Posted on: Wednesday March 06, 2019
How to measure the ROI of your Reward and Recognition programme.
The return on investment of employee benefits can be seen in many different aspects of the employee experience, such as retention rates, staff motivation, staff happiness, employee satisfaction, and length of service. This can make measuring the ROI of a Reward and Recognition programme a difficult process, as your return may not be easily boiled down to a monetary value.
If you’ve found yourself struggling to calculate the ROI of your Reward and Recognition offering, check out our handy infographic for a few quick and easy ways to get started.
Spending money on incentives to keep turnover rates low makes good business sense. But it’s also important to make sure that you have found the most cost-effective option for your business - many reward and recognition providers make their money from unused gift cards and e-vouchers, as they retain the cost even when the products go unused.
To discuss your reward and recognition strategy with one of our experts, call 01908 605000 or email [email protected].
Minimum Wage, Maximum Quandary
With the April wage and NI increases behind us, employers and HR teams are now reassessing reward strategies. By taking a targeted, tech-enabled approach and strengthening communication, it’s possible to maximise budgets while still supporting, motivating, and retaining talent.
Posted on: 12 June 2025
Understanding Claims Drivers and Conditions to Help Employers Plan Effectively
Employers can tailor benefits more and introduce preventative measures by simply examining claim driver trends across insurance products.
Posted on: 28 May 2025 by Lisa Hack, Head of Product
How Can a Multigenerational Workforce Support Younger Employees’ Mental Health?
Writing this piece made me think about The Intern starring Robert De Niro. He returns to work in his 70s, is initially uncool and obsolete but ends up having a positive impact on all the people around him ...
Posted on: 15 May 2025 by Andrew Walker, New Business Development Director
