Rewarding Employees

I was also reading Fortune Small Business over the weekend. There was an article about the “best bosses” as ranked by an organization called Winning Workplaces.

What caught my attention was that the CEO of Rackspace (Graham Weston) was featured as one of the companies and there was a quote from Daivd Bryce, whom was interviewed by Service Untitled a few months ago. Mike Faith of Headsets.com was also featured.

Some highlights (in my own words):

  • Vitale, Caturano & Company gives gourmet dinners during tax seasons, tuition reimbursement, and more. [Link]
  • Interaction Associates conducts regular “Quality of Work Life” surveys. [Link]
  • Headsets.com encourages employees to submit ideas and feedback and hosts an open invitation dinner at the CEO’s home every Tuesday. [Link]
  • SmartPak Equine has employee stock ownership, open-book management and a quarterly recognition program by and for employees has kept SmartPak’s workforce motivated and focused on the company’s core values. They also weekly meetings with the purpose of of simplifying tasks. [Link]
  • M5 Networks gives certain employees things like a “Trustworthiness Award” and a prize, has monthly late-night jam sessions with the company’s band (made up of employees), telecommunicating options, and more. [Link]
  • At Seventh Generation, the company invests a lot of time and money into training and quality products. [Link]
  • St. Louis Staffing (which I have heard a lot about lately) provides full and part time employees with health insurance, paid time off, bonuses, flexible schedules, and apparel. [Link
  • Digineer provides classes for subjects like time management, health and wellness, and has community activities like an Iron Chef competition, snow tubing, and family picnics. [Link]
  • New Media Strategies has cool perks like movie time for employees, an “Ass Kickers of the Month” award, an open-bar happy hour, a training university, and more. [Link]
  • Rackspace’s CEO lets top performing employees use his BMW for a week, has awards for providing Fanatical Support and more. [Link]

Equity programs for employees were a very common theme. Lots of companies also have training programs for employees that teach both work and non-work related things. To me, those seemed to be the two most common things. Both are extremely useful in enabling and encouraging employees to perform better and go the extra mile.

If you would like to review all of the profiles, and the full articles, click here.

Does your company do anything like this? Would you be interested in learning more about any of these companies? Let me know and I will do my best to make it happen!