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.