Microbonuses are
small monetary rewards given frequently by one colleague to another in recognition of a valuable contribution.
If you really want to take it to the next level, you could offer extra vacation days or
small monetary rewards.
In a study published in Psychological Science, participants who were asked to recall a time they felt grateful, then choose between getting
a smaller monetary reward soon or a bigger one later, were more willing to wait for the bigger payout than those who didn't think thankful thoughts.
Employers can offer
a small monetary reward for great suggestions.
Not exact matches
Women prefer
smaller competitions, whereas men seek larger competitions, which are typically associated with higher
monetary rewards.
There is no
monetary reward for supporting a project and sponsors are often enticed with a
small gift such as a signed CD, a free T - shirt or a discount on products in return for their support.
Once I paid off the remaining balance on Card # 2, I sent a snowball to Card # 1 every month, plus have been making
smaller payments as I have extra money — money that I saved from my gas / groceries / miscellaneous budget,
monetary gifts, rebate checks,
reward checks, half of my overtime pay, etc..
For my taste, the
monetary reward is too
small.
For example, making the accomplishment of a task
rewarded with a substantial
monetary reward may actually not make it as desirable as
rewarding the accomplishment with a
smaller monetary award but a larger intrinsic award such as the player's desire for acknowledgement of his or her work in the firm.