Monday, November 24, 2008

Employee feedback: 5 cent experiment

How much should you spend delivering quality feedback to your team each week?

According to the Slacker Manager, “5 cents can be the best investment you’ll ever make in your team.”

Last week, he outlined a great experiment in employee feedback that every manager should try. Anyone with pockets and some loose change can participate.


Every day this week, put 5 cents in one pocket, in the form of 5 pennies. Each time you give someone specific positive feedback, move a penny to the other pocket. Each time you use all 5 of your pennies, start over and move them to the other pocket.

Try to give at least 5 cents worth of specific positive feedback to your team each day.

Repeat this exercise for the next 30 days. If you like to keep score, add up how many cents you’ve shared with your team, and donate the change you’ve made to a worthy cause, or to an office fund that your employees can benefit from.

Not only is it an awesome idea, but it’s a great way to recognize employees on the cheap and takes just a few minutes out of your day. Invest 5 cents in your team this week and let us know how it goes.

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