The importance of reward and recognition during these uncertain times is paramount
Over half of employees (58%) are not expecting a Christmas gift – according to a recent report from gift card provider Blackhawk Network.
The survey found that 40% of employees aged between 24-41 are expecting a gift from their managers, however only eight percent of workers over 57 think they’re getting a bonus this Christmas.
“Employers are increasingly getting better at rewarding staff and making them feel valued, but COVID-19 and the surrounding restrictions are going to make that difficult this year,” added Chris Ford, senior director of incentives at Blackhawk.
“It is important to remember that even the smallest rewards can go a long way in building morale, even during tough times.”
The importance of reward and recognition during these uncertain times is paramount.
Giving employees any sort of thanks – be it in monetary form or just a pat on the back – is known to increase morale and productivity. In fact, 40% of workers admit they’d put more energy into heir work if they were recognized more often.
Some companies take reward to a whole new level – as demonstrated when KFC bought one of their employees a brand new car after it emerged she had to walk two hours to work each day.