(Do you like the owl theme? I thought the students who ended up on the bottom half of the chart didn't earn a cute name and opted for standard levels.)
I assign each student a number so that I can reuse many supplies from year to year. I have a stash of clothes pins with numbers on them. Everyday, each student will have their clip on "Ready to Fly" and as they make choices throughout the day, their clips will move up or down accordingly. For students who end the day on "Owl-standing"or "Egg-celent," they will earn extra class money to shop in the class store on Friday. Students who finish the day on "Ready to Fly" will earn less class money. Students who are below "Ready to Fly" will not earn any money. I chose class jobs everyday, and those students who are on the top half of the behavior chart will be able to have a job the following day. These same students will also have privilege of playing outside, sitting with their friends at lunch, and playing on the ipod/computer. For students on the bottom half of the chart, they will not have these extra privileges. If the student moved down the chart because he did something to another student, (hitting, name calling) he will have to pay a fine for his offense. The fine goes to the student that was wronged (as well as an apology.) Having to "pay" another student for hurting them teaches the students a good lesson. It helps them learn that when you make a mistake, you have to correct it.
I hope this "tweaked" system will work better for my students and allow me to reward those who really deserve it.