Have you ever wondered how you can reward and invest in your workforce without just giving out pay rises? Our Chief Commercial Officer, Michael Kalli, shares his top five tips. Take a look below...
Kristina Singleton
01-05-2025
Motivating and encouraging your employees to reach their full potential can be a bit of a struggle. Traditionally, this has all been about promotions, pay rises, and big bonuses, but in recent years, how employers reward and approach investing in their workforce has shifted. We're quickly learning that employee engagement comes from a few different incentives, not just financial benefits.
All too often, employers see employee benefits schemes and incentive programmes as an expense instead of an investment. However, both you and your employees will actually benefit from having a decent benefits scheme in place.
When recognition and rewards are organised and implemented correctly, they can positively impact ROI and staff satisfaction. The best benefits schemes focus on encouraging and motivating your employees to be the best they can be. It's not about throwing more money at them in rises and bonus schemes; you've got to invest in your employees in various ways.
Luckily, Ello Group has plenty of useful advice and information when it comes to investing in your workforce and engaging staff in the long term. So, let’s get into our six suggestions for you to consider implementing in your workplace for happier employees with lasting personal goals within your organisation.
For most employees, it takes more than just cash incentives to motivate and encourage them long-term. As a company, you should provide your staff with trust, ownership, and performance management. Every employee should be treated as though they're their own entrepreneur.
They should feel a sense of pride and ownership over their work and job role, and giving them the freedom and support to really embrace their position as their own is a great incentive for them to stay with you long term.
With this leadership mindset, you'll design a positive work culture where any other incentives are a real bonus for an already engaged and motivated team.
Don't underestimate the impact of your workspace. If you furnish your team with an inspiring and well-suited work environment, they'll be more motivated to work hard and put in the hours. It's so important to give your employees a space they enjoy coming to every day – it can be one of the biggest incentives of all.
Your business's work environment should be designed around the people, not the building, and you can create a range of areas and setups for various needs while at work. Investing in your work environment is a great way to improve productivity and the overall happiness of your staff.
Another way to boost engagement? Investing in your team's growth and development. You've got to set a clear plan for progression opportunities and provide your staff with relevant development programmes.
Investing in employee learning is a brilliant business investment and an even better incentive and benefit for your staff members. Implement a learning plan for every employee and invest in relevant training and development courses.
For most individuals, one of the biggest factors in workplace happiness is the people and team members they work alongside. Investing in and encouraging your team to bond is a great motivator. Not only will you reward your staff with some fun team-building days out, but you'll also enhance their work environment by improving their work relationships.
You don't have to spend tons of cash on expensive team-building days. Simple social occasions are often enough to get a small team to bond. Try organising a monthly Friday lunch in the local pub or a staff sports day.
Every employee wants respect, responsibility, and freedom in their roles. But they also want recognition and reassurance that they're doing a good job. Regular coaching, one-to-ones, and appraisals are great ways to help your team members know where they stand.
Experience-based benefits schemes are another fantastic means of investing in your workforce. These platforms show your employees that you understand the importance of a healthy work-life balance. So, reward your employees with discounts and deals on one-of-a-kind experiences that they can enjoy with the family.
Here at Ello Group, we provide a whole range of solutions including dining rewards, coffee shop rewards, entertainment benefits and cinema rewards for your employees to enjoy in their free time.
Get in touch and speak to one of our experts today.
