19

Introduction to employee reward and recognition programmes

Embed Size (px)

Citation preview

Page 1: Introduction to employee reward and recognition programmes
Page 2: Introduction to employee reward and recognition programmes

If your business is operating without an

employee reward and recognition programme,

you need to carry on reading…

Page 3: Introduction to employee reward and recognition programmes

What’s all the fuss about?

Once thought by many to be a fad…but now it’s a

long-standing part of the modern workplace…

and it’s here to stay!

Research shows that businesses with engaged employees

have 51% high productivity.

Engaged employees work harder and want to deliver more.

A reward and recognition programme allows you and your business to

engage with your employees, building strong, two-way relationships that

strengthen loyalty and drive performance.

Page 4: Introduction to employee reward and recognition programmes

Is it worth the investment?

Can you put a price on staff retention and loyalty?

A high staff turnover is not only a drain on company time and resource; it

also costs money in terms of recruitment fees and training.

Employee reward and recognition schemes allow you to invest in your

existing employees in a positive manner; recognising achievements, building

relationships, and giving them an additional reason to align and stay with

your company.

Page 5: Introduction to employee reward and recognition programmes

• Better staff attrition levels

• Lower staff absenteeism

• Retained staff with a wealth of experience and company knowledge

• Better customer service for your clients, improving their levels of satisfaction

• Attract more qualified staff, from the pull of this enviable perk

• More motivation from employees to improve performance

• Happier, positive, satisfied staff

What are the benefits

of employee reward and recognition?

Page 6: Introduction to employee reward and recognition programmes

If you’re keen to dip your toe and measure results, we have a great introductory

solution, that’s…

• Easy to implement

• Run online at a low cost

• Flexible on the number of users

• Uses simple functionality to reward and recognise employees

PLUS

• Reduces your admin time

Take a look…

What’s the first step in implementing a programme?

Page 7: Introduction to employee reward and recognition programmes

Award mythanks (IPV) codes that participants can exchange for points and order prizes within our reward catalogue.

mythanks is an instant way to reward, incentivise or

say thank you!

Page 8: Introduction to employee reward and recognition programmes

It’s as simple as 1 – 2 – 3!

Decide how many

codes you need.

Codes are available for

100 points (£5)

200 points (£10)

400 points (£20)

1,000 points (£50)

Or choose a custom

denomination.

(1 point = £0.05)

Present reward codes

to your staff or customers

to suit your business.

Recipients register their

voucher on our dedicated

redemption website following

the instructions provided and

the voucher is immediately

converted into points.

Recipients can save

or spend their points.

Recipients can redeem

multiple vouchers onto

their account allowing them to

choose their reward direct from

our extensive range of fabulous

redemption options.

Page 9: Introduction to employee reward and recognition programmes

Flexible choice

Deliver rewards in a way that best suits your business and recipients.

We offer the flexibility to choose how users receive their reward.

Email

Recipients mythanks codes

are delivered direct to

their email inbox.

Mobile

An instant reward is sent

to their mobile device

as an SMS text.

Reward Card

Codes are awarded and

presented as a tangible

reward offering.

Page 10: Introduction to employee reward and recognition programmes
Page 11: Introduction to employee reward and recognition programmes

123 456 789

Page 12: Introduction to employee reward and recognition programmes

If you choose to reward your users with a reward

card, then they will be presented with a stylish, high

quality wallet that accompanies the card.

For that extra touch, you can even write a personalised

message in the wallet to reiterate and remind the

recipient why they are being rewarded and appreciated.

Reward card and

wallet

“You worked beyond the call of duty...

you’re a real trooper! :) “

Page 13: Introduction to employee reward and recognition programmes

Develop and enhance brand awareness through customising

and personalising your platform* by:

• adding your logo

• brand colours

• intro/about page

• e-voucher template

Bespoke branding

We can even design bespoke reward cards for your business, ideal

to make your programme memorable amongst recipients, keep your

company name at the forefront of their mind and remind them who

has provided them with a reward, at the time of redemption.

*Available as part of the Premium package only.

Page 14: Introduction to employee reward and recognition programmes

Dashboard Reporting

Measure, track and report on your programme’s

success, using our user friendly reporting interface.

- User friendly interface

- Reduced admin time

- Trackable activity of user actions

- Performance and ROI accountability

- Transparency of points budget allocation and

redemption

Page 15: Introduction to employee reward and recognition programmes

Reward

CatalogueOur Reward Services team work with a wide range of reliable

suppliers to ensure we deliver value and the best selection of

leading brands at a competitive cost.

From UK and Europe to the US, India and Australia, we

collaborate with suppliers worldwide to fulfil orders to suit our

clients globally.

Recipients of a mythanks code can redeem their points against

any reward within the extensive ranges within our catalogue,

including:

ProductIncludes over 500 carefully selected products, including

technology, experience days, food and drink, leisure and

jewellery. There are also seasonal categories for certain times of the year.

DigitalCurrently encompasses music downloads and

e-high street shopping vouchers for a quick and instant reward

solution.

Prepaid cardsMyCard is our flexible prepaid card solution for worldwide

instant rewards. Available in a virtual format to use against

online purchases or as a plastic card design to use anywhere

the MasterCard® Acceptance Mark is displayed. These cards

are reloadable and reusable.

VouchersConsists of high street shopping vouchers, leisure activity

vouchers and a range of cinema tickets.

Page 16: Introduction to employee reward and recognition programmes

Customise to your

business with personalised

branding

Secure and auditable Simple to understand and

implement in any business

Virtually now admin –

simply hand out Reward

Cards to staff

Flexible PAYO ordering, for

businesses of any size

Instant face to face rewards

Why choose mythanks?

Page 17: Introduction to employee reward and recognition programmes

Repeat, loyal customers can

accumulate points for higher

value rewards

Choose their own reward

from online catalogue

Personalise to your business

brand, for quicker customer

buy-in

Low cost rewards for high

value data

Easy to implement to

enhance marketing strategy

Instant rewards for instant

engagement

Why choose mythanks?

Page 18: Introduction to employee reward and recognition programmes

Packages Classic (Free)

Premium (£50.00 per month)

Code redemption for pointsY Y

Codes issued to client via e-voucher or reward cards with

wallet*

Y Y

Codes sent directly to recipients via email or SMS Y

Pay as you go voucher model Y Y

Global range of products, experiences and vouchers Y Y

Option to save or spend points Y Y

Branding capabilities

(Your logo on website pages, change main template

colours, add in your own about page, evoucher template.

Branded reward cards available at additional charge)Y

Customised domain Y

Unlimited users Y Y

ReportingMonthly activity report

Y

24/7 dashboard

Y

Support Email

Y

Email, phone

Y

Page 19: Introduction to employee reward and recognition programmes

More Information

If you are looking for an instant way to reward, incentivise or say thank you and need some further

information, we’d love to hear from you.

Visit us: www.corporaterewards.co.uk

Call us: 0370 405 2020

Email us: [email protected]