Tag Archives: bonus

Motivate your employees through ways of cash and kind

Paying salary to your employees is perhaps not the only way by which you can motivate them to stay and work in your company for years. Though paying salary on time will keep them happy but definitely that will not act as a motivational factor and they will never have the love for the company and will also not be displayed through their acts. Their psychology is simple. They deserve to get some extra benefits that are apart from their wages. Those extra benefits need not be through monetary gains but can also be through other virtues shown by the employer. Knowing the name of your tenured employees is one such virtue and speaking to them often for at least a minute can spark a feeling in them that the company wants them to be a part of it. Also try not to be harsh with them when they goofed up with things. Instruct your men to speak gently but sternly with them and try to get things done rather than bossing on them.

Paying bonuses can give them a good feeling:-

If you have sufficient projects in hand and are also doing well in your business, then it will be a good gesture to announce bonuses to your employees. The workers will especially feel happier by hearing such an announcement. They are often paid less than other employees in a construction company and therefore when they get to know that the company has declared bonus to all, they are probably the lot who becomes happier than the rest. However, if the company has not generated enough profits in that year and could not declare any bonus, that also should be informed to all the workers so that they do not lay any wrong expectation and later feel hurt.

Organize dinner for your workmen:-

This can be work as a good get-together where people from various departments will meet at one place and perhaps for the first time they will not talk about work and business but will be there to have fun and make the evening a memorable one. You can even organize some cultural shows where the participation of the workers will be a must. This will also allow them a chance to display their skills other than what is required in their work. Programs like these will help in strengthening the bonding of the employee and the employer. These activities do not usually happen in many construction companies and if you take the initiative and organize these activities, it will lead to lower the attrition rate of the company.

Give gifts or shopping vouchers to your employees:-

Construction companies often get shopping or restaurant vouchers from many sources. The companies can distribute those vouchers to the top performer or if it wants to give it to everybody it can do that as well. In order to motivate your employees, you do not have to spend money from your company’s reserves. It’s a gift that you get from someone and you give it out to someone else and make their day.

Announce a bonus to your staff this Christmas

It has been debated in numerous and in different occasions about the fact that does the employees for a construction company are really paid for the kind of hard work they do for the company. Most of them feel that they are underpaid and there is also a certain section of the population that feels that they are correctly paid on the basis of time they give for the work. But at the same time, there is something that needs to be done for the people who work tirelessly for the entire day on a construction or mining jobsite and what better it will be than declaring a bonus for the month of Christmas. Though money can’t buy happiness but it undoubtedly plays a very significant role in bringing happiness at home. The children of construction workers want their fathers’ to bring gifts to them. They do not understand the debate if his/her father is under paid or overpaid. They expect something extra from their father during this season and fulfilling their dreams will eventually make the man happier.

There are several companies that offers their employees with several gifts and do not wish to pay them via cash. They on the other hand give them gifts which obviously make them happy. However, the gifts given to the employees will only service their purpose and in case if someone wants to buy a gift for his children and he does not have enough money with him, the gift given to him by his company stands meaningless. This is why giving money in cash and in kind makes more sense.

Once he cashes the money received to him as bonus, he can buy whatever he wants to and is not restricted to the item that he receives as gift. He can take back home the thing that his family needs. Giving your employee a gift only becomes meaningful when he can make good use of it and you do not know which employee needs what and therefore it is better to declare a bonus to everybody so that they can buy things that means the most to them. They can even use that money to plan their vacations which was not possible if he was merely given a gift.

Christmas is also a time when maximum people plan their vacations irrespective how rich they are. They definitely want to go someplace which they could otherwise not afford and they can realize their dream of going to an exotic location with the help of the bonus money. Some companies also offer vacation tickets to the best employees of the year. This sounds really great to the guy who gets it. He can go off for a week and just relax without have to think about any work.

Another option that you can adopt is announce a bonus that will be a mixture of food coupons or shopping coupons and some cash with it. This will allow the employee to go at an expensive restaurant with his family and have a great time out there.