Question: What is one way you reward your team after completing a major project and why is it effective?
Reward Them In What They Value Most
"The first thing is to speak with them and find out what they value most. Try offering a few days working from home, leaving work early to compensate for traffic or getting a longer lunch break. Communicate your gratitude, and express that you want to offer them other means of appreciation."
Acknowledge Them Publicly
"We like to give social kudos by posting a picture of the appropriate team and writing a message on Slack, Facebook and/or LinkedIn so not only the internal team knows, but other community followers see it as well."
Treat Them to a Happy Hour
"Our team at Resound loves a little libation celebration to cap off a successful project. I think there's a few different reasons why this has been effective for us: everyone (on our team) loves a good (and free) alcoholic drink, it gets us away from our computers and out of the office, and provides opportunities to relate to one another (and not in relation to the project)."
Divide the Profits
"We operate on something similar to the pirate code, and divide up profits among people involved in the project. If a worker brings the project to us, they get a share. If a worker is involved in the project, they get another share (in addition to reward for time worked). If profits are saved because of smart purchasing or working decisions, everyone gets the extra split evenly."
Set Up Team Activities and Trips
"We tie our goals to team activities and trips. They can be anything from a lunch together to a weekend getaway. We strive for the "work hard, play hard" mentality, so making sure we set time aside for fun and celebrations is essential. It also allows us to reinforce that relationships are important for our company, including those between our teammates."