Having a healthy work culture is instrumental to the success of a company. It makes sense that happy employees perform better and have higher productivity. Offering your employees incentives is a great way to ensure this, as having them will motivate employees to strive for excellence all while working towards a goal. A company rich with unique or exciting opportunities and perks can also positively impact recruitment, retention, and team morale.
A study done by SHRM found that 94% of companies offer short-term incentives, while 53% offer long-term incentives beyond regular pay. The job market is competitive-- to obtain and retain top talent, a company must set itself apart from and above the rest. Incentives allow companies to stand out while making employees feel valued and rewarded for their hard work.
Here are some great employee incentive ideas (that actually work!):
Investing in your company through employee incentive programs is a great way to make your employees feel valued and excited about being a part of the company. In recruiting and retaining top talent, it is important to stand out from the crowd and take the time to understand your employees' needs. Get started with Crystal today to gain valuable personality insights for your entire team and potential candidates.