Keep it small so they can store it on their desk or somewhere at home

• Will stir a unique emotional response that will be a powerful reminder of achievement

Start Employee of the Month - $0-25

• Put your employees on a pedestal

• Might not be necessarily unique, but has worked for decades

• Couple it with a badge, plaque, or trophy to make the memory last

Give a Mention of Write-Up - $0

• Share accomplishments with your customers

• Include recognition of your employees in your newsletter, blog, and social media accounts

• Give personality to your company at the same time by showing you’re not just a business, but actual people

Throw a Party - $50-100

• Recognize your employees and reward everyone else at the same time

• Spend a few bucks on a cake, drinks, and food to lighten the mood around the startup

• Encourage congratulations and motivate others to step their game up

Go with a Gift Card - $15-25

• Might be regarded as lazy but will still be appreciated by your employees

• Make sure the gift card or certificate is applicable to the lifestyle of the customer receiving it

• Don’t be too frugal on the amount

Startup employees are hard-workers. No doubt about it.

You don’t have to break the bank to let your employees know you care about their top-notch performance though.

Just be personal and meaningful, and you

can keep your top-performers happy.

Interested in learning more

about running a Startup?

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