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    ERX News » Business » Growing your business by rewarding your employees is possible!

    Growing your business by rewarding your employees is possible!

    Employee motivation has a direct impact on performance and productivity in companies. It is therefore an essential element to take into account to develop your business!
    1 October 2022Updated:4 October 20222 Mins Read
    rewarding employees

    It is this observation that is at the origin of the various incentive strategies currently implemented. One of the keys to motivation is of course reward. Efforts and successes must be rewarded to push employees to excel. However, psychological studies conducted in the workplace show that it is especially important to know how to dose rewards.

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    • Rewards to retain top performers
    • How do rewards motivate employees?

    Rewards to retain top performers

    What company doesn’t want to retain its top performers? To achieve this, it is important to ensure a good working climate. It is also important to value the results obtained and to celebrate successes. With incentive operations, we are far from a carrot and stick strategy.

    While some employees are obviously sensitive to bonuses, many appreciate recognition.

    It is obviously possible to congratulate an efficient and committed employee, but this congratulation will have all the more impact if it is accompanied by a reward with a symbolic value, which will convey the esteem that one has for him. This is what gifts allow. To help you choose and achieve your objective, you can use the incentive solutions.

    How do rewards motivate employees?

    corporate gift As we have seen above, a gift is a symbolic reward that shows appreciation for the employee. In this context, it is essential to choose the right reward. A prepaid gift card allows everyone to give what they really want. It is less impersonal than a bonus, especially because the gift voucher or gift card is mainly used for leisure. The reward is therefore associated with a notion of pleasure that boosts motivation.

    The employee who has benefited from an incentive trip or other rewards will not want to give them up afterwards and will make sure that he or she surpasses himself or herself. Once convinced of the usefulness of rewards, companies are often faced with the headache of implementation, with human and managerial as well as practical and financial issues. The simplest solution is to use an incentive platform.

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    Steeve Milton
    Steeve Milton

    Freelance web writer in the fields of finance and business. On this blog, I write on my free time news articles, tips and analysis to better manage your money and start your own business.

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