17 Low Cost Staff Retention and Reward Initiatives

Sally Balwin
Recruitment | HR | Business Development

As businesses continue to experience difficulties with staff attraction and retention these 17 simple low cost ways show your people you appreciate and value them.

• Movie Tickets.
• Gift Certificates or vouchers.
• Book of Stamps.
• A framed memento/letter/certificate.
• Inscribe a favourite book as a gift.
• Balloons decorated with appropriate messages.
• Purchase a plant or flower arrangement with appropriate message.
• Buy the person something to use in his/her hobby.
• Lunch-on-me voucher or take the person to lunch as a form of thanks or to mark a special event.
• Doughnuts, bagels, or rolls as an early morning starter.
• If your people are outside during the hot seasons (eg, Real Estate Agents) have Icecreams/blocks in the freezer for them.
• A “funny” trophy that is passed among team members based on “inside” criteria.
• Submit the person’s name for a Wall of Fame.
• Something engraved with the person’s name, such as a pen set, business card holder, plaque, or portfolio.
• Paid subscription to a professional magazine or newsletter.
• A small contribution to their favourite charity in the person’s name.
• Time-off; full day or half-day.

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