Many companies have employees working remote or from home. This is a tremendous opportunity for companies to save money and increase their employee retention. However, it is not uncommon for many companies to feel that it can be difficult to engage their remote workers. One of the most effective ways to engage both remote and in-person workers, is through incentives and rewards.
No matter what sort of organization or company you have, people are motivated by incentives. A study from the Incentive Research Foundation (IRF) showed that 81% of the top-performing companies had non-cash reward programs. A 2016 study by DCRStrategies reported that 79% of companies that have used employee incentive programs say that their incentive program resulted in achieving their established goals.
There are lots of options that can work well with a remote team. Consider a points-based marketplace where employees can earn points for desired behavior and redeem them for merchandise or other rewards. This can be an effective way of both tracking your remote workers’ productivity and keeping them engaged with your company’s goals.
Digital rewards are an excellent choice as well. Your remote workers are usually fairly tech-savvy and enjoy the perks of an internet-based life. As a result, they may not want to wait for weeks for merchandise to show up. This means that digital rewards may be a good fit for your incentive program. With digital rewards, your participants can redeem their reward instantly without any hassle.
Gift cards, both virtual and physical, or visa prepaid cards, can also be a wonderful choice for your incentive program for your remote workers. Gift cards and prepaid cards are viewed like cash by participants, which makes them one of the most popular types of incentives.
If you choose to use gift cards, it is important to make sure they can be redeemed at stores that will be of interest to your participants. If your participants have too broad a range of interests, perhaps prepaid cards would be a better fit.
Whatever types of incentives you choose to utilize, it is important to have the support structure in place to make sure that your program runs smoothly. You need technology that will allow for the instant delivery of rewards, tracking of analytics, and the support structure to run your employee incentive program.
Working with a rewards program service and technology provider like All Digital Rewards will allow you to easily set up a winning incentive program. We offer incentive program management technology, reward delivery services, and incentive experts to help you through every stage of your program. Applying our SaaS Partner Relationship Management Platform will simplify even the smallest promotion. We can connect to your existing system or provide an external solution to meet your needs.
To learn more about our STACK™ SaaS Program Management Software, call us today at 866-415-7703, or click on the button below to schedule a demo.