Keep your employees happy


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Understand your employees needs

Productivity is essential for any business to be successful, but knowing how to get the most out of staff can be tricky. Wage increases are generally pretty effective, but the current condition of financial uncertainty has seen wage restraint become the norm in all businesses. So if you're an employer, how can you improve workplace productivity without paying more in wages? Discussed below are some of the non cash incentives for employees of your SME, that you can offer.


A noncash business incentive that you can use to help create a healthy and thriving working environment for your workers as well as for yourself, one that involves fitness.

 

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Non cash incentives

 

Deteriorating health is becoming a big problem among a lot of workers and companies these days and the sick hours that some employees put in may drag a company's productivity down as well. Health incentives you can offer your employees to get them to try and stay fit include free gym memberships for all of your staff, or you could go one step further and create a staff gym for everyone to use when they have the time to do so within the office building. This makes trying to stay healthy easier and more convenient for them. This kind of a health drive can be stepped up a notch by giving the "biggest loser" in the company or the person with the greatest positive health change within six months a prize.


Another way that works better for working parents with young children is appreciating them childcare vouchers, which can help them obtain a significant discount on childcare services - which is cited as one of the most common costs currently facing working families.


Customer loyalty incentives and referral incentives can also be given to customers who patronize the company continuously and to those who bring in more customers that help increase the number of people you service and earn from. These kinds of incentive programs can also increase revenue and increase your number of customers. You can even use this referral program on your employees too. Employees who are able to bring in more customers who avail certain services, specifically customers who have not tried the company's services before, get a reward in the form of prizes that everyone would want to have like new mobile phones or other cool gadgets.


Praise from a manager, recognition from leaders, promotions, opportunities to lead projects, chances to join fast-track management programs, trips for them and their family for deals that they close and even performance boosting seminars are often more effective employee incentives than cash.All of these programs are used by companies worldwide to increase revenue, customer loyalty, brand awareness and customer base. These programs also give companies and those who are associated with them more chances to interact and build longer lasting and stronger relationships.

As you use getaway rewards for your staff, you will realize that it is a wonderful opportunity to demonstrate that you do care about your staff. Staff who realize that their boss and company care about them are more likely to put themselves into their jobs and they are frequently the most productive ones as well. Take the time to demonstrate that you care for them and for their well-being as well.

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