Why reward, motivate and incentivise?
Quite simple. Because it works. Some of the world’s foremost businesses wouldn’t be using us if it didn’t. Why do these dynamic companies choose Corporate Rewards?
Because they want to gain a critical competitive edge by:-
- Enhancing workforce productivity, engagement, retention, understanding and compliance.
- Boosting sales and brand awareness through their distribution channels and contact centres.
- Fostering loyalty and enthusiasm in their customers.
- Bringing people together to learn, to bond and to celebrate their organisation’s achievements.
- Recognising and rewarding individual and team performance.
- Investing wisely in building business through motivating and inspiring people.
They measure success by one single yardstick: results. As our case studies illustrate, Corporate Rewards consistently delivers to the highest standards.
But don’t just take our word for it.
Independent research regularly confirms the value of reward and incentive programmes.
When clearly defined incentives are carefully selected, implemented and monitored, work performance increases by an average 22%.
On being encouraged by incentive schemes to work towards an identified goal or target, people improve their performance by 27%.
Team incentives can enhance performance by as much as 44%.
Effective incentives can generate up to 38% higher customer satisfaction scores.
When incentive programmes are used to promote ‘thinking smarter’, performance increases by 26%.
Incentive programmes attract the best employees. Organisations that offer structured incentive programmes attract and retain higher quality workers than their rivals.
Sources:
Incentives, Motivation and Workplace Performance: Research & Best Practices, The Incentive Research Association, 2002
International Society of Performance Improvement, 2008
Engaging for Success: Enhancing performance through employee engagement, HM Government Department for Business Industry and Skills, 2009.
Gallup 2007
