Experiences Are Worth More To People Than Money

Getting the best out of people can sometimes be difficult, while financial rewards do not give people as much incentive to work hard as other types of reward. Indeed, if you want to reward someone, then you should think about giving them an experience day that will stay with them forever, instead of just paying them more money. This particular management technique can help to motivate staff or engage them by giving them an experience that will last for a long time. Therefore, as a business owner, if you want to give your employees a bonus for working hard then giving them more money is an easy option. However, rewarding somebody for their hard work can also be done by giving them an experienced day that they will never forget.

Experiential reward

A simple option to give your employees a bonus would be to reward them through an extra amount of money in their pay check at the end of the month. However, another alternative exists which is sending them on experience days in London, which will give them a memory that will last for a long time. If you choose to reward your employees or other people who have done a good job for you with a financial bonus, then they will not think about this reward in the long term. However, by choosing to give somebody the opportunity to visit the various sites that London has to offer, you could give them several opportunities to go sightseeing that otherwise they may not have been able to do.

Other opportunities

Given the increasing cost of living in the modern world, people often want different experiences that do not have a financial cost. Indeed, if you give your employees a bonus that is only financial, it may help to pay their rent, bills or give them the opportunity to go out for a meal which they will soon forget. However, by rewarding your staff through an experience day, then they will be able to look back on the opportunities that you have given them throughout the rest of their life.

Memorable experiences

Using experience days as a reward for hard-working and effective staff can help to improve the overall motivation of your business, as you will be known as a boss who gives your staff the chance to carry out activities or visit places they may not otherwise have seen. Therefore, by choosing not to reward your staff with financial bonuses, you can give your employees great memories that they can cherish for the rest of their life.

Experiences money can’t buy

Lastly, it must be noted that although having money and spending it wisely is an important part of life, it is also useful for motivational purposes to give your employees a number of memories that they can look back on. Indeed, regardless if your employees eventually leave the company, they will always look back fondly on that special experienced day that you rewarded them for instead of the extra money in their pay check which they will soon forget.

If you are looking to develop employee motivation, then you should consider giving your staff the chance to go on an experience day that they will never forget.