As more and more people are working from home, companies are looking for employee recognition ideas and ways to motivate their employees. Employee recognition and engagement is essential to the morale of a company. Employee rewards programs are excellent for employee recognition and with the right employee rewards program, you can see higher levels of engagement, morale, retention, and profits. You may also see higher levels of customer acquisition as motivated employees often prove to be the best brand advocates.
Employee Incentive programs benefit employers by:
- Motivating Employees
- Promoting Teamwork and Engagement
- Retaining Your Company’s Top Talent
- Boosting Employee Morale
- Providing Measurable Results
- Increasing Service Levels
A points-based incentive program can be incredibly effective. Employees adore earning points in incentive programs, which can be spent on an extensive range of prizes such as gift cards, merchandise, experiential rewards, additional paid vacation time, or cash equivalents. Employees are well acquainted with what is required to participate in points-based reward programs and will respond enthusiastically to them.
When creating employee rewards programs, particularly for remote employees, the right rewards are very important to your program’s success. The effectiveness of your digital or virtual incentives depends on the type of the virtual reward and how much it is valued by your participants. Virtual rewards can come in many forms; some of the most popular are: Virtual gift card rewards, instant win games, visa virtual cards, and sweepstakes entries.
Primary Benefits of Virtual Incentives:
- Instant issuing for instant use by participants
- Will not be lost in the mail
- Immediate delivery
- Easy of use for your employees
- No production cost
Virtual Visa prepaid cards and gift card virtual incentives are great choices for remote works. Unlike merchandise, which can take weeks to get to incentive program participants, virtual gift cards and prepaid cards can be redeemed instantly, giving your employees rewarding experiences while participating in your incentive program.
At All Digital Rewards, we are in the virtual prepaid and gift cards business. All Digital Rewards has and extensive offering of rewards and incentives which are supported by our proprietary SaaS STACK™ solutions. This provides our clients with a true turnkey reward management solution that can fit both small and large-scale employee recognition incentive programs. All Digital Rewards offers custom-branded Prepaid cards and gift cards from over 300+ popular brands and stores, along with experiential rewards and merchandise.
To learn more about how All Digital Rewards can support your employee recognition program call us today at 866-415-7703 or click to “Schedule a Demo” button at the bottom of the page!