KUUDOS FOR STAFF
Low unemployment levels and skills shortages are hurting businesses
Companies across Australia are finding it increasingly important to hold onto their valuable staff and are investing more and more in employee retention and recognition. In addition, employee stress during and after the pandemic, together with added cost of living pressures, means that work life balance is also now a priority. And when people have a certain quality of life, it’s reflected in their work and productivity.
The cost to your business
Organisations where people are unhappy also typically have a high employee turnover rate; this translates into high recruitment and training costs. In addition – employees who are unhappy and feel stuck in their jobs will take more sick leave. Not investing in your people can directly affect your bottom line – but there are many ways that companies can waste their dollars and miss greater opportunities.
Use your dollars
more effectively – leverage them to provide rewards of
far greater value
If your current reward process is something like giving away a $100 Coles Myer voucher as a Christmas gift or in a recognition program, your cost is likely to be close to $100. Far better (for the same cost) for you to offer many times the value in travel rewards, at the same time giving staff opportunities to take a break and refresh, immeasurably enhancing their quality of life.
HOW KUUDOS CAN HELP?
The gift that keeps on giving.
Positive recognition helps build employee trust, satisfaction, engagement and overall loyalty. Additionally, by encouraging travel and experiences, you are supporting individuals to de-stress, boost happiness and increase creativity.
For the same cost of that $100 gift card, your business could provide your staff with many times that value in accommodation and travel
Experience Rewards
In simple terms, you can offer your staff a great rewards and lifestyle program:
All staff have their own personal account in the online travel booking and rewards portal branded for your company
Access to over 2 million hotels and resorts worldwide at below internet retail
YOU allocate reward dollars to be used on the portal for bookings (from $500 available per staff member)
You administer and award the rewards as and when you wish
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