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Top 5 uses for employee incentive schemes

Incentive schemes can help to improve performance

A well-designed incentive scheme for employees is a good way to motivate staff and help your company move towards its goals. There are a number of different ways they can be used and, if you pick the right ones, you will find such programmes are a cost-effective way to improve performance.

Low cost ways to improve employee benefits schemes

Low cost shopping is an attractive benefit for employees

Opportunities to reward your workforce will be in short supply if your company has been hit by the recession. However, there are still some small steps you can take to improve employee benefits packages without putting too much financial strain on the business.

Why set up a staff retention scheme?

Rewards schemes can help improve staff retention

Staff retention is an issue all companies have to deal with, as losing key workers is both expensive and disruptive. There are ways to reduce the number of employees who leave and not all of them will break the bank.

How should staff reward schemes be organised?

Rewards schemes can improve staff morale

With money tight in the current tough economic climate, companies are looking at alternatives to pay rises to keep their employees motivated. Among the options to consider are staff reward schemes that demonstrate to workers that they are valued by the business.

What do customers look for in a business?

Happy customers are more likely to buy again

With many people finding it difficult to manage their finances in the tough economic climate, it is easy to assume that price is the only factor that can help attract the public to your business. However, you may be surprised to discover how important service is to customers.

What factors help to motivate employees?

Staff value a team ethic in the workplace

Keeping employees happy and focused is a problem every business faces, and one that must be addressed if you want to avoid losing key staff. It can be difficult to come up with ideas for staff motivation, but you at least need to understand what drives them.

Top tips for implementing a customer reward scheme

Reward schemes can encourage customers to spend

In a competitive market your company needs to take steps to make it stand out from its rivals in the eyes of clients. One good way to do this is to implement a customer reward scheme that will incentivise people to buy your goods and services.

Top ideas for employee rewards

Rewarding long service can boost morale

Every employee likes to be recognised for their hard work. This not only boosts their confidence, but also improves morale and can minimise staff turnover at your organisation. Here are some top ideas for effective and popular staff reward schemes.

Do employees value perks and incentives over pay rises?

Reward schemes can help to motivate staff

Everyone would like to be paid more, which is why you will see even very well remunerated people asking for improved salaries. However, only an unwise business owner would seek to rely solely on pay rises to motivate their workforce.

How easy is it to implement staff reward schemes?

Incentive schemes can help motivate staff

An effective employee reward scheme may be just what your business is looking for to keep staff motivated during what are tough economic times. Such programmes do not have to be expensive and can play an important role in maintaining good relations between workers and bosses.

Using online points schemes for staff rewards programme

Manage your staff rewards system online

Whether you are hoping to boost productivity levels or wish to show your thanks to long-serving members of staff, reward schemes are a useful tool to implement in the workplace. However, choosing a system that runs entirely online can benefit employers and workers alike.

What issues affect staff satisfaction?

Vouchers can boost staff satisfaction

Regardless of the industry you operate in or the number of people you employ, you will want your workforce to be happy. As a general rule, staff who are content with their working environment tend to be more productive, so it is worth taking action to ensure satisfaction levels stay high.

Boost business by initiating a customer reward scheme

Use vouchers to reward your customers

The tense financial climate of recent years has – quite understandably – seen people become cautious about how they spend their money. So, with many shoppers watching their pennies more closely, have you thought about how you can get customers to stay loyal to your business? Implementing a rewards programme is a great way to ensure they remain committed to spending their money with you.

What key factors affect customer and staff loyalty?

Boost staff and customer loyalty

Ensuring that both employees and customers remain committed to your organisation has become increasingly vital – yet ever more difficult – in the challenging financial climate. There are many things that may affect their loyalty to you, but through the use of incentive schemes you can make sure they continue to be willing to do business with you.

Improve customer experience and reap the rewards

Improve customer experience and reap the rewards

Customers are the key to good business, which is why it is important to keep them happy at all times. One way to do this is by giving them customer incentives, and improving their experience with you can benefit your firm in the long run.

A step-by-step guide for improving employee engagement

Ensure that you engage with your employees

The economic crisis of recent years has – understandably – had a damaging effect on the morale of many British workers, but have you considered how you can stop this from happening to your team? By boosting employee engagement in the workplace, you can ensure staff feel happier working for you.

Why organise long-service awards for your workforce?

Long-service awards can help to motivate workers

The idea of staff rewards for long-serving employees is far from a new one, but the rationale behind it has changed over the past 30 years. It was once seen as the done thing, but is now viewed as an important part of a staff retention strategy.

Why choose gift vouchers to motivate staff and customers

How gift vouchers can boost your business

In any business, there is scope for improvement when it comes to motivating your staff to perform their best and encouraging customers to spend money with you. Gift vouchers are a versatile tool in these endeavours – but what makes them so popular?

5 top tips for attracting and retaining customers

Attracting new customers can be difficult

The ability to both attract and retain customers has always been a key issue for companies, but the current economic climate means it is increasingly difficult. Consumers and organisations have less money to spend, so you need to be more imaginative when it comes to promoting your business.

Top tips for managers seeking employee engagement

How can employee engagement be boosted?

Employee engagement is among the key points to address in boosting the performance and productivity of your staff. If you're searching for ways to further engage your workforce, read our guide to discover top tips on achieving your aims.

What areas can customer incentive schemes focus on?

How can customer incentives help your firm?

Customer incentives can be used to achieve a variety of ends, from drawing in new business and boosting sales to improving client retention. To find out more about the various schemes available, read our guide.

What does the recession mean for employee motivation?

Boosting staff motivation during a recession

The recession has had a profound effect on businesses in a number of ways, and while you may be primarily concerned with reducing expenditure, boosting sales and improving client retention, you should also turn your attention to employee motivation.

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