Engage your team members in a conversation about what type of discretionary bonus they would value most.
Not all team members are incentivized by cash compensation. Some value flexibility over salary; others may value a concierge vacation experience over a bonus. The best way to find out what motivates someone… ask them!
What are the takeaways?
- Give team members a list of options for discretionary bonuses and allow them to choose their preferences.
- Position this as a “give back” campaign during the week of November, ensuring that your team knows that 1) you care and 2) that you listen.