3 Ways To Incentivize Employees By Using Gift Cards
With spring just around the corner, now is the time to start thinking about new ways to incentivize your employees using gift cards that appeal to their interests.
Increase Workplace Safety With Incentives
Everyday more than 13,000 workplace accidents occur. Safety incentive programs can be powerful tools for employers to get employees to take safety procedures and protocols seriously and to integrate them into their work routines.
Here are some of the reasons that leveraging the power of incentives can help you minimize the number of accidents and maximize workplace safety.
How to Reward Employees without Breaking the Bank
Rewarding employees within a tight budget is a common challenge in today’s HR climate. Employees want perks and employers want to maintain employee satisfaction and loyalty without going over budget on those employee perks. Here are three ways to reward employees without breaking the bank.
Incentives Industry Breakdown 2016
The incentives industry is thriving with 84% of U.S. businesses now using non-cash rewards to recognize and motivate their key audiences. Non-cash rewards come in many forms: from award points, gift cards, incentive travel, to merchandise, and more. In 2015, businesses spent $90 billion for these rewards and sales and employees are the largest audiences targeted when it comes to these non-cash rewards.
Using Gift Cards For Employee Travel Expenses
We recently discussed how 63 percent of companies were spending more than $100,000 annually on employee travel expenses. With more and more employers using telecommuting and teleconferencing, the need for business travel has slowed down, but not by much. Employee travel has grown by about 3 percent in recent years, while the average travel budget has stayed the same.