Non-Financial Rewards for Employee Appreciation

KNOWLEDGE MANAGEMENT
ASSIGNMENT 4.2
TASK 4.2: a
One of the greatest challenge for every organization is constantly rewarding employees’
efforts and boosting their perception of personal worth without issuing pay increases. Employees
in every organization want to feel valued by their employer because that is an important
requirement for increased output in the organization [1]. Normally, all employers should give
their employees regular pay increases, and hold appreciation parties every so often. Nevertheless,
that is not normally the case due to many competing demands that require the attention of the
organization’s finances.
However, there are many non-financial rewards that organizations can use in rewarding
employees and most of these do not cost much. Companies have many options in which they can
reward the efforts of their employees and these are cheaper and they leave a long-lasting
influence on the employee’s perception [2]. The suggested solutions include simple gestures that
are supposed to encourage employees and they all go a long way in making the employees self-
worth appreciated. In addition, the solutions are applicable and they are supposed to show
gratitude to the employees for their service to the company. The group came up with four
solutions other than the common pay increase approach for making an employee may have their
person of personal worth appreciated. These are as discussed below:
1. Regular Praise
In every organization praising employees that have done well is a necessary and is a
recommended morale booster [1]. The use of praise really costs nothing but it leads to a
substantial increase in the employee’s perception of personal worth. The employees feel
appreciated and that is one of the simplest non-monetary approach applicable. Praising
employees can probably start with a simple act such as sending the employee of interest a
handwritten thank-you note. The thank-you note is supposed to be drafted by the seniors and is
supposed to detail the exact reasons of the gratitude the company has for the employees.
Additionally, the employee can be summoned by a ranking officer at the company and
thanked verbally. The officer must explain to the employee the reasons why the company
appreciates their role and why the company management values the employee’s contribution [1].
Dialogue is very vital because it leaves the employee with a lasting feeling of personal worth to
the team and to the company as a whole [3]. The only thing that is discouraged in this approach
is the use of general emails and generalized praise that is sent by general managers to every
employee. The thank-you notes suggested must be hand written and the conversation must be
genuine.
2. Showcasing
The most important members of any organization are the best performing and the
dedicated employees. Such employees are key in making the company profits and deserve proper

showcasing that will motivate them adequately. Therefore, in an organization there is a need to
make sure that they get an opportunity for recognition where they will have their personal efforts
recognized. The leading performers in every category must showcased and that will surely make
them feel well appreciated [1]. Therefore, there should be a leaderboard up that shows the best
performers in every department and the winners must be known and their achievements well
listed. The top employees that do not make it will compete for the top and this will bring about
healthy competition while at the same time boosting personal worth to listed employees. The
inspiration that comes from the showcasing is a very important boost for all involved and will in
the long run lead to better results.
3. Increased Responsibility
The sum of responsibilities given to employees directly correlate with their capability.
However, even the knowledge that they are trusted by the company and are allowed to take lead
in important tasks and roles and that their ability to decide in some matters is very important for
their personal growth. The feeling that their involvement is very vital and a key requirement for
the operation of the company shows them that the company believes they are a mainstay. Indeed
that also demonstrates that these employees have the ability of taking their career goals much
more seriously and that their personal worth grows as their responsibilities increase [1].
4. Small Company Events and Parties
As a way of making employees feel appreciated and valued, it is important that a
company sets a small part of its budget for some small parties and events. The employees will
definitely feel relieved from the work of the day and the break that comes with the celebration
for the good work they do is necessary. The option is a direct substitute to a pay increase and it
can be done in many ways [4]. For instance, the company can choose to celebrate monthly
birthdays of the company employees born at a certain month and that improve the personal
perception of the employee and makes them feel valued and loved.
The company could may be opt for regular and well served catered luncheons on the
important days of business. For example when the times at work are very busy, the luncheons
can be a good way of showing the employees that they are valued and that the company minds
about them. Such strategies are easy to come up with and they will all serve the purpose of
making the employees in the company feel as valued members of the team they serve.
Task 4.2: b
Nominal group technique
The technique is applicable when used by a small group of people with the goal of trying
to come up with a decision that best tries to represent the group's views. The process uses several
voting cycles and the cycles results are representative of the end result. The seven members of
the group met and the group leader explained the reason for meeting. The members were
supposed to find the best solution to the employee personal-worth perception problem. In doing
so they considered the four suggestion from the brainstorming exercise on 4.2(a) above. The

members were part of the group that came up with the four solutions and so they were familiar
with them and so they were ready for voting using the ranking method.
The voting was done using the ranking method which places emphasis on just a few
ideas. During voting, the recording of the vote was done after the leader assigned a number for
each idea. The option that each member opted was recorded and the rank assigned out of a
maximum rank of 10. After the actual votes were recorded, the rank was assigned and the
breakdown was as follows:
SOLUTION # Mike May Mason Melanie Moby Mia Missey TOTAL
1 4 3 5 5 4 4 4 29
2 3 4 5 8 5 5 5 37
3 5 6 6 8 8 7 6 49
4 8 7 9 9 8 9 9 63
Based on the breakdown in the ranking method above, solution 4 was the most popular solution
opted by the group members based on the nominal group technique.
Task 4.2: c
The seven through consensus agreed that the best solution to the employee personal-
worth perception problem is solution. After brainstorming on the four solutions and discussing
them at length, the members agreed that giving employees regular small parties and events will
definitely make them feel relieved from the work of the day. The parties will help them have a
break and that will be the best remedy for employee personal-worth and perception.