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.

Frequently Asked Questions

How does the employee rewards program work?

Employee rewards programs offer the select employees who have excelled in their KPIs with a certain reward or recognition which further motivates them to perform even better in coming days.

Who is eligible to participate in the rewards program?

All the employees of the business are eligible to participate in the rewards program.

What are the benefits of an employee rewards program?

It boosts the morale of the employees, pushes them to perform better and makes them feel valued.

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    Abbott India Ltd

    Challenge: Managing end-to-end incentive program for distributors efficiently.

    Solution:

    1. RewardPort registered addresses and email ids of all distributors by getting a form filled with their company seal & signature and digitizing it
    2. Created reward catalogue for 5 slabs with 4 gift options in each slab category
    3. Deployed an account manager and operations resource for timely MIS & escalation management
    4. Created a full-proof reward delivery system eliminating pilferage of gifts and theft/misuse by parties
    5. Created periodic schemes for retailers- free recharge on billing of Digene products

    Program mechanics: We receive a data file from Abbott team with address and gift option details of the qualified distributors every month. Tangible gifts are dispatched directly on the addresses and e-vouchers are emailed on their registered email id.