Benefits and rewards

By measuring the performance of the employees you can determine what kind of benefits and rewards they might deserve. Training and development is also linked to rewards, e.g. when an employee has the chance to participate in different courses or the employee can be rewarded for attending courses. Rewards and benefits are factors that motivate employees.

To give awards within a company doesn’t necessary have to be expensive, a simple “thank you” will be enough. You as a leader have to choose which one of these you want to choose and witch fits your company better.

Company benefits for its employees can be material or non material. According to us the benefits a company gives the employees always cost something.

Rewards and benefits in a small company

According to us, the rewards and benefits the employees get in small companies differ from the once given to employees working for big companies. The small companies don’t have the huge piles of cash, so they can’t reward the employees in the same scale as the big companies. In small companies only the big bosses enjoy company benefits. In Finland the employees don’t aspect to have the same benefits as the bosses. They know their role! The employees might get company phones, food benefits (lunchsedel) and wellness benefits and so on.