POSTS TAGGED : employee reward

How to Incentivize Employees

There are different scenarios where you might be focusing on how to incentivize your employees. You might be looking to hire new employees, for example, which is incredibly challenging right now.

Employee recognition

Hiring new employees and retaining them is probably one of the biggest problems businesses are facing this year.

There are talent shortages, and employees are leaving their positions much more freely than ever before. There are more open jobs than employees are willing to take, and you may need to get creative to bring qualified applicants through your door and accepting positions.

Another reason to think about how you incentivize employees could be to boost productivity.…

Continue reading →

Is Travel THE Reward Scheme Your Company Is Missing?

The influence of employee reward schemes on increased job satisfaction and workplace productivity is well documented. Perks and benefits can drive your staff to excel; inspiring them to maximise their performance to qualify for rewards. Rewards schemes can also make your team feel appreciated and valued, which can support the development of loyalty and a sense of worth within your company.

Colleagues traveling together in a employee travel reward scheme

Put simply; there are a lot of reasons to incorporate reward schemes into your company culture.

When it comes to the deployment of rewards, there are many types of incentive structures available. Common programs include personal recognition — such as employee of the month — and financial bonus schemes for hitting objectives.…

Continue reading →

Simple Ways To Reward Your Employees

One of the most powerful tools to use for employee motivation is rewards. According to the Havard Business Review when you reward top performers in your company effectively, this ensures that you keep employees and make certain they’re happy working for you.

Recognizing employee using award

Rewarding employees does not have to include grand, expensive gestures. Simple, creative, and well-thought-of rewards are great and will go a long way in making sure that your employee feels special, appreciated, and valued.

One of the most common ways of rewarding top performance in the corporate world is by giving Awards Plaques. This is a sure-fire way of igniting feelings of appreciation in the beneficiary and ensuring the person being awarded has a physical representation of the hard work and sacrifice they put in to deliver the best.…

Continue reading →

Why It Pays In Spades To Recognize And Reward Your Top Performers

The importance of rewarding employees for high performance has long been recognized as a powerful management strategy to stimulate better morale and boost greater retention in an organization.

Employee reward

When properly executed, employee recognition programs not only positively impact recipients, but also influence their peers. While some may be incentivized to win awards themselves, others may simply appreciate that they are part of an organization that honors and respects its best workers.

Why Employee Recognition Programs Work

The psychology behind why employee recognition programs work is simple: people like to feel appreciated for the good work that they do. At the end of the day, employees aren’t just thrilled at the reward itself but at the fact that the company they worked for recognized their hard work.…

Continue reading →