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Having a job these days is by itself is an incentive for many. However, some increased the daily minimum wage for their employees and others gave end of fiscal year bonus as sign of appreciation.
It’s tough time for everyone.
What about PM day to day work on ongoing assigned projects?
Frequent (at least weekly) live virtual 1:1 checks with each team member to see how they are doing and regular virtual team events are important, but most forms of recognition can be delivered as well when in a virtual setting as in an in-person one. You just have to see the proliferation of Zoom-based personal celebrations (e.g. birthday parties, high school graduations) to know that with a bit of imagination and willingness, not being there in person doesn't have to be a barrier.
Recognition is about also seeing everyone as a unique individual with strengths and weaknesses and a good PM will have the EQ needed to gauge when one of their team members is overly stressed or seems "off" and will proactively follow up with them.
Gift vouchers, star of the week, thank for contributions on Linkedin are few things which are in practice. You just need to look around and you will get many more
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