Why have an
Employee Benefits program?
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Help achieve HR strategic targets |
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Help improve staff retention and acquisition |
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Help improve employee morale |
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Reduce recruitment and training costs |
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Support employer of choice status |
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Demonstrate differentiated workplace practices |
İEmployee Benefits Program
2009
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Employee Performance Recognition Reward Program |
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This is a great way to reward employees for performance outcomes.
Our Employee Rewards Programs are tailored to our clients requirements. The following provides some of the key features
that may be included:
- Streamlined and secure management:
- Secure on-line allocation of rewards by authorised officers
- Secure on-line redemption of rewards by employees
- Financial outcomes:
- Cost savings - rewards are paid for at wholesale and not retail prices, saving around 15% to 25%
- Improved cash flow - rewards are paid for on redemption of rewards by employees and not on allocation
- Reduced HR administration costs and improved controls
- Program structure:
- Tailored and branded to our client's requirements
- Employees can receive notification of rewards electronically or by way of branded gift certificate hand delivered
in team meeting
- Rewards can be structured with a defined period for redemption or can have an unlimited redemption period
- Frequent reports at company and cost centre levels
- Program reports can include items flagged for FBT
- Redemption of rewards
- Employee logs onto the secure client branded rewards website
- The employee's balance of rewards allocated is clearly shown as is the rewards redemption value for each product
- The employee can choose to:
- Redeem against one or more products up to the balance of their available rewards
- Accumulated sufficient rewards to redeem against their chosen product
- Redeem against a product with a higher value than their rewards balance and pay for the difference
- Products available for redemption:
- There are in excess of 20,000 individual products for employees to choose from. The products are from major brand name suppliers and are designed to
satisy all needs.
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