I want to reward my staff but money's tight

My staff have worked really hard. How can I show my appreciation without busting the budget? Jeremy Bullmore advises.

by Jeremy Bullmore

Q. Cash has been tight this year so we're only giving staff small pay rises. I'd like to find an extra way to thank them for their hard work. Any ideas?

Jeremy says: I suggest you put exactly this question to your staff themselves. Tell them that you very much want to find an imaginative way to thank them for all their hard work, but rather than impose something on them that only some of them might appreciate, you're going to give them a budget and leave it to them to decide what to spend it on. There should be only two conditions: one, the budget can't simply be divided up between them, and, two, the outcome has to be a happening - an event, an outing, a party - that absolutely everyone, from top to bottom, should enjoy and benefit from.

It may sound a bit risky and in theory, of course, it is. You'll have to resist any natural instinct to take charge, and instead trust them totally to get on with it. But the chances are that they'll find the challenge intriguing and flattering - and will be determined to make a go of it.

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121



  • Up to 3 free articles every 90 days
  • Free email bulletins

Register Now

Take a free trial

Get 30 days unrestricted access to:

  • All the latest news, trends, and developments.
  • Exclusive interviews with CEOs and thought-leaders
  • MT Classroom - giving you an academic grounding without expensive courses
  • Management Matters and other in-depth content.
  • Daily bulletins straight to your inbox

Take a free trial today