Rewarding Employees

01/07/2009

The day the soldiers stop bringing you their problems is the day you stopped leading them. They have either lost confidence that you can help them or concluded that you do not care. Either case is a failure of leadership.
Colin Powell

The very first issue of ExchangeEveryDay was sent out on November 20, 2000 to less than 300 subscribers. Eight years and 2,115 issues later, we now have over 50,000 subscribers around the world. Occasionally we will look back at some of the earlier messages that only 300 of you received that still may be relevant today. Here is one from Issue #2:

In an effort to decrease absenteeism, New York Life Insurance Company holds a lottery for employees who have been at work every day each quarter. In 1001 Ways to Reward Employees (New York: Workman Publishing, 1994) Bob Nelson reported that the first ten employees to have their names drawn earn a $200 bond; the next twenty earn a $100 bond; and seventy more receive a paid day off. A special lottery is held for employees with perfect attendance records for the entire year. The company estimates that this program has resulted in a 21% drop in absenteeism.

New from Exchange: Early Childhood Education Trend Report

Speaking of looking back...for 30 years Exchange has been chronicling the history of and trends in the early childhood profession. Now we have compiled 150 Exchange reports on early childhood trends and history into a single CD Book. Your purchase of Early Childhood Trend Report CD Book includes FREE electronic updates, one per month for the next 12 months, to help ensure you're always on top of the latest developments in this ever-changing environment.

ChildCare Education Institute — Meet state licensing requirements with individual, annual professional development subscriptions now $99. IACET Approved. CEU Eligible. English and Spanish Offerings.

For more information about Exchange's magazine, books, and other products pertaining to ECE, go to www.ccie.com.