Comments on: High-Impact, Non-Cash Rewards http://www.2-speed.com/2006/07/high-impact-non-cash-rewards/ Entrepreneurial Leadership and Management . . . and Other Stuff Tue, 06 Jan 2009 10:26:04 +0000 http://wordpress.org/?v=2.6 By: Dave Jilk http://www.2-speed.com/2006/07/high-impact-non-cash-rewards/#comment-137 Dave Jilk Mon, 24 Jul 2006 15:31:02 +0000 http://www.2-speed.com/2006/07/high-impact-non-cash-rewards/#comment-137 I still remember when Viewlogic gave me an Amex Gift Card as a reward - I remember spending the night in Boston and where I went for dinner.  And that was only $100... <BR><BR>Another big benefit of these personalized rewards is that they don't build expectations the way cash bonuses do.  No matter how hard you try to get people to understand that this bonus is *one-time*, they still have the amount in their head when next time comes around.  With personalized gifts it's more explicit that the occasion and the gift are unique and one-time. I still remember when Viewlogic gave me an Amex Gift Card as a reward - I remember spending the night in Boston and where I went for dinner.  And that was only $100…

Another big benefit of these personalized rewards is that they don’t build expectations the way cash bonuses do.  No matter how hard you try to get people to understand that this bonus is *one-time*, they still have the amount in their head when next time comes around.  With personalized gifts it’s more explicit that the occasion and the gift are unique and one-time.

]]>