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Anyone who owns and runs their own business will no doubt be concerned with increasing staff loyalty and ensuring that their workers choose to stay with them for as long as possible. If you are one of these business owners, then you will most likely have already looked into the benefits of offering cash bonuses and how such measures work as incentives. However, you could find other methods are more effective at creating a loyal workforce. There is a wide variety of schemes that you can adopt in your office to make sure that members of staff remain loyal to your company and wish to continue working for you for a prolonged period - perhaps even until they reach retirement. Instead of plumping for cash bonus schemes immediately, why don't you look at the various benefits of introducing gift cards and vouchers? Such initiatives have proved popular with other companies in the past, perhaps because it is easy to tailor them to each individual member of staff. For example, if you know one of your employees enjoys listening to music, you could reward them with a voucher for CDs or mp3 downloads. Given the vast array of vouchers and cards that are now available, it is clear that these are a great way of incentivising members of staff. Another alternative could be rewarding workers with travel incentives, offering either airmiles or a short holiday to workers who continuously perform well in the office. Alternatively, one other popular and effective way of motivating people is through online incentive points, which are both easy to administer and manage. All you need to do is choose the member of staff you wish to reward and do so via a secure digital system. You might find, however, that long service awards are a better way of rewarding individuals. Here, gifts or trophies of some description are presented to members of staff after up to 40 years with the company - a technique designed to encourage people to stay with the business for decades, rather than years. Naturally, you may prefer to offer this type of reward to people throughout their careers, instead of at the end, so as to increase retention and improve motivation among your members of staff. You should also perhaps not ignore the little touches, such as sending out personalised thank you notes to those who deserve them, which could also help create a loyal and happy workforce. Looking to boost staff loyalty? Why not offer incentives that recognise your employees for the hard work they do? Take a look at the solutions on offer at Love2Reward for ideas and inspiration.
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staff loyalty, incentives,
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