Work in Progress, Worklife, Workplace, TIME

July 3, 2007 9:36

Me, I'll Take Cash

Posted by Lisa Takeuchi Cullen | Comments (5) | Permalink | Trackbacks (0) | Email This

How are you rewarded for a job well done?

Where I work, people like me are thanked, occasionally, by a one-line e-mail from the big boss: "Nice article." I treasure these missives as a court jester might a flower from his queen. Hmm. Put this way, it occurs to me my employer-employee relationship might be a tad dysfunctional.

We are a self-pitying people, and so it follows that few of us believe the world is properly grateful for our blinding talents. According to a new survey by the folks at staffing company OfficeTeam,

More than one-third (35%) of professionals polled recently said businesses are ineffective at rewarding their employees’ strong performance. Thirty percent of managers surveyed agreed.

Not surprisingly, more executives--63%--felt their reward systems were "somewhat effective" than did employees (43%).

OfficeTeam goes on to suggest some rewards, including:

• Say thanks. Don’t underestimate the power of saying “thank you,” either in writing or in person.

• Celebrate achievements. Honor employees’ accomplishments in front of their peers. Staff events recognizing individuals or groups can enhance morale while highlighting exemplary behavior.

• Give the gift of time. Reward staff accomplishments with extra days off or extended lunch breaks. Time away from the office allows staff members to recharge after major projects.

• Provide plum assignments. Give strong performers the option of working on desirable projects. Doing so improves their motivation and enthusiasm for their work, and encourages others to excel in their positions.

Seems reasonable. Me, I'll take cash.

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Reader Comments (5)

Yadgyu:

Cash is the only true reward for a job.

"The money made from the job is more important than the job itself."

Posted by Yadgyu | July 3, 2007 1:59 PM

Howard Oleary:

I found this story and want to know if its true

I have kept another secret for all these years ,, I was that model in 1984 in Paris and worked for Thierry Roussel’s Model Agency “First Model Agency” and he had a party one night and there were 25 of us male models and only one female there , her name was Christine and only one model had an affair with her and yes that model was me ……Turns out that Thierry married Christine Onassis and Christine had a child Athina Onassis ,, “The poor little rich girl” was the tittle people gave her …..Funny thing is she looks alot like me too hair line ,Eyes , eye brows and also the teeth ….. Recently I searched her and found out she paid Thierry 84 or 100 million dollars to go away ? Was that some sort of seattlement ,,, why would she do that if he was her real father ???Could she have found out something that the rest of the world does not know ?? All I am saying is that she does not look like Thierry Roussel and have told a couple of people this story and they all say the same thing , that they never thought she looked at all like Thierry as well.I have been in contact with an author named Alexis and this person has assured me that they have been forwarding my emails to the Roussel family ,It has been four weeks and still no answer yet .I told them that I would also volenteer for DNA testing and I am waiting for them to respond to me . i hope that she is really my daughter and that one day soon we would meet .I have so much to say to her …

Posted by Howard Oleary | July 4, 2007 8:47 PM

TomS:

Nice article, Lisa. Thanks.

Posted by TomS | July 5, 2007 12:58 PM

Nomad:

Another issue is how organizations rate employee performance. This is especially contentious when monetary bonuses are based on performance reviews. For example, some companies would reward a 100% of an employee's eligible bonus, if the employee achieves a 100% performance rating. Here's the problem; some companies rate 100% performance as excellent performance, with 50% being acceptable rating, and >100% as going much above and beyond. A good employee would be given a 75% rating. Even if one is good employee, she will not be given 100% of the bonus that she is eligible for. In the meanwhile, the executives are given millions in bonus, regardless of the company's performance.

Posted by Nomad | July 8, 2007 1:29 PM

sultan:

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تلبيس فتاة تقود دراجة

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Posted by sultan | August 7, 2008 1:10 AM

About Work In Progress

Nina Subin

Lisa Takeuchi Cullen is a staff writer for TIME. She blogs about work. Why? Because TV was taken. Think of her as the grumpy colleague ranting by the water cooler.
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Email her here:
lisa_cullen at timemagazine.com