Is the time, and price, right? Source: Unsplash/Kyrie Kim.

Bri Williams

Timing matters: Why you should reconsider when, and how, you reward your employees

Bri Williams
3 minute Read

Employees like to be recognised for their efforts, and as employers, we can often sweat over the “what” of the reward. Should it be a gift or cold hard cash, for example? While the type of reward is important, we often overlook the “when”.

The timing of the reward — whether you pay upfront or at years-end, for example, and whether your employees even know there’s a reward on the table — can significantly affect motivation and performance.

Let’s look at three options.

Three kinds of rewards


If/then rewards

The first is a contingent, if/then reward, where payment is contingent upon performance. If you do ‘x’ then you’ll get ‘y’. The promise is made upfront, the payment or reward is received once (and only if) the promise is fulfilled.

Subscribe to keep reading

Get your first 30 days FREE
Learn more
Already a Plus member?


SmartCompany Plus

Sign in

To connect a sign in method the email must match the one on your SmartCompany Plus account.
Or use your email
Forgot your password?

Want some assistance?

Contact us on: support@smartcompany.com.au or call the hotline: +61 (03) 8623 9900.