We have a variety of reward solutions that can define or improve your employee service recognition.
When we think of long service awards, we traditionally think of the employees who stay loyal to their employer for 10, 20 or maybe 30+ years.
But the landscape is changing. According to one global recruiter1, UK employees will stay with one employer an average of just four and a half years. It’s a clear-cut indication that the temptation of being rewarded for longevity isn’t worth the wait. Whilst it’s important to have rewards in place for the ones that do provide years of service, the time is now to drop the ‘long’ and readjust your rewards strategy to simply include ‘service awards’.
Extensive years of service must continue to be rewarded. Showing your appreciation for the display of loyalty an employee gives you needs to remain an important part of your long service awards policy.
Whichever milestones you decide to celebrate, employees should be made to feel valued within your company. The longer the service, the more effort that employee has put in and the bigger the return on your investment in them. Why not show them an ROI of their own with a reward that provides them their choice of places and ways to spend?
Shorter stints of employment shouldn’t go unrewarded. Employees who reach one and two year milestones also ought to be recognised for the effort they’ve given your business during that period. Chances are they’ve made quite the impact.
Recent Blackhawk Network research2 shows that 75% of those who receive appreciation from their employer feel more valued, which we believe makes them more likely to continue putting in the effort (and ultimately stay with you longer!).
Physically presenting a reward to an employee is sure to leave a positive influence. Taking the time to publicly acknowledge their service to your business encourages morale and promotes a feeling of being valued within the company.
Rewarding via digital channels allows your business a fast, easy method of acknowledging service. You can still publicly announce and celebrate an employees’ milestone, but use a digital reward that promotes a contactless exchange, no postage fees and a smaller carbon footprint.
Select codes are suitable for rewards of up to £5,000, so these are the perfect solution for those employees who you want to show a bigger gesture. Select can be your branded end to end rewards platform, providing your staff with a customised catalogue of well-known brands to redeem their code against. Or you can simply buy codes in bulk and use our Select branded website for redemption.
Select codes can be issued in either a physical or digital format, providing you with the ultimate tool for all your employee reward needs.
Available in denominations up to £120, One4all cards are perfect for smaller value rewards. These versatile cards allow recipients to shop in thousands of retail outlets and restaurant locations across the UK.
You can get One4all gift cards in both physical and digital formats and you have the ability to brand these cards with your own custom design and logo.
With a range of packages to suit your price point, Envy provides a choice of real-life experiences. Perfect for those employees who have really made a difference to your organisation.
Recipients choose their experience themselves and have the ability to upgrade the package you have paid for if they wish to spend more.
Envy experience vouchers can be presented in both physical and digital formats and personalisation features are available.
1 BPS World
2 How We Pay Report UK 2020, Blackhawk Network
