Without doubt, businesses must ensure that they keep their staff working towards goals to stay motivated. The bottom line – if you aren’t giving your people that reason to get out of bed in the morning, then you really need to shake things up. If you’re looking to transform your business performance and culture, whilst achieving a measurable ROI, consider using employee incentives. Perhaps in the post-pandemic world, where society has been limited in enjoying events, incentivising using experiences is really the one to home in on. Here’s why…
Efficiency = Sales Increase 
Think about it. If your staff are counting down to a day out at the tennis for hitting their sales targets, then they’ll do all that they can to make sure that that target is achieved. You have to give them that reason to perform. Incentives are the solution here – make sure that the desire to stay motivated is there in your business with the promise of a grand day out if the sales targets are hit.
Morale Boost is Key
When there are rewards and incentives up for grabs, there is a serious adrenaline rush in the business. Whether it’s a hunger for a little friendly competition or used as that said motivation, it can certainly boost morale in the workplace. This strongly correlates to employee happiness; research by the University of Oxford (2019) found that workers are 13% more productive when happy. Who wouldn’t be smiling without a promise of a day out with colleagues over good food, free-flowing drinks and top-class sport?
Keep ‘em Close
Whilst it varies between jobs and industries, average employee turnover in the UK sits at around 15% a year. Employers will heavily relate to this – there is nothing more frustrating than losing your employees, especially when they’re just hitting the ground running or you’re losing them to the competition. Incentives give your people something to talk about and something to enjoy with the wider team – this positive atmosphere will undoubtedly facilitate that much-desired employee retainment.
A New Pool of Talent
Competition to attract the A-list employees is, arguably, fiercer than ever post-pandemic. Therefore, we urge you to above and beyond in what you can offer prospective employees. Yes, the salary, the growth opportunities and the role itself are pivotal, however the offering of employee rewards could be the bonus point for you over other companies. Not only will this be attractive on the job vacancy, but if it’s something that your existing employees are talking about, then the word will soon spread about how you recognise the importance of employee rewards. Especially nowadays, with the power of social media, the talent will pull up right in front of you with the help of a tweet, hashtag or Instagram story from existing employees.
There you have it – if you’re trying to keep performance high, keep morale steady and increase sales, then incentivise with experiences. We have a range of experiences on offer that we know your staff will be desperate to get involved in, varying in venue, tournament, price point and more. Christmas might just be the perfect time to gift an experience to your employees and show your value for them. Something to bring the team together and reward the hard work is a great way to motivate and a post-Christmas pick-me-up to look forward to. See for yourself…
