Praise. It is the most inexpensive and underutilized tool out there. When your stars do something right, say thank you.
Challenging assignments. Give your top performers the opportunity to work on new projects that build their skills and give them a chance to shine.
Development opportunities. Find inexpensive ways to deepen your stars' skills such as providing mentors or opportunities to teach others.
Non-monetary perks. Most top performers crave things that are intangible and easy to provide, such as flexibility, better work/life balance, or more autonomy.
adapted from "How to Keep Your Star Performers in Trying Times" by Amy Gallo.
