Keeping employees motivated and engaged is more important than ever during tough economic times. This white paper takes you through the dos and don’ts of incentivising on a budget – how to maintain morale and maximise the return on your investment.

During difficult economic conditions, the competition for custom intensifies; customers become far more discretionary in their spending and focus on getting the most out of their money. So it‘s essential that employees are motivated to provide the highest levels of service that will set the company apart.  Whilst it may be tempting for employers to make a quick saving by cutting the incentives budget, it’s also a false economy. It’s important to remember that organisations with effective incentive schemes and high employee engagement consistently and significantly outperform their competitors.

Unfortunately over two-thirds of employers report that low staff morale is currently an issue and almost three-quarters realise that they face the problem of re-engaging staff in the organisation.  Going forward, employers are recognising that employee commitment will be vital if a company’s performance is to be sustained. A recent survey found that 64% of employers intend to increase their focus on the motivational value of reward programmes over the next 2-3 years.

…read the rest of this white paper (no email/registration required).