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Top 5 ways to increase employee motivation using Rewards in 2021

2021 presents to us a whole different way of an employee, employer, and workspace relationship. Working from home is the new normal, and distances between colleagues is becoming greater than ever. As the HR team in your organization, 2021 throws up new challenges in terms of employee connect and motivation. Are your Corporate Reward programs geared up to handle the challenge?

Here we list down the top 5 ways this year to increase employee motivation in your organization and the right corporate rewards program to help you achieve yours and your organization’s goals.

1. Ensure that employees understand and appreciate the rewards as worth the effort

Employees who view the rewards as worth the effort will appreciate your effort and be more motivated to work hard to obtain them. Take that extra time to help them understand and appreciate the reward.

2. Make sure that employees understand how to earn the rewards

As the HR Team you should clearly define how employees can earn their rewards. When employees have a comprehensive understanding of what is expected of them, they will be more capable and focused in achieving performance standards.

3. Make your rewards a mix of both monetary and non-monetary

Reward systems that include a combination of monetary and non-monetary rewards have a wider appeal and a greater aspirational merit attached to them. A thoughtful non-monetary gift will have a stronger emotional pull while a monetary gift will bring about a greater sense of gratification.

4. Match the reward to the employee for that perfect fit.

Allow each employee to select their own reward or decide what rewards employees should receive under predefined circumstances. This will enhance their commitment to achieving the reward by engaging in the required behaviour. Understanding the needs of employees is central to this process and our corporate reward program helps you achieve that.

5. Provide rewards immediately after the employee achieves the desired behaviour

The longer the delay in providing the reward after the employee’s achievement, the less of an impact it has shaping subsequent behaviour. Instant rewards, instant gratification is the key to the most effective utilisation of Corporate Rewards to boost your employee motivation.
We have deliberately left out one key component in going about ensuring Employee motivation. A good corporate rewards program needs a great corporate rewards partner. And that is where Qwikcilver steps in. With Qwikcilver’s future ready yet cost effective employee rewards solutions, you can bring about a radical change in your employee rewards process and thus ensuring high levels of employee motivation. If you are still with us and absolutely committed to the motivation and gratification of your employees, just drop us your official email ID and your mobile number below and our Corporate Rewards experts will reach out to you.

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