Employee Rewards

From motivating staff to improving your company’s stature - the facts and stats behind employee rewards.

Motivation

Understand what motivates your employees to drive them to their peak performance. A motivated workforce results in highly productive staff helping you achieve your company’s goals. In fact, the Incentive Research Foundation reports that greater motivation can boost performance by as much as 44%.

Engagement

Well-implemented rewards and incentives schemes give employees and customers a reason to engage with your company. Engagement can deliver multiple benefits, but the bottom line when rewarding your workforce is that they will care about your company’s performance just as much as you do.

Recruitment/Retention

Well-developed employee reward schemes can be a major factor in a potential candidate’s decision to apply for and join your company. When assessing a new job. Once on board, employees who are regularly thanked demonstrate greater loyalty, saving time and money on recruitment. 

 

Stature

Companies that reward their staff benefit from better brand reputation. Organisations that regularly recognise their staff are perceived to be more trustworthy, better at treating their customers well and better at being fair.

Inspiration

Inspired employees give their all to their employer, they are constantly striving to be and do their best. This enables them to use their skills and talents to their full potential.

Teamwork

Team-based rewards programmes ensure that employees are encouraged to work together to complete tasks, pooling their talent and utilising each member’s key strengths.

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