Why reward employees with gift vouchers

Why reward employees with gift vouchers

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Why reward employees with gift vouchers?

It is vital to keep employees motivated and engaged. Gift vouchers that reward and show appreciation to deserving/hardworking staff are a valuable tool to show that you value their contribution to the company.

Let’s look at some of the reasons to consider rewarding your employees:

Boost morale

  • when employees feel valued, they’re more engaged and energised at work
  • vouchers are a perfect token of appreciation for a job well done

Increase productivity

  • a gift voucher can be offered as an incentive or reward for meeting/exceeding goals
  • employees will be motivated to work harder to reach their targets
  • the whole company benefits as productivity is increased

Improve employee retention

  • the competitive job market means being creative to retain skilled staff
  • gift vouchers aid retention rates as employees who feel valued are more likely to stay with the company long term
  • these vouchers show you care about their well-being and are willing to invest in them

Tips for employee gifting:

  • personalize the gift if possible
  • be consistent – create a culture of recognition (and ensure everyone has an equal chance to receive a gift)
  • celebrate small wins – don’t only focus on major achievements – celebrating smaller wins creates a culture of positivity and motivation
  • be sincere – avoid generic messages – let your gratitude come across as personal and genuine.

Gift box

 YoyoGift vouchers, a Paymaster partner, offers a perfect opportunity for you to reward your employees in a thoughtful, personal manner.

Paymaster provides you with an online digital gifting platform. Send your gifts in under 3 minutes. Ian Hurst 083 679 1311 or ian@paymaster.co.za for more info on this voucher reward system.

The value of rewarding good employee performance

Rewarding good employee performance

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The value of rewarding good employee performance

Recognize your employees hard work and dedication by offering them gift vouchers for their excellent service.

This will boost employee morale, productivity and your company bottom line.

Here are a few reasons to consider rewarding your employees:

Gift box

Motivation and Engagement

  • Material appreciation of hardwork motivates and engages staff in their work
  • It encourages them to continue performing at a high level
  • They may experience greater job satisfaction as a result of increased engagement

Improved Mental Health

  • Couple voucherA reward and show of appreciation for hard work boosts
  • mental health by reducing stress and anxiety
  • Since stress negatively impacts job performance and overall well-being, this reward system should help create a positive work environment and enhance mental health

Sense of Appreciation

  • A gift voucher as reward for hard work fosters a sense of appreciation and validation
  • This especially helps those who feel undervalued in their role
  • This gift can raise self-esteem and create a more positive atmosphere at work

Increased Loyalty

  • Being recognized and rewarded for hard work increases loyalty and commitment to your company
  • Valued employees are more likely to stay on long term – this results in a more stable workforce
  • Teamwork and collaboration is also encouraged this way

Enhance Company Image

Offer of employment

  • Happy, appreciated employees speak out positively about their company
  • This results in great word-of-mouth advertising which help recruit new employees and attract new customers

Cost Effective and Personal

  • Instead of an impersonal cash bonus, a voucher is a thoughtful gift
  • It offers a choice to the recipient, so is a flexible way to show appreciation
  • If you purchase vouchers in bulk, your company can save costs.

Consider this:

  • Buy vouchers according to the company budget allocated to employee rewards
  • Select vouchers according to your employees interests and preferences
  • The frequency of offering these vouchers will depend on your company budget and culture – it can be quarterly or annually, or directly related to achieving specific targets and goals.

YoyoGift vouchers, a Paymaster partner, offers the perfect way to reward and encourage your hard working employees.

Paymaster provides you with an online digital gifting platform. Send your gifts in under 3 minutes. Contact Glen 082 898 5006 or ian@paymaster.co.za for more info on this voucher reward system.