Compensation is often a very tense topic within organizations, but it is a top priority among employees. No matter how wonderful an organization can be, top candidates will not seek out positions if the salary range is below certain levels. 6 Star Employees deserve the higher end of the salary range, but they do not require it in order to perform at an exemplary level. It is best for leadership to find out what the employees view as compensation for their hard work. There are several non-monetary rewards that are desired by 6 Star Employees. They may include:
- Certificates of Appreciation, Award letters, trophies, etc.
- Movie passes, gift cards, gas cards
- Simple thank you notes, thank you treats, acknowledgment in front of peers
- Bonuses, salary increases, extra commissions
- Extra corporate benefits, parking passes, free lunches or dinners with management
If leadership cannot approve increases in salary, they can often consider a few of the above-mentioned rewards for their employees. The key to retaining 6 Star Employees is to understand their drive and understand what makes them feel appreciated. Taking the time and effort to understand your employees brings rewards to the organization that ensures positive results.