| Employee Rewards are a complex proposition. I&M polled some of the industry’s experts to help employers navigate reward schemes
The choice facing employers when it comes to reward and motivation programmes for employees is challenging. Traditionally, programmes tended to focus on very measurable outcomes, such as sales targets. In a market where less objective measures such as customer satisfaction have become more important, alongside a recognition that all employees contribute to the performance of a business, things have changed.
Justine Clement, Managing Director of Unmissable said: “Keeping staff happy and motivated is now an element that is taken very seriously by all employers. Budgets and managerment of benefits and reward schemes have risen dramatically over the past 10 years and companies are keen to market their rewards programme as part of the overall package when employing new staff.
“The key to motivating employees is to offer something that is inspirational and aspirational to an individual. Unfortunately one size does not fit all, so it’s imperative to choose a programme that offers a huge variety of incentives to cater for a diverse range of individuals and also within the motivational budget.”
Clement makes the point that motivational programmes must be easy to manage, not overwhelm internal resources and must stay within budget. “For any programme to work it needs to have strong communications to ensure all participants buy in. Running a programme online, either by intranet or internet, makes it interactive for participants enabling them to monitor progress and choose their own goals and rewards to aim for”.
Unmissable Experience vouchers are intended for use in corporate motivation, rewards or incentive programmes. There are more than 1,000 experiences on offer with a wide ragne of themed categories including cultural, culinary, pampering, adrenalin, short break, ultimate adventure, days out, flying and driving.
The experiences come in a voucher format an clients can choose which mix of voucher categories and budgets they want to offer, so the package can be full tailored. The programme is run through a live link tailored for each client that can be branded to ensure consistency with corporate branding and key values and messages.
“Once a company has decided how to allocate incentive points, and the types and values of incentives on offer, the programme is very easy to manage and monitor. It is easy for the participants to use and also offers excellent value for money as clients only pay once incentive points are redeemed.
Justine Clement, Managing Director at Unmissable
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