What rewards do you give to the moderators?

I have around 8 moderators in my forum, and I would like to give them a reward/gift/money or something for helping me answer questions. What Kind rewards can I give to the them? Do you pay or give something to your moderators?

I'm not making lot of money from the forum, but some from the other parts of my site.

[Per-Aa]

i run an MMO board and i live in Ireland where i earn relatively more than my mods who live in Poland. I buy sometimes games and Pre-Paid game time Cards for my coordinators and mods when they do something really nice.

Also regulary i make them do a monkey run "who gets more content for the websites" apart from the normal promos which we do for the users

[Dekard]

Originally Posted by Per-Aa

iAlso regulary i make them do a monkey run "who gets more content for the websites" apart from the normal promos which we do for the users

Could you explain a bit more this point?

[scottct1]

I have 25 mods and every year for the holidays I get them all a $25 gift card to someplace like Best Buy or something.

Its the least I can do to say thanks for your help.

[Frozen Tears]

Im planning on a lottery system soon enough, but to make things intresting, its 2 dollars a ticket, but of course the tickets cost fake money. Eventually, a mod is picked and wins a prize.

All my moderators love it, they say it really wants to make them stay a mod so one day they'll win. The money goes PRETTY high too. Highest ever was 230 dollars. Hell of a check for the mod who won!

So basically, i lose some money, but keep my moderators!
But as they say,

you win some, you lose some.

[hotcouponworld]

We have about 40 mods in a 2-tier system of super mods with full board privledges, and sections mods who can only mod their section.

We just started a "mod of the month" where general members are asked to write in about why a mod deserves recognition, and then we reward with a gift of some sort.

Since we're a grocery deals board, we frequently give coupons and rebate forms to our mods as RAOKS. And we do have a few mods we want to start giving a small stipend.

We are going to start doing birthday GCs this next month as well.

Yes, it's a status thing to be a mod, but on our board, it's a lot of work too, so we really want to do the best we can by our group when we can.