News Death of the Christmas hamper? Traditional Christmas rewards such as wine, food and Christmas parties have fallen out of favour among the majority of UK employees who say they would prefer employers to show their appreciation by letting them choose the reward they get, according to new research from Edenred. The findings drawn from surveys among employers and employees published today in a new report “The Big Red Report – Motivating and engaging employees with end-of-year rewards” show that: • Only 5% of employees said a gift of food or wine was the best way for their employer to recognise their hard work through the year. • While 10% said they wanted a Christmas Party, 70% said that getting vouchers or cash which lets them choose their ultimate reward was the best way for employers to show their appreciation. • Employers are failing to keep track of what employees want with only one in ten (11%) saying they had asked people would they would like to receive. • Half of employers (51%) leave decisions about Christmas reward until the last minute in November or December. • Only one in four (25%) employers have a plan for managing the Christmas reward process. Andy Philpott, sales and marketing director at Edenred said: “Our research shows that Christmas reward and recognition is a tradition that is highly valued by both employees and employers. By taking a little more time to consider the kind of reward each employee would most value delivered through as a personal thank you, employers could increase the motivation impact and performance ROI from their end of year rewards. Talking to employees about what they want, taking time to plan end of year reward and putting the act of recognition at the heart of the process should be three priorities for any organisation which wants to ensure their Christmas reward leaves their employees feeling appreciated through this end of year gesture of thanks.” Latest news Grass Roots Group to Join Forces with Blackhawk Network Partnership positions Grass Roots as a global market leader of employee and customer engagement solutions allowing⦠Share Brain & Heart announces the release of their new platform Brain & Heart, the web incentive platform developed by the high technology expertise and incentive experience of⦠Share New Survey Looks at How U.K. Firms Use Incentive Rewards IRF report finds that 81% of U.K. companies offer non-cash recognition to employees- Washington, D.C., June 22,⦠Share Citi announces sale of prepaid card services to Wirecard Citigroup today announced that it has reached a definitive agreement to sell its institutional Prepaid Card Services⦠Share Anglian Water immerse themselves in Employee Recognition with Xexec Xexec’s new Reward & Recognition Platform engages employees, boosting productivity and motivation Xexec, a leading⦠Share Love2shop Business Services Launches The Evolve Digital Reward Platform Love2shop Business Services, a specialist provider of online consumer and employee engagement solutions, in⦠Share Virgin Experience Days win National Direct Commerce Award Virgin Experience Days scooped a ‘best online retailer’ award at the Direct Commerce Awards. The awards, held at⦠Share How spreading a little bit of employee happiness can improve your bottom line Happiness is considered somewhat of a fluffy term, and ask your board of directors if they care about how happy your⦠Share Anchors Aweigh! After the great success of last year’s inaugural event we are setting sail again for the Motivation Awards16. We set⦠Share SGS Launch Employee Long Service Awards to Say Thank You SGS United Kingdom Ltd, part of the world’s leading inspection, verification, testing and certification company, has⦠Share Post navigation In The Spotlight – Nick Deyong, NDL
Death of the Christmas hamper? Traditional Christmas rewards such as wine, food and Christmas parties have fallen out of favour among the majority of UK employees who say they would prefer employers to show their appreciation by letting them choose the reward they get, according to new research from Edenred. The findings drawn from surveys among employers and employees published today in a new report “The Big Red Report – Motivating and engaging employees with end-of-year rewards” show that: • Only 5% of employees said a gift of food or wine was the best way for their employer to recognise their hard work through the year. • While 10% said they wanted a Christmas Party, 70% said that getting vouchers or cash which lets them choose their ultimate reward was the best way for employers to show their appreciation. • Employers are failing to keep track of what employees want with only one in ten (11%) saying they had asked people would they would like to receive. • Half of employers (51%) leave decisions about Christmas reward until the last minute in November or December. • Only one in four (25%) employers have a plan for managing the Christmas reward process. Andy Philpott, sales and marketing director at Edenred said: “Our research shows that Christmas reward and recognition is a tradition that is highly valued by both employees and employers. By taking a little more time to consider the kind of reward each employee would most value delivered through as a personal thank you, employers could increase the motivation impact and performance ROI from their end of year rewards. Talking to employees about what they want, taking time to plan end of year reward and putting the act of recognition at the heart of the process should be three priorities for any organisation which wants to ensure their Christmas reward leaves their employees feeling appreciated through this end of year gesture of thanks.”
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