Here you can find additional information regarding employee rewards programs and learn more about the services that Beyond Boardrooms offers.
Vol. 17 article "Talent Wars": With bailouts, layoffs and salary freezes dominating the headlines, marketing to your employess may seem counterintuitive. But downturns are when talented employees matter most. They're the most productive, the pivotal performers, the ones who deliver on your brand promise -- and when good times return, you won't want them bolting for greener pastures.
Differences Between Recognition and Reward
Recognition Vs. Reward - Click the link to the left to learn about the important differences between employee recognition and employee rewards.
Consider the Costs...
Employee retention, lost productivity, employee replacement and training expenses, negative work environment, lack of qualified personnel; if any of these issues have ever posed a threat to your organization, read on.
Employees are a company's most valuable asset and resource. Employee retention and performance issues often and unnecessarily tax an organization's resources. Studies show that only 1 in 4 employees are achieving their potential productivity levels and companies are losing good employees to competitors at an alarming rate.
Recognition in the workplace is a key driver that creates employee loyalty and drives productivity. Effective and tangible recognition programs help reverse negative trends by providing employees with the incentive to strive to reach their potential and by developing employee loyalty. Companies that have a dedicated workforce have:
- Competitive advantages through innovative ideas and superior service.
- Reduced absenteeism.
- Reduced staff turnover
- Recognition as a desired employer, providing better hire opportunities.
- Increased productivity, creativity and teamwork.
My Rewards Unlimited provides employers with an effective recognition and rewards program that is cost effective, user friendly, and valued by employees. The My Rewards Unlimited program works within predetermined budgets and carries no long term commitment requirements.
Recognize your employees through My Rewards Unlimited. Simply award points to your employees to show your appreciation for their efforts towards consistently meeting or exceeding expectations and displaying example setting behaviour. Employees accumulate, and redeem these points for rewards such as travel, electronics, entertainment, and more. Unlike cash payouts, which do not create loyalty or excitement, My Rewards Unlimited is a long-term approach that is customized to meet the needs of your organization.