Someone in your organization deploys a new process, lands a new client, saves the company money through new efficiency, etc. What do we do? Considering these accomplishments at year end when bonuses and raises are considered is too long to wait. Instead consider some no-cost recognition. Have the CEO send a personal note to the employee acknowledging the event and congratulating the employee. Maybe even have this done in person. Perhaps the congratulations message comes as an email to the employee, with all other employees copied. Recognition for successes is a great, low or no cost way to boost employee morale….which can translate into happier employees that don’t easily leave your firm.