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Study reveals non-cash reward programs work best
A study of 235 managers by People Performance Management and Measurement showed that the majority of managers prefer non-cash reward and recognition programs. The report stated: “Non-cash programs are seen as being considerably more effective for activities designed to positively impact internal operations and those designed to improve customer relations. Non-cash programs are viewed as more effective for 9 of the 10 organizational objectives studied...
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Successful incentive scheme planning
It is important to step back and review your incentive scheme every once in a while. This can be a time consuming task, but if your incentive scheme is successful it can get the best out of your staff. Simply asking yourself these questions about your scheme can show you where there is room for improvement.
Read More >>
Motivating Staff – 5 Reasons why giving cash is a mistake
A common mistake employers make when motivating staff is to focus on giving cash rather than other forms of reward which can have a bigger impact. Love2reward’s Marketing Manager Robbie Davies believes there are 5 reasons why giving cash is a mistake...
Read More >>Incentive Schemes: How to set up and implement
Robbie Davies, Love2reward Marketing Manager, explains the nine steps to setting up and implementing a successful incentive scheme: Objectives, Budget, Audience, Targets, Timescale, Rewards, Launch, Communication, Results, Analyse and Report back...
Read More >>Customer Loyalty Survey reveals most loyal consumers are from North East
No business can afford to take customer loyalty for granted as consumers are often open to switching from brand to brand in order to get the best deal. A recent loyalty survey of 2000 adults has found that customer loyalty is strongest in the North East and weakest in the South East...
Read More >>Promotional gifts research shows fascinating insight
Research by the British Promotional Merchandise Association (BPMA) has found that 49% of senior marketers have increased promotional gift spend compared to the previous year. The report’s key findings show 66% of senior marketers purchase promotional gifts at least every three months...
Read More >>How do employees redeem their gift vouchers and cards?
Gift vouchers and prepaid cards are becoming increasingly popular amongst businesses for staff incentives and rewards. Once awarded they allow staff the freedom to choose their own reward, which can make gift vouchers much more attractive for the employee and the employer alike, providing that the gift card or voucher is from a desirable brand...
Read More >>Getting the most from Long Service Awards
Long service awards reward staff for their loyalty to their company after a period of time. This can be as little as one year or as many as 40 years (or possibly even longer in some companies – depending on the industry). Long service awards are one of the most important that a company has to offer, so it is vital that the right reward is chosen...
Read More >>The Real Wage drop and why incentives are so important
According to research by Trades Union Congress employees in the UK have seen the biggest drop on real wages compared to any workforce in the world’s top ten developed economies. Real wages in the UK dropped by 4.5% between 2007 and 2011...
Read More >>Why gift vouchers?
Many companies use gift vouchers as an effective employee reward over the other gifting mechanisms available. Martin Cooper, Head of Sales, Love2reward explains how they can they used for reward & recognition The main advantage with gift vouchers are that they are a tangible, instant reward. The immediacy of them is a good thing for employee rewards...
Read More >>Study reveals non-cash reward programs work best
A study of 235 managers by People Performance Management and Measurement showed that the majority of managers prefer non-cash reward and recognition programs. The report stated: “Non-cash programs are seen as being considerably more effective for activities designed to positively impact internal operations and those designed to improve customer relations. Non-cash programs are viewed as more effective for 9 of the 10 organizational objectives studied...
Read More >>Successful incentive scheme planning
It is important to step back and review your incentive scheme every once in a while. This can be a time consuming task, but if your incentive scheme is successful it can get the best out of your staff. Simply asking yourself these questions about your scheme can show you where there is room for improvement.
Read More >>Motivating Staff – 5 Reasons why giving cash is a mistake
A common mistake employers make when motivating staff is to focus on giving cash rather than other forms of reward which can have a bigger impact. Love2reward’s Marketing Manager Robbie Davies believes there are 5 reasons why giving cash is a mistake...
Read More >>Incentive Schemes: How to set up and implement
Robbie Davies, Love2reward Marketing Manager, explains the nine steps to setting up and implementing a successful incentive scheme: Objectives, Budget, Audience, Targets, Timescale, Rewards, Launch, Communication, Results, Analyse and Report back...
Read More >>How do employees redeem their gift vouchers and cards?
Gift vouchers and prepaid cards are becoming increasingly popular amongst businesses for staff incentives and rewards. Once awarded they allow staff the freedom to choose their own reward, which can make gift vouchers much more attractive for the employee and the employer alike, providing that the gift card or voucher is from a desirable brand...
Read More >>Getting the most from Long Service Awards
Long service awards reward staff for their loyalty to their company after a period of time. This can be as little as one year or as many as 40 years (or possibly even longer in some companies – depending on the industry). Long service awards are one of the most important that a company has to offer, so it is vital that the right reward is chosen...
Read More >>The Real Wage drop and why incentives are so important
According to research by Trades Union Congress employees in the UK have seen the biggest drop on real wages compared to any workforce in the world’s top ten developed economies. Real wages in the UK dropped by 4.5% between 2007 and 2011...
Read More >>Why gift vouchers?
Many companies use gift vouchers as an effective employee reward over the other gifting mechanisms available. Martin Cooper, Head of Sales, Love2reward explains how they can they used for reward & recognition The main advantage with gift vouchers are that they are a tangible, instant reward. The immediacy of them is a good thing for employee rewards...
Read More >>The Importance of Managers in engaging and motivating staff
A well-managed company is more likely to succeed, and a well-managed company relies on having good managers. Managers play an important role in the mentality of their workforce, and are in a unique position to motivate and reward...
Read More >>Why employee engagement is important
No company can afford to neglect employee engagement at the present time. There are several explanations for this. Some would say that due to the economic downturn, money and resources are unavailable so it is important to keep your talent happy, others argue that keeping staff on side simply makes good business sense...
Read More >>Customer Loyalty Survey reveals most loyal consumers are from North East
No business can afford to take customer loyalty for granted as consumers are often open to switching from brand to brand in order to get the best deal. A recent loyalty survey of 2000 adults has found that customer loyalty is strongest in the North East and weakest in the South East...
Read More >>Promotional gifts research shows fascinating insight
Research by the British Promotional Merchandise Association (BPMA) has found that 49% of senior marketers have increased promotional gift spend compared to the previous year. The report’s key findings show 66% of senior marketers purchase promotional gifts at least every three months...
Read More >>How to achieve customer loyalty
Customer loyalty is the ability a company has to retain its existing customers, and stop them going to their competition instead.
Read More >>The benefits of Promotional Marketing
Promotional marketing is when companies use extra rewards to incentivise the selling of their products.
Read More >>How to run a successful sales promotion
A sales promotion is a short scheme that aims to boost the sales of a product or service.
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