Rockville, MD

1 Research Court Suite 450
Rockville, MD 20850

by Barbara Beauregard
11/11/2019 6:23:58 PM

How to Thank Your Employees (Without Spending Money)

It’s the season for giving thanks, both personally and professionally.

On the professional side, you likely have many people to thank for your company’s success, including clients, vendors, mentors and (perhaps most importantly) employees.

When you give thanks to your team and show employees that their work is valued, the benefits are clear. When people feel valued, they:

  • Are more likely to feel invested in their work and how it impacts the business, which leads to higher quality work and higher employee engagement.
  • Are generally happier and more satisfied with their workplace. 
  • Tend to be happier and more engaged, which means turnover is also reduced.

Thanking your team and showing them how much you appreciate their contributions doesn’t have to be expensive or time consuming, either. With these 7 easy ways to give thanks to employees, showing appreciation couldn’t be easier.

1. Don’t forget the little things

A handwritten note of recognition or a quick email to say you’ve noticed someone’s efforts can go a long way.

2. When thanking someone, be specific

Your small gestures of appreciation should go beyond, “Good job!” Get specific and share some details.

For example, you might say, “Thanks for taking the new intern under your wing. I’m impressed by your initiative, and you’ll be crucial to this new person’s success.”

3. Make time for your team

It’s common for employees to feel disconnected from leadership. This isn’t surprising, especially since leaders are busy and often on-the-go, which makes it hard to find time to check-in with everyone.

Even if you’re busy, you need to make time for your team. One great way to make time and show your appreciation is to schedule monthly lunches. You can absolutely talk about business, but don’t forget to learn more about the employee’s personal life, too. 

4. Provide opportunities to learn and grow

Talented employees don’t want to coast by with nothing to do. They want new challenges and opportunities to expand their skills. Show that you value their expertise with increased responsibility, exciting projects, industry conferences and continuing education. 

But, don’t expect them to tackle these challenges during their free time — that’s a surefire way to make people think you don’t value them. Instead, make sure employees have enough time to learn during work hours. 

5. Give employees the right tools for the job

Too many employees are trying to do their work using subpar tools. For starters, make sure your team has laptops that aren’t sluggish. 

From there, you can make even more improvements. Ergonomic workstations (or an allowance for employees who work remotely) are always appreciated. Dual monitors, wireless keyboards and mice, laptop stands and other relevant technology can also help your team do better work more comfortably. 

6. Be honest with your team

Honestly is one of those things that can be easier said than done, especially when the company is faced with difficulties.

Always err on the side of honesty, though — it shows employees that you care enough to share the good and the bad.

7. Ask for feedback (and listen)

Show employees that you respect them by asking for feedback on things that can be changed for the better… and then listen to their suggestions.

The listening part is critical. If you fail to address legitimate employee concerns, your team won’t feel valued or appreciated. 




Related

Additional Resources to Help Grow your Small Business

White Paper

How Mail Services Help Entrepreneurs Succeed

In today's mobile economy, digital entrepreneurs often work from varying locations. While this can help save money and increase agility, it comes with one big drawback:

Read More >
White Paper

Virtual Assistants Provide a Competitive Edge

Countless small business owners rely on remote assistants or offsite receptionists to help with critical organizational duties. While some are content to offload simple tasks to self-employed, stay-at-home support people, others demand more comprehensive services...NULL

Read More >
White Paper

Virtual Assistants & Remote Assistants: A Comparison

While the traditional virtual assistant is likely to work from home, an executive-level virtual assistant is part of a greater brick-and-mortar presence. This fundamental difference opens the door for extensive training opportunities that broaden the professional's support capabilities.

Read More >
White Paper

Overview of Virtual Offices, Executive Suites and Co-Working Spaces

Work has changed. In an age of instant communication, cloud-based applications, and workplace versatility, the era of the traditional office culture has come to an end. Providers of virtual offices, executive suites and co-working spaces have effectively liberated the nation’s work culture, adding dynamic and energizing new choices...

Read More >
White Paper

Part 1 of 4: Introducing the SBA

For entrepreneurs and small business owners, navigating the tricky terrain of creating a sound business plan, forecasting for growth and developing an operative growth strategy can be a major challenge. Fortunately, American entrepreneurs and operators have access to one of the most effective resources in the worldwide market...

Read More >
White Paper

Part 2 of 4: Starting a Small Business

Navigating the complex terrain of creating a sound business plan, forecasting for growth and developing an operative growth strategy can be a challenge for entrepreneurs and small business owners. Fortunately, American entrepreneurs have access to one of the most effective resources in the world via the Small Business Administration (SBA).
... Click to read more

Read More >
White Paper

Part 3 of 4: Managing a Small Business

Congratulations! You have gotten your small business up and running. Now what? This part of our four-part series on leveraging the Small Business Administration to help you launch and manage a small business will focus on the operational aspects of running a business. Whether you need leadership strategies, day-to-day decision making skills
... Click to read more

Read More >
White Paper

Part 4 of 4: Marketing, Sales and Contracting

Understanding marketing and sales as well as the technical complexity of our Internet-driven society gives entrepreneurs a distinct advantage over the competition. This final segment of our four-part report will take a deeper dive into the logistics and philosophy of marketing and sales and their impact on your business success.
... Click to read more

Read More >
White Paper

DIY Marketing Tools

If a business isn’t marketing, its potential customers are not finding it. Small to medium size businesses often struggle with spending hundreds of thousands of dollars on marketing. New DIY marketing tools, however, have eliminated the need to spend astronomical amounts on online and traditional marketing. These tools
... Click to read more

Read More >
White Paper

Virtual Office for Legal Professionals

Law firms (large and small) and solo legal practitioners alike can use virtual office services and spaces to run their entire legal operations or as a supplement to a home office or traditional brick-and-mortar offices. Virtual office services can be particularly useful during trial preparation
... Click to read more

Read More >
White Paper

Finance & Tax Professionals

Finance and tax professionals, whether they work solo or as part of a larger firm, can use virtual office spaces and services to stay on top of their workloads, especially during the busy tax season. Professional virtual office spaces can be particularly useful when back-to-back client meetings are necessary...

Read More >
White Paper

Traveling Entrepreneur

As business people and entrepreneurs continually strive to grow their business, doing so frequently involves traveling around the country to attend networking or tradeshow events, meeting clients and prospects on their own turf, and getting some face-time with colleagues, contractors or employees who may operate in a remote location. Preparation
... Click to read more

Read More >
White Paper

Virtual Office Eguide

Have you ever wondered why some small businesses are successful and others are not and what do these successful companies do to gain an edge over their competition? Through our years of experience
... Click to read more

Read More >

Additional Intelligent Office locations near Rockville, MD