Tips and Best Practices for Managing a Successful Employee Rewards Program
Employees play a major role in the growth and success of an organization. The more dedicated and loyal your employees are, the faster your business grows. However, studies suggest that very few employees feel engaged at work. A major reason behind this is a lack of appreciation from the employers which further leads to a lack of motivation among the employees.
No matter how hard working your employees are, if their hard work and dedication is not appreciated in the right manner and at the right time, they will be discouraged at some point. This eventually affects their performance leading to a negative impact on your organizational productivity.
How do you ensure that this doesn’t happen at your organization? You can do it by appreciating and rewarding your employees when they deserve it. This is where employee rewards programs come into play. Many leading organizations are already running some sort of employee rewards programs to engage their employees. However, not every program is equally successful.
Further in this article, we will discuss some tips and strategies that you can use to run a successful employee rewards program:
What is an Employee Rewards Program?
An employee rewards program is a rewards or incentive system that is designed to engage and retain employees. The objective can be different for each organization. However, the basic purpose is to make employees feel valued for their work and keep them engaged.
In these programs, employees are rewarded for their hard work and dedication in order to encourage them to perform even better in the future. It also gives them a sense of being valued by the company, which further boosts employee loyalty. Employee rewards programs can be of different types and can be customized as per your individual business requirements.
How Can You Run a Successful Employee Rewards Program?
Below are the steps you can follow to design, implement, and manage a successful employee rewards program:
1. Define Your Goals & Align the Program with These Goals
Your first step of designing an employee rewards program should be to identify your goals. The program should align with the objectives of your business. Start by understanding why you need an employee rewards program and what are the issues you want to address with it.
Your goal can be to increase employee retention rates, to boost employee performance, to reduce employee absenteeism, or simply to boost morale among your employees. Determining your goal will help you come up with the right rewards program that helps you achieve your objective.
2. Understand What Your Employees Need
After all, you are designing the program for your employees and hence their preferences matter. You can conduct an in-office survey to understand what type of rewards program your employees will like the most. Another idea is to test different types of rewards and incentives for the few months and then continue with what works the best.
Aligning the employee rewards program with your employees’ needs and interests is crucial to make the program successful. If they do not find it interesting or valuable, they won’t be encouraged to participate in the program. Even if the employees participate, they won’t be engaged by the rewards that do not add any value to their professional or personal lives.
3. Ensure Regular Communication
Communication is the key to building a long-lasting relationship with your employees. While rewarding their efforts is essential, it is also important that your employees are not afraid to communicate. Encourage open, honest, and direct communication in your workplace.
All the employees should be well aware of how the rewards program is going to work. Also, they must feel free to ask questions and resolve their queries regarding the same. All this is possible by establishing a positive work environment, where employees are encouraged to speak and are properly answered their questions.
4. Reward More Often and On Time
Your employee rewards program makes sense only if it allows you to reward your employees frequently and on time. Appreciation and rewards lose their value if not offered on time. Therefore, you must ensure that your employees are appreciated regularly. If you want to reward an employee for performing exceptionally well on a particular project, reward them as soon as the project is completed. Public recognition can be highly effective in such situations.
Your employee rewards program should be designed in such a way that every employee gets equal opportunity to participate and earn rewards. Keep in mind that appreciation delayed means appreciation denied. Reward your employees at the right time, so that they are motivated to give their best in the future projects as well.
5. Ensure Transparency
Transparency also plays a contributing role in employee loyalty. Your employees should have a clear understanding of how the rewards program works. Make sure that they do not feel biased or unrecognized in any manner. Try to keep things as transparent as you can. It builds trust between the organization and the employees, which can positively impact employee engagement.
6. Partner With a Reputed Employee Rewards Program Company
Last but not the least, you can consider partnering with an employee rewards program provider like RewardPort. Designing a perfect employee rewards program is not so easy. It requires proper research and in-depth understanding of what will work the best for your organization. Having years of experience in running over 11k rewards and loyalty programs, RewardPort has the right expertise to do this.
Crafting an Effective Employee Rewards Program
It requires some extra effort to build an effective and potentially successful employee rewards program. You can’t just copy a strategy from the internet, implement it, and expect it to do wonders for your organization. That’s not how it works. Every business has different goals and objectives. Hence, you must create a program that not only rewards employees but also aligns with your organization’s individual requirements.
RewardPort specializes in designing employee rewards programs for every type and size of organization. With personalized rewards starting from as low as Rs. 10 and custom strategies specially tailored to your business, the team of marketing experts at RewardPort will help you create the perfect program for your employees. Designing a custom program will benefit your company in many ways, contributing to a happy workplace.
FAQs
Exploring The Key Benefits of Digitizing Employee Rewards Programs
Employees are always one of the most important assets for any company, and it is important to appreciate the efforts of the employees. For this companies are required to implement employee rewards programs and ensure to motivate, and appreciate their efforts for the company.
Also, in today’s world of adopting digital technology it is becoming a necessity to incorporate the trending digital technologies and digitze the overall rewards programs for employees. As we move forward with this blog, we are going to discuss the benefits of incorporating these digital technologies for activities for employees.
Need of Digitization of Reward Program Employees
As we said, in today’s world of digital technologies, it is essential to incorporate these advanced digital technologies for accentuating the emphasis of corporate employees’ reward. Let’s understand the need of incorporating this.
For every business, its employees are an asset they would like to appreciate for all the hard work and efforts they put in. However, the traditional methods are not effective in today’s world. Therefore, it is required by the businesses to revamp and update these processes into something more interesting, engaging and appreciative for the employees.
With digital technologies and partnering up with brands like RewardPort, businesses can integrate various processes such as gamification to offer the employees an engaging employee rewards programs experience.
Also, these are not only beneficial for the employees but also for the administration, and the business as well. It allows the administration and employees to engage and connect with each other at a better level. Furthermore, it helps to create a stronger bond between the employees and the administration which further results in a motivated employee and better results for the business.
Benefits of Digitization
Now that we have understood why these processes are important and need to be digitzed. Here are some of the major benefits that can be observed as an implementation of digitzing employee rewards programs.
1. Engaging employees rewards activities
We all are getting addicted to technologies and it is indeed making our life simple, engaging and making processes interesting. For this reason, adding digital technologies to a simple process of reward program employees can have an enormous impact on their engagement.
This not only allows the employees to respond better towards these programs but also the administrations get involved evenly and actively.
2. Enhanced employee experience
Engaging the employees with digital technologies can enhance their overall experience with the business. This further allows the employees to feel motivated, and give their best in their work. Additionally, with such digital employee rewards programs makes the employees feel valued, and motivated.
3. Fair recognition and rewards
Once digital technology is incorporated into the rewards and recognition process, it makes the entire process fair and unbiased for the employees. Giving each employee a fair opportunity to make the best out of these employee rewards programs with their efforts and hard work.
Also it helps the employees feel equal irrespective of their designation or any other factor, offering them a sense of equality.
4. Enhanced visibility
Since everything will be on digital platforms, it offers a better visibility to the overall process for the employees and even administrations. This helps to forge a bond of trust and respect among the employees and the company. Furthermore, it allows the administration to keep things transparent, ensuring there are no biased decisions.
5. Better evaluation of KPIs and recognition
Another benefit of these digital technologies is that it can help with a better understanding of the employee KPIs and help with the evaluation process as well. With specific parameters set in an especially designed program, all the employees fulfilling their KPIs would be segregated and offered the recognition based solely on their performance.
6. Easy access to remote employees
It often happens that the remote employees are not part of on-site activities which makes them feel left out. However, with these digital platforms being integrated into your business program you can ensure equal participation from the remote employees as well. This not only makes it equal for all the employees, but also makes the remote working employees feel valued, included and as a part of the business.
Now that we have discussed some of the major benefits of integrating digital technologies into employee rewards programs. Let’s have a look at some of the available options for activities for employees and reward program employees that you can integrate into your strategies.
Employee Rewards Program with RewardPort
Being a leading provider of loyalty program services in the country, RewardPort ensures to offer you in-trend and technologically advanced corporate employees reward programs that you can integrate into your business.
We at RewardPort understand the value of a dedicated, hard working, loyal and motivated employee. This has motivated us to design these programs and activities for employees that can be integrated with the digital technologies such as:
- Scract2win: where the employees are given a digital scratch card for an engaging reveal of their reward.
- CineRewardz: offers the employees with online movie vouchers which they can avail and have a relaxing day while watching movies with their friends or family.
- Gamification: integrating several activities on the platform such as spin the wheel, and slot machines for an engaging experience for the employees.
- Digiflix: offers you with online vouchers for 50+ OTT platforms, for a relaxing and calming day.
Concluding Points
When desgining rewards and recognition for your employees, it is essential to consider the best possible options. Therefore, it is no doubt that RewardPort is your ideal choice when it comes to a reward program for employees.
Here you get the best, dedicated consulting sessions with experts to help you have a seamless rewards and recognition process. For more details you can get in touch with the support team which is available round the clock for your support.
Multi-Tier Incentive Programs: Maximizing Impact Across the Channel Ecosystem
Imagine trying to motivate a team where everyone has different roles, responsibilities, and goals. What excites a distributor might not interest a retailer, and what drives your sales team might not resonate with influencers. It’s a challenge many businesses face when managing a diverse channel network. The solution? Multi-tier incentive programs. These programs are designed to cater to the unique needs and motivations of each group within your channel ecosystem, ensuring everyone is aligned, engaged, and pushing towards the same objectives.
What Are Multi-Tier Incentive Programs?
Multi-tier incentive programs are like a finely tuned engine, designed to power your entire channel network by offering targeted rewards to each stakeholder. Rather than a blanket approach, these programs acknowledge the different roles and contributions of each partner, providing tailored incentives that drive them to excel.
Why They Work:
Different roles require different motivations. What sparks a distributor’s enthusiasm might fall flat with a retailer. Multi-tier programs recognize these differences and offer rewards that resonate with each group. For example, distributors might be incentivized with bulk purchase rewards, while retailers could be driven by point-of-sale bonuses. By tailoring rewards to the unique needs of each partner, you ensure they feel valued and motivated.
Benefits of Multi-Tier Programs:
- Customized Rewards: Tailor incentives to match the distinct roles within your channel ecosystem, ensuring that each partner feels appreciated for their specific contributions.
- Enhanced Engagement: Addressing the individual motivations of different stakeholders leads to higher participation and engagement in your programs.
- Unified Strategy: Even with tailored incentives, the overall strategy remains cohesive, aligning all partners towards your broader business goals.
How RewardPort Makes It Happen:
At RewardPort, we specialize in creating multi-tier incentive programs that deliver measurable results. Our platform makes it easy to manage different reward structures within a single program, ensuring that all your partners—from distributors to sales teams—are motivated and aligned. Plus, with our powerful analytics and reporting tools, you can track performance and continually optimize your program for even greater success.
With a well-crafted multi-tier incentive program, you can ensure that every partner—whether they’re a distributor, retailer, or sales team member—feels recognized and motivated. By catering to their unique roles and needs, you not only drive individual performance but also create a unified force working towards your company’s success. If you’re ready to take your channel partner program to the next level, RewardPort is here to help you design a strategy that delivers results across your entire ecosystem.
Employee Engagement Trends to Watch in 2024: Building a High-Performance Workplace Culture
Employee engagement is one of the biggest driving forces contributing to the success of any business. Since the employees are the backbone of any business, it is essential that the employees are provided with a sense of belonging and satisfaction with the company.
Loyalty program providers such as RewardPort are ensuring that companies are indulging in reliable employee engagement ideas such as employee rewards and recognition programs. These programs help employees to feel valued, and motivated, and hence, plays a major role towards the success and growth.
In this blog, we will be discussing some of the top trending employee engagement ideas that can be implemented for better results in your workplace.
Understanding Employee Engagement
Employee engagement activities are not only important for the employees but also an essential part for the company and the management to create a deeper bond and connection with the employees. These activities allow the company to recognise, reward and motivate the hard-working, dedicated employees for their efforts.
These employee engagement activities also help to create a healthy environment in the workspace ensuring a healthy communication channel, with increased growth rates, high retention rates and increased productivity as well.
As per the requirements and preferences of the company and employees, these employee engagement activities can vary from employee rewards programs to other engagement activities. Here are some of the most common and trending employee engagement ideas for you to integrate in the year 2024.
Employee Engagement Ideas
Having discussed the necessity and importance of employee engagement ideas being integrated into business processes, here are some trending ideas that you can explore in 2024 for your company.
1. Employees as Brand Ambassadors
First and foremost thing to consider for any business or company is to start recognizing their employees as the brand ambassadors for their company. The people working for you are not just your employees but are a source of marketing and projecting brand awareness in the market.
Treating your employees as brand ambassadors for your company would not only make the employees feel valued but will also help to enhance their confidence in the company, in the policies and even in their own skills.
For this, you can start by offering them various additional benefits or vouchers, such as movie vouchers which offer them a relaxing experience. For this you can integrate CineRewardz from RewardPort and let your employees have a relaxing experience.
2. Integrating Advanced Technology
In order to make your employees’s working environment by adopting new, advanced technology that is relevant to their working environment. Using AI-ML integrated tools and technologies which can help to reduce their workload and enhance productivity.
With the help of such tools and technologies, the employees can not only increase their efficiency but also reduce their work pressure and have a work-life balance.
3. Skill Development
Your employees require constant skill development to brush up their skills, and learn new skills that can help them have a better working efficiency, and enhance their productivity. Organizing regular skill development sessions will further contribute to uplifted morale for the employees along with a motivation and confidence to perform better in their respective fields.
4. Employee Rewards and Recognition
Each employee that is working in your organization is giving their best to contribute to the growth and development of the organization and their personal growth as well. To ensure that the employees are feeling motivated, confident and valued, organizations can start offering employee rewards and recognition on achieving their set targets.
For each team and department, these targets can be defined, with a constant evaluation of the employees. Integrating employee rewards programs at a regular interval can further ensure increased productivity from the employees throughout.
Offering employee rewards and recognition, different elements can be integrated such as movie vouchers, free gifts, discount coupons, air travel coupons, and others. RewardPort being one of the leading providers of such employee engagement programs can offer you different programs such as CineRewardz, FreeBucks, DigiFlix, Subscription Nation and others.
5. Workplace Wellness
Another important element of ensuring employee engagement is by ensuring workplace wellness programs. These programs allow the employees to come forward with their queries, suggestions, and any other issues and have a clear communication with the management.
In addition to this, to ensure workplace wellness, team outings, offsites, hybrid and flexible working hours can also be introduced. This would help the employees to relax, focus better on their personal and professional life.
6. Feedback Sessions
Another trending employee engagement ideas that can be integrated into your workplace are introducing feedback sessions or open communications. This would allow employees to engage with the management, talk about their experiences, expectations, issues and offer any suggestions.
Holding these regular feedback sessions would encourage the employees to engage not only with the management but with the other employees as well, and create a bond that would uplift the overall ambience of the workplace, contributing to the increased productivity and growth of the company.
Concluding Points
In the above discussion we have mentioned some of the most trending employee engagement ideas that can be implemented in your organization. Furthermore, we have also understood the importance of incorporating such employee engagement activities in your organization. The last point of discussion here is how to get these implemented.
RewardPort being one of the leading providers of loyalty programs and other employee engagement activities can offer you with the best possible solutions. Here you get a highly professional team with round the clock support and assistance for implementation and any other issues.
How has the employee rewards program changed the dynamics of employee performance?
Whenever a business talks about its backbone or the biggest supporter, it usually refers to its employees. To ensure these employees are rewarded, motivated, and appreciated companies integrate employee rewards program.
For every company it is essential to implement such employee rewards programs to retain their employees and encourage them to perform better. In a survey conducted it has been found that 85% of employees tend to stay back with a company where they feel valued.
This value usually comes from recognition and motivation which if provided on a regular basis can have a significant impact on the employee’s retention rate. Further in this blog we will be discussing how an employee rewards program impacts the employee performance and helps in retention as well.
Defining Employee Rewards Program
A set of activities being implemented by any company to boost the morale of employees and motivate them to perform better, recognize and reward their hard work is defined as a successful employee rewards program.
In a survey it has been observed that 40% of employees expressed the need of being recognized and rewarded for their achievements and dedication. In addition to this, in a company where employees are rewarded and recognized regularly for their efforts, their working efficiency tends to increase up to 45%.
A motivated employee will feel more enthusiastic to work and perform better in the workplace. This will not only improve employee’s efficiency but will also improve the overall performance and growth of the company as well.
Benefits of Employee Rewards Programs
Having discussed the basics of implementing an employee rewards program, here are some of the major benefits that you can reap off.
1. Increased Productivity
Implementing an employee rewards program motivates the employees which results in increased productivity of the employees. In addition to this, employees tend to take more responsibilities as they feel valued in the company and feel belonged.
2. Enhanced Working Environment
Another benefit is that it enhances the work environment. As all employees feel valued, motivated, and valued there are less disputes among employees and hence creates a more positive work environment for all the employees and management as well.
3. Boost Morale of Employees
Rewarding employees at a regular interval keeps their morale high and pushes them to keep performing better every single day. These rewards and incentives work as a source of motivation for the employees to achieve their targets.
4. Optimize WorkFlow
Next benefit is that it allows employees to come forward and discuss any issues they might be having. This helps to optimize the workflow for increased productivity and efficiency.
5. Increased Retention Rate
Motivated and encouraged employees tend to stay for a longer period of time with the company, hence, increased retention rate and less work for the HRs to retain the employees.
Intrinsic & Extrinsic Motivation
Now that we have talked about motivating employees with different strategies. Broadly there are two types of motivational techniques- Intrinsic and Extrinsic.
As the name suggests Intrinsic motivation comes from within such as personal development, sense of fulfillment, achievements, passion and others. Whereas extrinsic motivation comes from external factors such as bonuses, rewards, incentives, or promotions.
Employee Rewards Programs are a combination of both intrinsic and extrinsic motivation. It uses extrinsic rewards or motivation to ignite intrinsic motivation. This further results in increased productivity, higher efficiency and higher performance as well.
Employee Rewards Programs Examples
Moving forward with the discussion, let’s have a look at some of the most common and successful employee rewards programs that have been implemented by companies.
1. Performance Based Rewards
First and foremost criteria is offering performance based rewards to employees. It includes programs such as ‘Employee of the Month’ or ‘Star of the Year’. For this category of rewards you can integrate different programs from employee rewards programs companies such as RewardPort and offer your employees best rewards.
2. Gift Cards or Incentives
Offering gift cards or incentives for achieving their targets is another form of recognition or reward being offered by companies to their employees. CineRewardz by RewardPort is a perfect example of this which allows employees to have a relaxing time and enjoy a movie show.
3. Weekend Getaways
Next most common example is to offer your employees a weekend getaway which is sponsored by the company. Here you offer your employees or selected employee air travel tickets and can integrate AirPac by RewardPort for the same.
4. Public/Social Recognition
Everyone loves public recognition and getting recognised on company social media profiles. This pushes the employees to perform better and work with enhanced dedication.
5. Peer Recognition
When your peers recognize your efforts and dedication, that recognition feels even better. Hence integration peer recognition is another form of employee rewards program to be integrated in your strategy.
Employee Rewards Programs Companies
When it comes to integrating employee rewards programs in a business strategy, there are various employee rewards programs companies available that can help you with the process. Companies such as RewardPort offer you with these opportunities and services to recognize and reward their employees.
With RewardPort you can easily integrate different programs, customized as per your needs as well. The expert and experienced teams here offer you enhanced services, expert guidance and campaign tracking as well to help you assess the effectiveness.
Furthermore, these services can offer you a simple process to help you keep your employees motivated throughout and recognize their efforts. In addition to this, the expert team is also available round the clock for any support required.
For more information please get in touch with our team today!
Employee Rewards Programs: The Key to Enhanced Employee Performance
For every business it is essential to recognise the employees for their contributions and hard work. In today’s world where an employee is juggling multiple responsibilities, it is becoming increasingly important to show them appreciation for their efforts and dedication. For this businesses are required to integrate employee rewards programs into their strategies.
Giving your employees a pat on the back for all their hard work and dedication is going to benefit you in the long run and further contribute to the success of your business. What’s required is for you to focus on the employee appreciation and ensuring they feel motivated throughout.
What are Employee Rewards Programs?
In simple words, activities for employees are integrated by the company to ensure that the employees are motivated and appreciate their hard work being put in for the company’s growth. For this companies are required to recognise, appreciate and incentive the employees.
This process of offering corporate employees reward have a positive impact on the employee’s motivation and mental well being as well. A motivated employee can perform ten times better than a demotivated employee. Hence, integrating such programs for employees is required.
Key Elements of Employee Rewards Programs
Moving forward, let’s have a look at some key elements that make reward program employees a successful campaign for the company and employees.
1. Spontaneous Recognition
First and foremost point to consider while designing activities for employees is to keep the entire process spontaneous for the employees. This would keep the employees motivated to perform and be on top of their game throughout the time.
Additionally, having a spontaneous programs for employees will ensure maximum efficiency of the activities being performed. This would motivate the employees throughout and push them to deliver their projects on time and make them more enthusiastic to participate in these events as well.
2. Equal Participation & Opportunity
Ensure that all the employees and teams are given fair opportunities and chances for participation. This would ensure that there is no bias and the process is fair for all the employees and team members as well.
To ensure equal participation you can motivate the employees to come forward with their thoughts and ideas that can be integrated, make them feel valued and appreciated. This way employees will be participating in these activities and will be performing as well.
3. Maximum Visibility
While integrating or implementing activities for employees, one important point to consider is the visibility of the campaign. For this to ensure proper communication, all employees should be aware of the campaign and the communication should be visible to all.
Maximum visibility will further increase the chances of the employees to come forward and participate in the activities for employees.
4. Aligned with Objectives
The corporate employees reward program that you are integrating should also be aligned with your company objectives as well. This would further ensure that the employees feel valued as they see you valuing your company objectives as well.
5. Frequent Recognition
These recognition programs should be frequent: on a monthly basis to further ensure employees feel rewarded, valued and appreciated. In addition to this, frequent recognition will also ensure that employees are highly motivated to perform better and are keeping up with their performance as well.
6. Meaningful Incentives/Rewards
The incentives or rewards that are being offered to employees should be meaningful and not for the name sake to actually have an impact. Offering rewards that employees can relate with will further ensure that employees are motivated to achieve more such rewards and recognitions in the future, hence, motivated to perform better.
Integrating Employee Rewards Programs
Now that we have established the most basic and important points of employee rewards programs, let’s glance through some examples of available reward programs employees.
1. Employee of the Month
One of the most common activities for employees to integrate is ‘Employee of the Month’. This allows employees to keep their performances on top and earn the reward. For this you can give your employees various gifts such as movie tickets, discount coupons for making them feel rewarded.
For this you can integrate CineRewardz with RewardPort and offer your employees a relaxing gift on this ‘Employee of the Month’ ceremony, instead of giving away just a certificate.
2. Birthday/Anniversary Celebration
Next is to celebrate employee birthdays and their work anniversaries. This would again make them feel valued and appreciated for their hard work. For this you can offer the employees a variety of gifts that they can leverage such as Sweepstakes, Subscription Nation or others from RewardPort.
3. Wall of Fame
Adding a wall of fame in your office where you can post the achievements of all the employees, and post pictures of high performing employees. This would motivate all the employees to work better and put in more effort.
4. Activity Friday
You can designate Friday as the day of the week where you can execute or plan for different activities for employees that would offer them some time away from work and help them relax as well.
Further in these activities also you can reward a small gift to the winning employees and make them feel more appreciated. This would motivate other employees to participate and win rewards in the next games.
RewardPort and Employee Rewards Programs
Having discussed all the major points of integrating an employee rewards programs to be integrated in the system. The only key aspect left is choosing the right partner to help you through the entire process of integrating and implementing these reward programs.
RewardPort being a leading loyalty program provider is fully equipped to offer you such programs and allow you to get the programs customized as per your needs as well. In addition to this, the highly experienced team also allows you to get more insights about your campaigns.
Get in touch with our expert teams today.
Why is Employee Engagement Important for Retaining Employees?
Employees for any business are their dedicated gems that contribute to the growth and success of the business. In order to keep these gems shining it is necessary for businesses to appreciate their efforts by integrating some employee engagement programs into their strategies.
Any business would not want to lose its employees and replace them with new one’s hence, these employee engagement and loyalty programs are a must. Businesses these days are becoming more attentive to their employees and are trying different ways to retain them, where employee engagement programs are trending.
Why is Retention Necessary?
Around 80% of HR experts have said that employee retention is a must for all the businesses and hence, it is imperative that certain strategies, employee engagement programs are implemented to ensure this.
Employee retention is beneficial for the business as it helps to reduce the time and resources spent in the overall process of hiring and retaining which can be taxing for the business and even the employees involved in the process. Apart from this, productivity of the entire team dips in when these changes are being made, hence, the business faces certain challenges and losses.
Furthermore, for every business’s success its employees are responsible and are to be appreciated via these employee engagement and loyalty programs. For this certain employee engagement rewards can be offered as a token of appreciation for their hard work and dedication.
Impact of Employee Engagement
When employees feel engaged and valued, they are more likely to continue working with the organization for a longer period of time. Employee engagement program are further required to ensure that employees can communicate openly about the issues they are facing, any challenges or hurdles.
With an effective employee engagement and loyalty program, employees can openly communicate and grow in an appreciative environment. Along with this, it helps to make the workplace a better place for all. This contributes to the success of the business and its employees as the environment is good for all to work and their efforts are being counted, appreciated and rewarded.
Furthermore, this supportive environment contributes to productive and effective working which results in being recognized and rewarded for their hard work.
Moreover, here are some tips for you to follow while devising an effective employee engagement program.
1. Onboarding Sessions
One of the best ways to ensure employee retention is by starting it from the first day itself with a robust and detailed onboarding process. For this you can use internal communication channels to let the employees know about a new employee joining which can further help the new employees to settle down easily.
Here you can offer the new employees certain appreciating tokens or onboarding gifts for them to have an enhanced experience.
2. Open Conversations
Every month set a date aside for the employees to have an open conversation and discussion with the management regarding the issues and challenges they are facing. This would allow an easy flow of communication and allow both the parties to get on the same page.
Furthermore, this would help the employees to feel heard, valued and comfortable once the issues are addressed from the management.
3. Peer to Peer Appreciations
Another aspect of offering employees appreciation is the one that comes from their peers. Since peers work closely with each other, they can offer a better overview and appreciation of the peer’s work. Additionally, the appreciation coming from the peers have a major impact on the working efficiency and productivity as well.
For this appreciation, different employee engagement rewards can also be integrated such as CineRewardz by RewardPort to offer free movie vouchers, Sweepstakes, and Scratch 2 Win to offer additional rewards.
4. Feedback Sessions
Organizing detailed feedback sessions every few months can further help employees to communicate their challenges and issues while also offering their feedback on the management policies. This can help the management to better understand the employee’s needs and offer them suitable solutions.
5. Monthly Events
Company getaways, dinners or any other events can be organized for the employees to engage and take some time off the work to relax. For this you can either plan a dinner with the entire team, or plan an offsite trip while integrating AirPac by RewardPort to offer flight tickets and vouchers to the employees as a form of appreciation.
6. Internal Communication
Lastly, having a robust internal communication channel to track the progress of the employees and their achievements based on which the employee engagement rewards can be offered. These rewards can however range from a couple of movie voucher tickets, discount coupons, social media recognition, to limited time subscriptions to certain OTT platforms and others by integrating RewardPort.
As a result of integrating such employee engagement activities, it has been observed that 20% of employees feel motivated to offer new perspectives and ideas at the workplace and feel appreciated as well.
It further indicates that having robust employee engagement programs will help the employees to have a better understanding and bonding with their employers and will be retained for a longer period of time.
Employee Engagement with RewardPort
In the best interest of employees and the employers having an effective employee engagement and loyalty program is a must and is to be implemented by all. Hence, it is important that these employee engagement programs should be integrated from a leading provider such as RewardPort.
With RewardPort’s excellent and experienced team it becomes easier for the brands to integrate, track and manage these employee engagement rewards and programs. Furthermore, these can be customized as per the needs of the business and suit the requirements to offer better results.
For more detailed you can get in touch with the expert team of RewardPort and get your employee engagement program integrated today.
What are the best employee engagement ideas to implement in your business?
For a brand and a business one of the most important factors and the backbone of the brand is its employees. If a brand knows how to integrate employee engagement activities into their culture to keep the employees appreciated and engaged, the brand is to get success.
If you are also looking for some ideas for integrating employee engagement activities and employee rewards and recognition, you have landed the right page. Here in this blog we will help you understand the benefits of employee rewards and generate employee engagement ideas.
What is Employee Engagement?
To keep its employees engaged and appreciate their hard work, efforts and commitment to the brand, it is required to have a regular activity in the form of employee motivation rewards, and other employee recognition and rewards.
Now depending on the brand these activities can differ in their nature and can be customized as per the needs of the brand as well. For this you can integrate a loyalty program provider such as RewardPort to incorporate employee engagement programs.
Benefits of Employee Engagement Program?
Before we dive into the different employee engagement ideas, let’s have a look at the benefits of integrating these employee rewards and recognition programs.
- Increased employee productivity
Integrated employee rewards and recognition will help the employees to feel appreciated and feel their efforts are being acknowledged by the brand, hence pushing them to do more and put more effort, hard work and deliver their tasks with more determination. This increases productivity of the employees and pushes them to achieve more.
- Better retention rate
If the employees will feel valued, they will sustain with the brand for a longer period of time hence, higher retention rates. This will further push the employees to work more dedicatedly with the brand and offer better results, experience growth in the professional life.
- Better performance
An appreciated employee will work harder and put in more effort which will result in a better employee performance rate. Furthermore, offering the best performing employees with employee recognition and rewards will further have a positive impact on their performance.
- Build loyalty
An appreciated employee is always loyal to the brand and has a sense of loyalty towards the brand that pushes them to stay with the brand for a longer period of time and give in more effort. This further helps to develop a bond between the brand and the employees.
- Increase employee morale and motivation
One of the major benefits is that it provides motivation to the employees and boosts their morale while appreciating the efforts and dedication. This further helps the employees to feel connected and as a part of the brand.
Employee Engagement Ideas
Now that we have discussed what employee engagement is and how beneficial this is for a brand to integrate this in their culture for better performance and employee retention. Moving on, here are some of the best employee engagement ideas that you can integrate into your strategies for enhanced results and employee engagement.
- Gift cards
One of the ways to offer employee rewards is to offer gift cards of any amount that’s suitable as per your brand’s budget. This strategy can be integrated for a monthly appreciation and employee engagement process.
- Movie vouchers
The next way of integrating employee motivation rewards is to offer the employees with movie vouchers via a loyalty program provider such as RewardPort for better customized services. With RewardPort you can avail CineRewardz as one of the ways of integrating and offering movie vouchers to the employees as appreciation and motivation.
- Monetary incentives
One of the traditional ways is to offer monetary incentives as a form of employee recognition and rewards. However, instead of giving direct monetary rewards you can also offer extra incentives, or integrate Free Bucks with RewardPort for enhanced services.
- Travel vouchers
Another way of offering reward and recognition to employees is by offering them travel vouchers by integrating VacPac and AirPac with RewardPort. You can integrate these for offering your employees an annual incentive or reward and recognition for best performance or innovation throughout the year.
- Discount coupons
Next you can offer discount coupons to employees for online shopping and other platforms and reward their efforts towards the growth of the brand. These discount coupons can be availed on their purchases and offer them an enhanced shopping experience.
- Social media recognition
Offering your employees recognition and appreciation on a social media platform further works as a morale booster for the employees. It is essential that their efforts are recognised and rewarded with such activities. This will further push the employees to perform even better and get recognized on different social media platforms.
- Peer to peer appreciation
One of the best forms of appreciation is peer to peer appreciation. This has more impact than any other form of appreciation as it is coming from peers and pushes you to perform better in the future for more such opportunities.
Employee Engagement Activities
Another aspect is to have employee engagement activities such as open feedback sessions where the employees can come and talk about their experiences and offer their suggestions, and feedback. This will help the employees to feel connected and as a part of the organization hence, creating a loyalty bond with the brand.
RewardPort and Employee Engagement
Brands such as RewardPort offer you best possible methods and processes to integrate in your brand strategies to increase employee engagement and offer employee reward and recognition for increasing the productivity of the employees.
With RewardPort you get solutions such as CineRewardz, SweepStakes, FreeBucks, Scratch2Win and other processes. Here you get an expert and highly professional team to help you integrate these processes in your brand and avail benefits of these processes. Furthermore, these can be customized as per your requirements to deliver the best results.
Creating a successful employee rewards program.
The biggest support or the backbone of a successful company is its employees. For a company it is essential to reward their employees and recognize their efforts in the company’s success as well. Hence, integrating employee rewards programs is one of the best ways to achieve this.
Now, depending on different companies and their cultures, these employee performance program can vary. However, here in this blog we will be helping you to understand the basic nature of creating a successful employee rewards programs.
Decoding the Employee Recognition
Essentially, an employee recognition or employee rewards programs is the process or system that allows a company to recognize the efforts and achievements of its employees, while also rewarding them for their work.
For recognition programs, organizations often leverage their internal platforms with the intent of boosting the employee morale and motivating them for better performance throughout the year. This also allows the organizations to identify the best talents which are further retained, motivated, and appreciated.
It’s not that all brands cannot integrate a successful employee task reward program, what they lack is the knowledge and the resources to do so. Hence, it is advisable to integrate the right partner such as RewardPort which can offer you better employee rewards programs.
Why Integrate this Approach?
Defining the basics, now we move on to provide you with the details as to why these programs are beneficial for a company and for their employees as well. Here are some of the most common benefits that come along with it.
- Employee retention
If your employees feel their efforts are being recognized and rewarded, it encourages them to stay or work for a longer period of time with the company. Developing a culture of rewarding and recognition will help in employee retention rate which further enables them to have a sense of belonging within the organization.
- Increased employee engagement
Regularly conducting employee engagement activities and employee task reward program will allow the employees to have better engagement in all the activities and tasks. This further promotes better communication within the organization and the employees.
- Better communication
These rewards and recognition programs would offer the employees a platform to speak up about their mindset. This would further encourage employees to get involved in conversation with the management and have an open conversation. This allows the employees to keep forward their issues and queries and the management an opportunity to solve their queries and further improve the work performance along with culture.
- Enhanced performance
Since the employees are recognized and rewarded for their efforts it will further push them to perform even better. For this employee performance coupon program are integrated such as effective sweepstakes promotion for offering rewards to employees.
Elements of Employee Rewards Program
Moving on, let’s have a look at the key elements that you need to consider while creating your employee performance program.
- Parameters for performance evaluation
Identify certain specific parameters for performance evaluation for different teams. This is necessary as the parameters that you use for the sales team are not relevant for the marketing team, hence each team needs different parameters.
- Employee task reward program fair
Consider all the employees and all teams in the performance evaluation process to make it fair for all. Don’t involve any factors that might make the process biased in favor of any particular team or employee.
- Include certain surprise elements
If you open up all the elements of the employee rewards program, you are taking the thrill out of it. Hence, keep an element of surprise, be it the rewards or the evaluation process. This will further push the employees to be more excited about the program and would work even better to achieve the recognition.
- Regular performance valuation and recognition programs
These employee task reward program should be conducted on a regular basis as this would keep the employees motivated and their morale high. Further enabling the employees to perform better and achieve their goals.
- Open communication space
Include an open communication space where the employees can offer feedback and talk about their queries, experiences which the management can work upon. This would make the employees feel heard and appreciated by the management.
Rewards and Recognition
For a successful employee performance program, here are some rewards and recognition ideas that you can integrate into your company. Additionally, another important factor to consider here is that you involve the right partner that can help you implement this process such as RewardPort. With RewardPort effective Sweepstakes promotion you can offer various rewards to your employees.
- Monetary rewards
Either you can offer additional incentives as a part of your employee task reward program or you can provide incentives along with the regular payouts.
- Social recognition
Leverage the social channels and offer your best performing employees a social reward by recognizing them on social media. This would help them get more motivation and urge to perform better in future as well.
- Gift cards
You can offer your employees gift cards. Creating successful sweepstakes with RewardPort for an effective rewards and recognition process would further enable you in this process.
- Personalized gifts and hampers
Depending on the best employees’ you can give them a personalized gift which has more effect as compared to any other gifts. This provides them a sense of personal belonging with the company and hence more connection.
- Trip or travel vouchers
Lastly, you can offer your employees travel vouchers with effecting Sweepstakes promotion. This would help your employees to take time off and relax a bit after the hard work they are putting in for the company.
Concluding Words
Loyalty program companies such as RewardPort offer companies a chance to integrate an effective sweepstakes program in their employee rewards program and motivate their employees for better performance.
Offering employee performance coupon program would further enhance the employee performance throughout and a motivation for them to work better in the future to get the rewards and recognition as well.
What are the different forms of employee rewards programs leveraged by brands?
For any brand or a company, its employees are its backbone and strength. The only way to keep the employees for a longer period of time is to recognize and reward their efforts and hardwork. For this companies implement different strategies such as employee rewards program.
Let’s first understand what an employee rewards program is.
Decoding Employee Rewards Program
As the name itself suggests, an employee rewards program is a recognition program that a company implements in its process to recognize and reward employees for their dedication, hard work and constant efforts.
Also these are often used as employee program retention programs to ensure that an employee doesn’t leave the company abruptly. Furthermore, these programs also allow an employee to provide feedback and views on different policies of the company.
Elements for an Employee Program Success
If you are designing an employee program engagement, here are some crucial elements that you should consider including.
First and foremost, start with employee feedback. If the company takes employee feedback and implements even a few points for improvement, your employee program retention rate is already increased. This allows employees to feel valued and heard and won’t quit the company.
Secondly have a clear communication about how the performances would be monitored and how often these employee reward program would be implemented. This would keep transparency in the company and allow employees to focus better on their performance and improve the factors where they are lacking behind.
Next step, be specific about the rewards and incentives for employee performance being distributed. This would further allow the employees to set their expectations and put in more efforts to achieve the rewards that they wish to. This would allow them to perform better and give their best performance throughout the year.
Also, you need to have a clear communication about the employee program engagement. This would create an environment where all employees would feel included and valued, further allowing them to form a bond with the company.
Different Approaches of Employee Rewards Program
After discussing the basics and elements of an employee rewards program, let’s have a quick look at some of the most common approaches being implemented in companies to boost employee performance and increase retention rate as well.
- Monetary incentives
In monetary incentives there is a fixed amount of money that is being awarded to the employee as a form of reward. This money is usually given in form of bonuses, appraisal, salary raise, or travel cards. This allows the employee to feel valued and builds a sense of belonging with the company.
For this you can partner with a loyalty program provider such as RewardPort and leverage their different services to integrate the most suitable services in your strategies.
With RewardPort you can explore CineRewardz, Subscription Nation, Free Bucks, Digiflix and others for employee rewards program.
- Peer to peer appreciation
It is important for the employees to get appreciated by their peers as well. For this you can ask the employees to nominate the best suitable employee as per their preference. This way not only the management, but the employees are also appreciating the efforts of their peers which further boosts their morale.
- Non-monetary incentives
For non-monetary incentives you can give your employees different rewards such as trips, dinner with family, extra days off. This way you are not only rewarding your employees but also providing them an experience that they can associate with the company in future.
- Social recognition
In the digital world it is essential to offer your employees recognition on the digital platform as well. This way your employees will feel motivated to give their best performance in the future. Also, this will allow your employees to share their experiences on the digital platform, offering visibility to the employees and the brand as well.
- Creative awards
Get creative and reward your employees with creative and personalized gifts by offering them different titles such as ‘problem solver’, and ‘creative thinker’. These can be implemented if you have regular employee appreciation activities. Further for personalized gifts you can reward your employees with different things such as planners, bags, and shirts personalized for the employees. This way you are allowing the employees to associate the company with those objects and associate themselves more with the company and generate a sense of belonging.
Now that we have discussed the most popular employee rewards program, let’s have a quick look at the possible benefits of integrating such activities into the company strategies.
Benefits of Employee Program Growth Opportunities
Some of the major benefits observed are as follows:
- Increased employee retention rate
- Employee loyalty
- Better working conditions and environment
- Employee performance enhanced
- More growth opportunities for employees
- Increased employee engagement
- Better team communication
The above-mentioned benefits allow a company and its employees to grow together and work in better conditions for maximum output and enhanced performance.
Employee Program Engagement with RewardPort
We have established the importance of integrating an employee rewards program in a company. Also, we have talked about the most common approaches of employee engagement program that companies employ for enhancing retention rates and boosting employee performance as well.
Furthermore, for doing all this you need a right partner that can help you achieve all this without any hassle. RewardPort is one of the leading loyalty program providers in India that can offer you such services to be integrated in your company.
Here at RewardPort you can explore different services such as CineRewardz, Digilfix, Freebucks, Sweepstakes, and others. These services are designed to offer your company loyalty programs that can be customized as per your needs as well.
Additionally, these can be integrated hassle-free and you can further keep a track of all the activities for better analysis. For more information get in touch with the expert team here at RewardPort and pick your employee rewards program today.
Employee Engagement: Appreciating the Efforts and Hardwork
A most often asked question, yet most people cannot answer it correctly- what’s the strength of a company? People tend to neglect the most basic element of any company- its employees.
If your company’s employees are loyal toward the company, no one can stop the brand and its employees from growing and achieving great heights. Although it has been already said enough, it’s a fact that if you take care of the employees, they will take care of the brand. Hence, having an effective employee engagement program is necessary for a brand.
Key Points to Consider
Understanding the basics of employee engagement is necessary before you start strategizing the engagement program for your organisation. Here are a few points that need to be considered before developing any employee engagement program.
- Clear Assessments
Have a clear assessment of the purpose of the employee engagement program and consider all the factors that you would like to highlight.
- Understanding Employee Needs
Give some thought to the needs of the employees, learn what they need and how you can fulfil their needs with this program.
- Objectives of the Program
Make the objective of the program clear with everyone and avoid any kind of bias or confusion.
- Clear Communication
Make a clear communication about the objective and goals of the program, along with the criteria of assessment if any.
- Leadership
Let the leaders step in and appreciate the efforts and hard work of the employees and make them feel motivated.
- Brand Value
Try to incorporate the values and vision of the organisation in this program as well, as to make the employees feel valued and seen.
Benefits of Employee Engagement
Just like any other campaign or program run by the organisation, the employee engagement program also plays an important role in the company. Here are some of the most common and visible benefits of integrating an employee engagement program.
- Employee Retention
Integrating employee engagement programs in the culture of any organisation will help the employees to put their thoughts forward, share their experiences and grievances if any. This provides management a chance to solve these issues beforehand and hence, provides satisfaction, sense of value to the employees which helps to retain them.
- Motivation to Employees
For any employee motivation is the key to work harder, these engagement programs work as a boost and motivation to the employees to give their best and perform better.
- Recognition & Rewards
The purpose of employee engagement is to recognise & reward the hardworking and best performing employees. These rewards & recognition work as a boost for the employees to perform better and get recognised by the organisation.
- Feedbacks on Policies
This can also allow employees to offer their feedback on the policies set by the management and get the management to change the policies for a better work culture. This will make the employees feel heard, and values which pushes them for better work.
- Understanding Needs & Problems
This can be a bonding moment for the employees and the management, where they can understand each other better, their needs and problems and expectations which make the overall working environment better and easier for the employees.
- Celebrating Achievements
Celebrating employees achievements is another form of employee engagement activity that can make the employees feel recognised and appreciated.
- Enhanced Productivity
A motivated employee always works better, and with increased productivity. This increased productivity comes from exciting employee engagement activities.
- Sense of Satisfaction
With these employee engagement activities when employees are recognised and rewarded for their efforts and hard work, they get a sense of satisfaction which further motivates them to work even harder and better.
Different Employee Engagement Activities to be Included
Although the employee engagement program can differ from company to company depending on their budget and other factors. But here are a few most common employee engagement activities that you can integrate into your company.
- Recognition and Rewards
Management can recognise the efforts and hard work of the employees and provide them with different rewards depending on their performance and preferences. Here you can give your employees discount coupons, vouchers, movie tickets, even free products as a token of appreciation.
You can further involve loyalty program providers such as RewardPort and integrate their different programs such as CineRewards, Sweepstakes, Scratch2Win, Freebucks, etc.
- Bonding Activities
Here the management can plan to organise lunch or dinner or any other kind of bonding activity that can help the employees bond with each other and further perform better as a team.
- Team Outings
Taking employees out for movies can be a great fun activity to do which can help them relax and feel free. You can integrate CineRewards by RewardPort as a loyalty program and avail such more exciting programs.
- Promoting Work Life Balance
Companies can offer their employees with vouchers and gift cards or spas, or restaurants to enjoy with their families, promoting the value of work life balance. For such programs you can involve My Choice of Gift by RewardPort and many other programs by the brand.
- Employee Health Check
Employee health is one of the key factors that a company has to keep in mind. To ensure the employee’s health is optimum you can offer them coupons for blood checkups and other medical aspects.
- Additional Trainings
For constant growth learning is essential and it can come from taking up new and advanced training sessions in the concerned fields. These trainings will help employees to evaluate their own skills and learn additional skills to survive in the cut throat competitive market.
RewardPort Employee Engagement Program
A leading provider of loyalty programs, RewardPort has been working in the industry for a long period of time and offers various loyalty programs for brands to choose from. These loyalty programs can be incorporated into any brand and their strategies.
These programs are customised as per the needs of the brand and monitored closely by the expert and highly professional team of RewardPort. Additionally, these programs have helped companies retain customers, employees and boost their sales activities.
For more information you can get in touch with the experts here at RewardPort and learn more about our different products and services being offered.
20 Employee Engagement Rewards & How to Give Them
Employees are an integral part of every organization. Without ensuring high levels of employee productivity and morale, it is challenging to make your company grow at a rapid rate. This is the reason why most of the successful organizations are paying special attention to retaining their employees. Organizations run multiple employee engagement programs to retain their staff and encourage their workforce to give their best at work. The following are some effective employee engagement ideas that you can consider:
1. Immediate Rewards or Bonus
When your employees perform exceptionally or complete a big project, you must recognize their efforts and reward them. Delaying recognition or rewards in this case is similar to denying their hard work. As soon as they achieve a milestone or help the company achieve something big, you can immediately announce their achievement in the office and promise a reward for the same. Remember that rewards are effective only when offered on time.
2. Provide Wellness Benefits
Focussing on employee wellness has become extremely important for organizations these days. By offering health and wellness-related benefits, you can address your employees’ wellness while making them feel valued at the same time. You can organize fitness sessions in the office, give your employees free access to online mindfulness sessions, or offer complimentary massage sessions to top performers. As per a study, over 70% of employees believe that they need their employers’ help to stay healthy. Therefore, investing in your employees’ health and offering wellness-related benefits can be an effective employee engagement strategy.
3. Celebrate Work Anniversaries
This is quite common but one of the most effective ways to keep your employees motivated and encourage them to work with you on a long-term basis. You can organize small in-office celebrations on the work anniversaries of your employees. On their work anniversary, thank them for their dedication and contributions to your company and also allow them to share their experiences. You can also give some valuable gift or monetary bonus to encourage the employees to stay loyal.
4. Organize Team Lunches
Organizing team lunches is a great way to boost team morale and encourage team building in your company. Employees can appreciate each other and also bond over non-work-related conversations. It helps employees build mutual trust and feel good about each other as well as their organization. For a happy and recharged staff, employers should organize team lunches on a regular basis. A happy staff means increased productivity and hence, faster company growth.
5. Offer Performance-Based Incentives
Offering performance-based incentives is one of the common strategies used by most companies to boost employee engagement. You can run employee rewards and recognition programs based on performance. Offer monetary incentives or non-monetary bonuses to the employees who always complete their work before the deadline. You can also offer rewards or benefits to the top performers of every team. The employees who earn rewards are motivated to keep performing well in the future. Moreover, it also encourages the entire staff to perform better in order to receive the benefits.
6. Offer Rewards for Punctuality
Every organization has some employees who are always on time. It is essential to encourage them through some rewards or recognition so that they continue to display this behavior. Punctuality is one of the good qualities that every organization wants to see in its employees. You can give them gift vouchers or other types of rewards on a monthly or quarterly basis. It encourages other employees to come to the office on time.
7. Include Gamified Rewards
Gamification has gained popularity as a powerful tool for making loyalty and engagement programs more effective. By incorporating gamification strategies in your employee engagement programs, you can make the program more interesting for your staff and boost employee productivity. Some best examples of gamified rewards for employee engagement include team quiz contests, leaderboards, etc.
8. Social Employee Recognition
You can use any social media platform or professional platform where all your employees have a presence. You can create a group of your employees and share the exceptional work of your employees there. For example, if one of the designers in your team has created an amazing design, you can share it in the group and ask everyone to send their reaction via a GIF. This is an interesting and effective way to make your employees feel recognized and appreciated for their hard work.
9. Give Shoutouts in the Office
Public recognition and appreciation can be much more effective than monetary rewards when it comes to boosting employee engagement and productivity. When an employee gives an extraordinary performance on a project or helps you close a big deal, you can give them a shoutout in the office and on social media. It increases productivity levels in your organization and encourages every employee to give their best.
10. Put Personalised Notes on their Desk
Personalized handwritten notes are magical. A simple and small ‘thank you’ note can make your employees feel happy and valued. You can randomly put sticky notes on the desks of your employees and thank them for all their hard work and dedication toward the company. Personalized messages with the names and special qualities of your workers can be more encouraging than an expensive gift.
11. Offer Regular Monetary Incentives
Though non-monetary benefits and rewards can encourage your employees to be productive at work, offering monetary bonuses is still important to gain their loyalty in the long term. Giving regular salary hikes or monetary bonuses becomes very important to maintain high motivation levels among your staff members. You should try to offer a monetary bonus at least once every quarter or every six months.
12. Give Regular & Honest Feedback
Giving regular feedback to your employees is a great way to encourage open and healthy conversation in your organization. You should give positive as well as negative feedback to each of your employees and guide them about how to improve. However, you need to ensure that you keep yourself very calm while giving feedback and understand the concerns of your employees as well. It helps you establish a healthy work environment and positive culture in your office.
13. Send a Care Package on the Birthday
Celebrating personal occasions like the birthdays of your employees makes them feel that their company really cares about them. You can give them a complimentary off on their birthdays and send a self-care gift, such as a spa kit, a hair care kit, fitness-related products, etc. Even if you don’t want to give them a day off, you can organize a small celebration in the office and gift them something they value.
14. Ask For Employee Feedback through Surveys
Taking employee feedback is also as important as giving feedback to them. You can conduct online surveys to take feedback from your employees. Most companies take employee feedback but never take it seriously. This is something you must avoid. Gathering feedback is not enough, but you also need to look into it and make the required improvements. Making your employees feel valued is very important to boost engagement levels at your company.
15. Give Access To Learning Programs and Certifications
Offering learning and growth opportunities is an effective way to retain your employees while improving their skills. Everyone wants to learn and grow while doing a job. By giving your employees free access to learning and certification programs, you can give them an additional reason to work with your organization. By combining benefits, such as certificates and incentives with these learning programs, you can make them more interesting for your employees to participate in.
16. Give Experiential Rewards
Many organizations offer experiential rewards to their top-performing employees in order to encourage other employees to perform better. You can choose one or more top-performing employees of the year or quarter and provide them with a wide range of experiential reward options to choose from. The options can include skydiving & other adventures, a sponsored trip for two, free singing or dancing lessons for a month, etc.
17. Support What Your Employees Value
You can boost the engagement levels among your employees by supporting them in what they want to support. You can organize and sponsor a social cause day, where all your employees work together toward a social cause that they are passionate about. Giving your employees a chance to give back to the community is an amazing way to make a difference and encourage them to stick with your company.
18. Create a Wall of Fame
This is quite commonly used yet one of the most effective employee engagement activities. You can create a physical or a digital wall of fame where the top performers of your company are recognized on a monthly and yearly basis. You can add two sections, including ‘employee of the year’ and ‘employee of the month’ to the wall of fame. Update it every month and every year and try to give every employee a chance to get featured on this.
19. Give Them Some Time Off
Time is one of the most valuable and precious things you can gift someone. When your employees complete a big project without any error or achieve any such milestone, you can give them some time off. You can leave them a few hours earlier than the actual leaving time on Fridays to make their weekend more enjoyable. This is an amazing way to encourage all your employees to give their best at work.
20. Run a Continuous Employee Rewards Program
You can even run a continuous rewards program for your employees just like businesses run loyalty programs for their customers. You can create a separate rewards portal, where all your employees can log in to track and redeem their rewards. You can offer reward points for every desirable action, such as completing a certification program, being punctual at work throughout the month, etc.
Boost Employee Engagement at Your Company with RewardPort
RewardPort is one of the top reward and loyalty solution-providing companies, which can help you plan and implement the most effective engagement program for your employees. The team of experienced marketing professionals at RewardPort analyzes every small detail of your company and also considers the interests of your employees while executing employee engagement activities for your company.