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Follow on Google News | Achieving Business Success by the Millions Without Costing an Arm and a LegEmma Connors from Business Review Weekly commented in her article ‘Perks in Progress’ on 30 April 2009, that “extravagant incentives are on the back burner, but the best companies are devising unique ways to engage and reward staff”.
By: Ben Thompson and Simon Tufrey “The organisations that we partner with day-to-day have worked out the magic formula of reward and recognition long before the pack has caught up’ states Simon Tufrey, Motivation Coach of Power2Motivate Asia Pacific. ‘The best rewards programs that we are involved with are well planned, strategically sound, and focused upon driving employees to perform better, and with enthusiasm for what they do.” “The strategic focus of good reward initiatives, always outperform the ill-conceived ones.’ Tufrey argues ‘There is no point throwing perks out to your good staff on an ad-hoc basis, particularly during these times of economic uncertainty. That said, companies must continue to invest in their people and to work at developing a happy work culture. Ultimately, it is businesses that presently have a good working culture that are performing best and are sought after in the jobs market - and these businesses motivate their staff through well structured rewards.” The proposition of setting up an employee-focused rewards program in the current economic climate may seem daunting; however there are ways to avoid unnecessary burdens. Power2Motivate have a unique position in the reward and recognition market, providing a global online platform for its partners without set-up or ongoing management fees attached. “Our proposition is simple; our system allows organisations to reward their staff with points which can be redeemed by employees when choosing their own rewards. There are no costs associated with the system except for what is granted to employees. So, every cent is going towards engaging staff; and this is something quite unique in the marketplace.’ Organisations mustn’t be intimidated by reward and recognition systems - they are a fundamental part of any successful business - but it is also vital that you invest your budget wisely. Ultimately a programme which can offer you best practice, versatility and value for your carefully invested dollars must be at the top of the list. # # # Power2Motivate - Delivers uparalleled value, outstanding results driven service and an unsurpassed range of features and rewards in the area of Employee Recognition, Channel Partner/Sales Incentives and Customer Loyalty. End
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