Hannah Noel is the Marketing Specialist at GiftCard Partners and writes, designs and curates content to be shared on the blog and on social media. When she's not writing, you can find her sightseeing cities across the country.
Tis the season for office rewards and gifts! Many businesses give some kind of end-of-year bonus to employees, and rewards like this have shown to improve morale.
If you are investing in sales incentive program, you want to know if it is going to make an impact on your sales team with a high ROI. But the question is: what's the secret to effective sales incentives?
Rewards work in organizations because they add value to the work being done and the performance of your employees—value that may not have been clearly communicated before.
Rewards aren’t new to employee recognition and retention programs, but they are growing in popularity. Over 80% of businesses use rewards to overcome their business challenges today. They’re a perfect tool for recognizing top-achieving performance, boosting morale, and creating a supportive work environment.
In recent years, the number of employees who do not feel appreciated at work has grown, and that could be a big problem for companies. When employees are dissatisfied for long enough, they’re more likely to look for another job, which means employers are stuck with high turnover and on-boarding costs.
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