No Cost/Low Cost Incentive and Recognition Ideas



No Cost/Low Cost Incentive and Recognition Ideas

- Say Thank You!

- Personal notes of appreciation

- Public recognition (of almost any kind)

- Buy lunch/dinner to winner of the day, week, mo, etc. Goal can be anything from appointments, to %gain in gross, a/c’s opened, etc.

- Reserved parking place

- Meal with CEO or other senior mgt

- Phone call/note from senior management recognizing accomplishment

- Consider low cost rewards- movie tix, flowers, etc.

- Subscription to magazines/newsletters (business or non)

- “Symbolic trophy” award

- Pizza party for high-performers

- Round of golf with mgt.

- Article in internal newsletter

- “Certificates of Achievement”

- Certificate for on-line learning/training programs

- Give a title such as “senior” or “specialist”

- Membership to an “advisory” group

- Send to outside training and make them “coordinator” for product or strategy (i.e., “Retirement Coordinator”, “Life Insurance Specialist”, etc.)

- Posting achievements on bulletin boards, etc.

- Send as representative to corp. events or other meetings

- Don’t forget to recognize b’days, employment anniversaries, other key dates

- Same as above for all business/career milestones- yrs registered, assets under management, dollars invested in VA’s etc.

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