How To Issue An Award

Table of contents:

How To Issue An Award
How To Issue An Award

Video: How To Issue An Award

Video: How To Issue An Award
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Every manager must perfectly know all the ways to increase employee motivation. For some, verbal encouragement, pronounced alone or with the whole team, the issuance of certificates or written gratitude, works well, but many people are encouraged to improve the quality of their work only by material encouragement. A good leader who knows the peculiarities of the characters of his own subordinates should know, following what rule, a monetary bonus is issued.

How to issue an award
How to issue an award

Instructions

Step 1

The award is a great motivational tool. Use it skillfully, then you will be able to masterfully manage and channel the mood of the working class in the direction you want. As a rule, bonuses are given for some kind of achievement such as overfulfillment of the plan or the conclusion of a lucrative contract for the company. This money is charged separately at the end of the month. Make sure that the workers who deserve it receive them. Thus, you will maintain a good microclimate within the team for a long time. For the unfair payment of bonuses to certain individuals can provoke a conflict that will seriously affect the overall performance of staff.

Step 2

As a business manager, you should know very well what to give the bonus for and where you can save a little. Manage the mood of the team through skillful and targeted use of bonuses in a specific situation. Continuously develop in this direction and soon you will see stunning results that are expressed in increasing the profitability of your company. It is also very important to maintain the company's reputation in the eyes of competitors and regular job applicants. After all, if the company consistently gives good bonuses, it means that the company is doing well, and you can get a job here.

Step 3

After completing a successful contract, you must issue an award to those employees who really deserve it and have spent a lot of effort to make this contract come true. Reward your best employees on a regular basis, so you motivate them to do more for the good of your company.

After all, every boss should strive to gather in his company smart and highly qualified professionals who will work for the good of the company day and night. Learn to see and evaluate people at first sight, then you are unlikely to hire a sloven and a parasite who temporarily hid under the guise of an intellectual.

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