Rewarding your team players whether that’s employees within a business or team players within a sports club is an effective way of boosting morale and encouraging others to follow suit when it comes to performance.
There are plenty of reasons and benefits why you should be rewarding your team players this year. Regardless of whether it’s for business or pleasure, here are a few reasons why you should be rewarding your players.
Helps with productivity
When you reward your team players, you help contribute to more productivity. Whether that’s productivity on the pitch or in the office, it’s a good thing to have in buckets as an organization and the more productivity you have as a team, the better.
Productivity often comes to the surface when you’re motivated and there’s nothing more that can motivate a team member or team than offering a reward of some sort.
Rewards, even if they’re not financial, can be helpful for giving your company or organization a boost of productivity. With consistent productivity, you’ll find that more success follows.
Boosts morale
Often at times, morale can be low. Whether it’s taking a knock on the company’s success or perhaps a team’s efforts within a league or string of competitions.
Being able to boost morale gives your team members the boost they need to feel like they’re heading in the right direction. When a team member is struggling to remain positive, it can be hard to get out of the rut they’re in.
This is only hindered moreso if those in charge aren’t doing anything to encourage that positivity. Finding inspiration can often come from many places but a reward or two given strategically can be great for a drop in morale.
Strengthens team spirit
By offering rewards to your team players, you’re boosting the overall team spirit. Team spirit is an important attribute when trying to create a successful team whether it’s for the purpose of business or pleasure.
In the workplace, offering a harmonious work-life balance is important and can be done in many ways, from giving workers more time off, to rewarding their efforts. Even for the small wins that your team members have, it’s good to provide them with some reward or recognition for their efforts.
When team members are supported in the workplace or out on the playing field, they’ll be more inclined to work harder and feel like they’ll be able to achieve much success because of it.
With great team spirit, you’re likely to see more satisfying results as a direct impact of rewarding your team members.
Keeps everyone happy
As a company, you want to keep everyone happy and the same goes for any group of players. Rewards are a great way to both maintain morale but to also improve the happiness levels of all your team members.
Upset or frustrated individuals within the workplace are often going to project their feelings into their work and sometimes question their place in the company. They may look elsewhere to find more happiness, which is obviously something you want to avoid.
Useful to inspire others
Being able to inspire others is something that can have a positive knock-on effect on the rest of the team. Inspiration comes from a number of facets within your organization or company.
Inspired people will become highly motivated themselves. They’ll be more determined in all the efforts that they make both for themselves and for the company in general. There are greater levels of creativity to be had and you might find that it unlocks new talents in team members that even those individuals didn’t think were possible.
When you reward your team members, you’ll find that employees are even more determined to reach their goals and that’s an invaluable attitude to have.
Decreases turnover
As a company, lowering your staff turnover is important both for reducing the use of your resources and finances. At the same time, it’s good for your reputation to have staff who want to stick around for years to come. Decreasing your turnover is a benefit that’s achieved when rewarding your staff.
How to reward your team players
There are many ways in which you can reward your team players and not every reward needs to be compensated in a financial manner. For example, you could always look at providing trophies that you can get personalized for the individual.
You might want to look at offering them discounts on services or products, as well as financial options like a bonus or pay rise!
