12:00 AM, 08 22, 2016

Choosing How To Reward Your Employees

There is a real dilemma for some companies when it comes to deciding whether or not to give a gift to employees. Who do you reward, what should be given - not to mention the when and how. However, sometimes saying thanks just simply isn’t enough…

On the other hand – just what do you give that is equal value, that doesn’t break the bank?

SVM Global is flying the flag for Gift Cards to be recognised as the ultimate ideal gift for everyone. Young or old, male or female, a keen shopper, hobbyist or someone with no known passion in particular – they can all get value from a Gift card. With Gift Cards for supermarkets, at the very least, a recipient is getting a deal on something we all have to do – eat

That’s why the reward and recognition industry is growing, and with it come a number of solutions.

Here are some key considerations.

1. A reward platform

This is one of the easiest ways to offer a reward can and help you create a bespoke package for your employees so that your “thank you” is extra special. Speak to us about Gift Cards on your reward platform.

2. Choice Based Rewards

Preference from SVM Global allows you to choose from a wide variety of different brands to suit your individual employees. You order the codes, and the recipient takes this code and orders the gift card or eCode that suits them.

3. Spot rewards

Spot rewards are small gestures that can go a long way to benefitting not only the employee, but also the business. They are easy to give, great to receive and are apparent to many people in the business that hard work is rewarded!

4. Service/ anniversary/ tenure rewards

Many businesses make the mistake of only rewarding their employees once a year, during the Christmas period, realising this only encourages a slight fluctuation in moral during November – December time. Whilst long service rewards are brilliant and a desirable benefit, ensure that you balance the rewards as a whole so performance doesn’t suddenly spike towards a ‘reward period’.

5. Project rewards

Project completions are something to be celebrated. In a world of sprints, project management and agile, how many times do you stop, pause, and reflect on the project with a reward? Take a moment to notice where people in the business are and see if you can add a reward into the current process.

6. ’Just because’ rewards

Rewarding your staff not only releases a stimulant to progress and accomplish their goals and objectives, but also boosts morale. Thus, the gift becomes the influential encouragement that inspires your employees to be more productive, and therefore loyal to you and your business.

When you choose a gift card you know it will be appreciated. SVM Global offers over 500 brands, from supermarket brands through to health, beauty and fashion.

Why not call us today and discuss how you can make rewards a part of your working culture?

Call 01709917278 or email hello@svmglobal.com

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