The power of appreciation | Why rewarding your staff might be the best business decision

Who doesn’t like an unexpected treat from their employer? Whether it’s a bag of chocolate eggs at Easter, or a grander display, like a company trip to Rome, these tokens of appreciation can go a long way in boosting employee engagement, motivation and morale.

The billionaire CEO and Founder of the company Citadel has made headlines recently for treating his 10,000 strong workforce, along with their families, with a paid for trip to Disneyland Tokyo with private Maroon 5 and Calvin Harris concerts.

Ken Griffith, the mogul worth £36 billion, ensured expenses for the entire experience were covered, including travel, entertainment and childcare. To his workforce he said on stage: “Today, the range of talent we have brought together is simply astonishing. We've created not one, but two firms at the forefront of the industry. Together, we have imagined and built the future of finance.”

Treating staff for their hard work boosts their wellbeing, likelihood of staying at your company, and motivates them to work hard to be able to enjoy the rewards associated with it.