Most people would agree that reward and recognition programs can be effective in motivating employees. Data z Reward Gateway shows that 90% of HR professionals believe these programs help drive business results. in addition,The study found that organizations that implement recognition initiatives have 14% higher worker productivity and performance compared to those that do not.
More engaged workers also tend to stay longer
This is especially important in retail, where employee turnover is 60% — well above the general average of 17.8% . If you want to retain employees for the long term, you need to keep them happy and motivated. And one way to do that is through an employee rewards program.
That being said, not all employee lebanon whatsapp number data incentive programs are created equal. To maximize the benefits of these initiatives (eg, increased employee morale, efficiency, etc.), you need to make sure you are implementing the right strategies and tactics.
To help you do just that, we’ve reached out to a few experts and asked them to share the most common mistakes retail employers make when trying to reward team members—and what to do instead.
Relying on a single person to decide who
gets a reward or recognition
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When it comes to retail employee strategic use of social meia recognition and rewards, someone obviously has to decide who gets the award. But giving that responsibility to one person (usually a store manager or executive) is a mistake, says Craig Miller, co-founder of Academia Labs LLC .
“People tend to be very subjective and tend to favor one thing over another, so giving decision-making power to just one cg leads person is not beneficial at all. Although a supervisor knows the tasks and productivity levels of each member of her team, there is still the possibility that she may consciously or subconsciously favor someone,” he says.