A Different Twist for Employee Rewards That Won’t Kill the Bottom Line
If you are an employer, you may find that giving out employee rewards is something that you have had to cut back on. Whether you were giving out fat bonus checks or any of the many other rewards that workplaces offer, the economy may have caused you to have to cut back. Wouldn’t it be nice to continue to reward your staff with something very special that appeared to cost more than it actually does?
If office morale is down because those fat bonuses have been stripped away, think of the boost when you give a free cruise for two away each month to a different employee. Maybe you give them choice between a long weekend in Costa Rica or 4 days in the Bahamas. I know what you are thinking, the budget has been cut and there is no way the company can afford something like that.
Well if your company can afford a few hundred dollars a month, each and every one of these trips is possible. How you ask? By using travel vouchers you can offer better employee rewards to your staff and do so at a very reasonable price. As long as you are willing to bend the rules a little and be flexible with their vacation days, you can give them a trip of a lifetime and boost morale more than any year-end bonus ever could.
Travel vouchers are a great way to go about rewarding your staff as they will only cost a small portion of what the trip would actually go for. In most cases, you are saving about 70% of the ticket price of airfare, hotel and other forms of travel. Because you are using the tickets during restricted times, the prices are cheaper. Everyone wins in that the agencies fill up the empty seats and the consumer gets a trip for far less money than they ever could.
The one thing that you have to keep in mind is that there are sometimes restrictions on the travel vouchers and this is where you having flexibility with the staff in regards to taking vacation days comes into play. Because of some of these restrictions, you may want to give them a little leeway in the standard vacation warning. A spot may open up that will be too good to pass up and instead of giving you a few months notice, you may have to be happy with a few weeks.
When you take everything into consideration that is a small price to pay in order to keep the morale up in the office and have staff that is actually looking forward to come to work to do their job. Offices today have people walking on egg shells and putting a few dollars out in the way of employee rewards could end up paying you back tenfold in the long run. Instead of worrying about losing their job, they will be putting out a little extra effort in order to win that trip that they would not otherwise be able to afford. |