Employee incentives are benefits or rewards offered by employers to motivate and engage their workforce.

The goal of employee incentives is often to create a positive work environment that encourages employees to perform at their best, improve their morale, boost productivity, and remain engaged with the company.

One of the most important aspects of managing a team is keeping morale and productivity high.

Employee incentives are a great way to do this, as they give your team members something to work towards and it shows you recognise their hard work.

However, coming up with new and effective employee incentive ideas can be a challenge. Here are a few suggestions to help you out.

6 Loveable Employee Incentive Ideas

Monetary Rewards

Monetary rewards are a classic incentive that most employees appreciate. These can include bonuses, raises, or gift cards.

These rewards are especially effective for employees who are motivated by financial gain.

However, it’s important to remember that money isn’t always the most effective motivator, and it’s also important to consider other types of incentives as well.

Although money can be a great motivator, some employees may be motivated by other incentives.

Recognition and Praise

Recognising and praising employees can be a fantastic way to incentivise employees.

This can include verbal recognition in a team meeting, a note of appreciation, or even a certificate or trophy.

Some companies show recognition with “employee of the month” awards.

Publicly acknowledging an employee’s hard work and achievements can be a powerful motivator.

It helps to show employees that their contributions are valued and appreciated.

Employee Wellbeing Treats

What better way to incentivise employees than to provide some employee treats that support their wellbeing.

The great thing about this is, staff treats can be a range of different things.

To help employees feel included you can even get them to help decide.

Wellbeing treats can be things like on-site massage, mindfulness sessions, wellbeing workshops and more!

Supporting employee wellbeing has a vast range of benefits and

Professional Development Opportunities

Providing possibilities for professional development is another superb way to boost employee morale and motivation.

When employees feel they have progression opportunities and are continuing to learn, they feel more motivated.

Professional development opportunities may involve attending conferences, training sessions, or mentorship opportunities.

These rewards not only acknowledge an employee’s good work but also aid in their skill development, which can act as a wonderful motivator for employees who are aiming to improve in their careers.

Flexible Work Arrangements

In today’s working environment flexible work schedules are becoming more and more normal.

These might include things like, having flexible work hours, compensated time off, or the ability to work from home.

These incentives provide staff more control over their work-life balance, which many individuals find to be a powerful motivator.

Flexible work arrangements mean that parents can fit in their school runs, and other employees can fulfil their out-of-work commitments.

Team Building Activities

Team-building activities are a great way to bring colleagues together, inspire productivity and boost team morale.

Activities can be things like company-wide gatherings, team trips, away days, or even just a happy hour.

Implementing team building activities can help to foster a strong team dynamic which only aids in improving morale and productivity.

Whatever employee incentives your company decide to choose, ensure the company tracks how beneficial these incentives are.

This could include company surveys, feedback forms or simply asking employees in person, how they feel about their incentives.

If you’re looking after incentives to support employee wellbeing, check out or employee wellbeing services.

Author 

Tyler Lowe – Health & Wellbeing Speaker

BSc Sport & Exercise Rehabilitation

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