Finance Credit

How To Credit My Employee For Doing a Good Job

Published at 02/15/2012 06:54:06

Introduction

A steady paycheck and other benefits tied to compensation satisfy many employees at companies around the world. However, people sometimes want additional credit for doing a good work. That leaves many managers asking, "How To Credit My Employee For Doing a Good Job?"

This goes beyond the obligatory human resources role within the organization. Of course, businesses can call upon the expertise of HR professionals to learn about the theories and academics behind crediting and rewarding employees for a job well done. Many managers may actually benefit from taking a continuing education course about how to properly "credit my" employees, if time permits.

Giving credit does more than offer something tangible employee. The business itself might also benefit from wanting to "credit my" employees. People who receive a type of monetary reward, gift, or plain and simple organizational recognition, may become more productive. First, good employees have a reputation to uphold, being deemed good or even exceptional employees. Moreover, employees who go the extra mile once, may be more likely to push themselves even further to continue receiving rewards, and beating out fellow workers in a healthy competition.

In your quest to learn, "How To Credit My Employee For Doing a Good Job," you may find that employees appreciate the thought into the matter, as much as the actual reward.

Step 1

Check your budget and then ask, "Can the business afford a one-time bonus to credit my employees?" This is after the accounting department has cleared the obligatory labor expenses that center around wages and benefits.

Step 2

Review your budget further and then ask, "Can the business afford gift cards to local stores as a way to credit my employees?"

Step 3

Determine you finances and then ask, "Can the business afford to print out newsletters and credit my employee for a job well done?"

Step 4

Look at the business' staffing and ask, "Can we afford to promote this person so that I can credit my employee for a job well done?"

Step 5

Ask the HR department or legal counsel about intellectual property procedures. "Can we let people patent their ideas that helped our company as a way to credit my employees for a job well done?"

Sources and Citations

  1. "10 Myths of Employee Recognition & Rewards." HRM Today Social Network. Web. 14 Feb. 2012. <http://network.hrmtoday.com/profiles/blogs/10-myths-of-employee-recognition-rewards?xg_source=activity>.
  2. "Best Practices from Best Companies, Part 3 of 3: Employee Recognition." Great Place to Work® Institute United States. Web. 14 Feb. 2012. <http://www.greatplacetowork.com/publications-and-events/blogs-and-news/766-best-practices-from-the-2012-best-companies-part-3-of-3-employee-recognition>.
  3. "Don’t Motivate Your Workforce! by Peter Hunter." Human Resources - HR Articles, Information & HR Portal | IQPC. Web. 14 Feb. 2012. <http://www.humanresourcesiq.com/talent-management/articles/don-t-motivate-your-workforce/>.
  4. "Employee Recognition | Inc.com." Small Business Ideas and Resources for Entrepreneurs. 09 Feb. 2012. Web. 14 Feb. 2012. <http://www.inc.com/employee-recognition>.
  5. "Employee Recognition and Reward When Times Are Tough - Harvard Management Update - Best Practices - Harvard Business Review." HBR Blog Network - Harvard Business Review. Web. 14 Feb. 2012. <http://blogs.hbr.org/hmu/2008/02/employee-recognition-and-rewar-1.html>.
  6. Heintz | Document.write('Sep, By Nadine. "Building a Culture of Employee Appreciation | Inc.com." Small Business Ideas and Resources for Entrepreneurs. Web. 14 Feb. 2012. <http://www.inc.com/magazine/20090901/building-a-culture-of-employee-appreciation.html>.
  7. "New Survey Reveals Employee Productivity Boosted by Strong Leadership, Not Reward Programs." Jobs and Career Platform. Connecting Recruiters and Job Seekers. Find Recruiting Jobs. Web. 14 Feb. 2012. <http://www.recruiter.com/recruiting-news/new-survey-reveals-employee-productivity-boosted-by-strong-leadership-not-reward-programs/>.
  8. Patton, Carol. "Human Resource Executive Online - Rewards To Remember." Web. 14 Feb. 2012. <http://www.hreonline.com/HRE/story.jsp?storyId=26655920>.
  9. Russo, David. "Human Resource Executive Online - The Magic of M&Ms." Web. 14 Feb. 2012. <http://www.hreonline.com/HRE/story.jsp?storyId=383047430>.
  10. "Study: Tangible Employee Rewards Should Be Integrated With Compensation." Jobs and Career Platform. Connecting Recruiters and Job Seekers. Find Recruiting Jobs. Web. 14 Feb. 2012. <http://www.recruiter.com/recruiting-news/study-tangible-employee-rewards-should-be-integrated-with-compensation/>.
  11. Terry, Martha B. "Human Resource Executive Online - Effectively Communicating Employee Rewards." Web. 14 Feb. 2012. <http://www.hreonline.com/HRE/story.jsp?storyId=280629953>.

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