5 Ways That Employee Incentives Can Help Eliminate Burnout
Have you ever had days where you feel like you’re just going through the motions, dragging yourself to work every day? Yes, job exhaustion is real, and it impacts a lot of people. Prizes or rewards may seem like some work jargon. But regard them as that spark that can light up your passion for […]
Driving Performance with Unique Customized Employee Rewards
Employee rewards should make your team feel seen and valued. Picture this: the gift is not just another generic gift card or company mug. It’s something hand-picked for them – an experience day at their favorite local restaurant, perhaps, or tickets to see their all-time favorite band. The joy isn’t just in the surprise; it […]
Reloadable Debit Cards: Introduction, Options, and Benefits
It’s no secret that rewarding good behavior is more effective than punishing bad behavior. Neuroscience suggests that our brains have evolved to a degree where we anticipate we’ll gain rewards with action. Dopaminergic neurons trigger a signal in our brain to “go” when we expect something good. That’s why incentive programs work well for employees, […]
12 Tips to Create An Employee VIP Program At Your Company
Creating a VIP employee program at your company can be an incredibly rewarding experience for your employees and your business. It’s a great way to show your appreciation for your team and reward them for their hard work. The 2023 Employee Engagement Trends & Forecasts finds that “employees still hold the upper hand, demanding the […]
Employee Points Programs: What They Are and How They Work
An employee points program is a type of reward system that allows employers to show appreciation for their employees’ hard work and contributions by offering them reward points with a monetary value. Employees can redeem these points for various rewards, including merchandise, experiences, and gift cards. Studies have shown that gift cards are highly preferred […]
Intrinsic vs Extrinsic Employee Rewards: What’s The Difference?
Intrinsic vs Extrinsic Employee Rewards: What’s The Difference? Every business needs motivated employees. Motivation, morale, and excitement make the difference between a successful company and a company that languishes in lost potential. The trouble is, it’s challenging to motivate a team. Each employee has different goals, desires, and biases that they respond to as motivation. […]
FAQ: Are Gift Cards for Employees a Tax Deduction?
FAQ: Are Gift Cards for Employees a Tax Deduction? Rewards can be a powerful incentive to increase motivation and morale in the workplace. You want your employees to be engaged with their jobs, and one way to help encourage that is to offer them rewards for their performance. Picking a proper reward can be just […]
Gift Card vs Prepaid Card: Which is More Appropriate for a Gift?
Gift Card vs. Prepaid Card: Which is More Appropriate for a Gift? Any time you consider giving your employees a reward or incentive, you have a decision to make: what form will it take? You have a budget; that much is certain. Do you spend it on products to give to them? Sometimes that’s fine, but […]
FAQ: What is The Difference Between Rewards and Incentives?
FAQ: What is The Difference Between Rewards and Incentives? Rewards and incentives motivate your employees to perform better and show more interest in the company’s goals. However, they’re not always interchangeable, so you’ll need to know when to use each. Rewards and incentives are very similar but have specific tangible differences that make them distinct. […]
Long Service Rewards: 14 Gift Ideas for Employee Anniversaries
These days, it seems like careers are a thing of the past. Employees routinely jump ship just a few years after starting work for a company, looking for greener pastures or a jump in title and responsibility that many companies can’t provide in their current environment. That makes it even more special when one of […]
