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Employment rewards are not just financial.. they can also be education, insurance, and even PTO. These total rewards are things that leaders have to think of to keep and obtain qualified staff members

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Employee Performance and Compensation Management

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The Power of Total Rewards to Engage Employees

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Total Rewards Strategy and Compensation Philosophy

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HR Management : Compensation & Incentives

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Let's Talk Total Rewards for Employees - Towers Watson

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An introduction to Total Rewards -- the combination of all monetary and non-monetary investments a company makes in its workforce -- and its critical role in the overall Employee Value Proposition in attracting, retaining and engaging talent. Learn more at: http://www.towerswatson.com/research/6835

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The Use of Rewards and Recognition in Nursing

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The Use of Rewards and Recognition in Nursing

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Who doesn't love to be recognized for a job well done!

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Who doesn't love to be recognized for a job well done!

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Encouraging nursing managers to give verbal and written praise and recognition to employees may be one way of increasing job performance and satisfaction. The healthcare industry must have support leaders in order to retain employees and allow them to feel support. Nursing managers must also be open to listening to their employee’s ideas on different financial and non-financial rewards (Seitovirta, Vehvilainen-Julkunen, Mitronen, & De Gieter, 2016). 

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Encouraging nursing managers to give verbal and written praise and recognition to employees may be one way of increasing job performance and satisfaction. The healthcare industry must have support leaders in order to retain employees and allow them to feel support. Nursing managers must also be open to listening to their employee’s ideas on different financial and non-financial rewards (Seitovirta, Vehvilainen-Julkunen, Mitronen, & De Gieter, 2016). 

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The use of rewards and recognition allows leaders to retain their nursing staff. The use of non-traditional monetary rewards is becoming more of an incentive for staff and can prove a challenge for leaders in an industry that is highly competitive (Seitovirta, Vehvilainen-Julkunen, Mitronen, & De Gieter, 2016)

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The use of rewards and recognition allows leaders to retain their nursing staff. The use of non-traditional monetary rewards is becoming more of an incentive for staff and can prove a challenge for leaders in an industry that is highly competitive (Seitovirta, Vehvilainen-Julkunen, Mitronen, & De Gieter, 2016)

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One study suggests that the use of verbal and written praise, which does not cost organizations money, can be just as good at retaining nurses as financial rewards. Praising staff is often times over looked in a busy fast paced nursing industry but does goes a long way in allowing staff to feel valued at their organization. Feeling valued is a trait that can prevent nurses from leaving an organization. Managers using praise is not only a cost-effective tool it also takes little time and shows employees that they are valued (Sveinsdottir, Ragnarsdottir, & Blondal, 2016).

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What are some ways that you can think of to show employees they are valued?

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What are some ways that you can think of to show employees they are valued?

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Why Employee Recognition is Essential for Performance Management

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Ways leaders can show rewards/recognition:

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Ways leaders can show rewards/recognition:

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~Verbal praise
~Written praise
~Healthy work environment
~Self scheduling
~Benefits
~Listening to employees
~Education opportunities
~Career growth