article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

A new survey conducted by Fractl found that, after health insurance, employees favor benefits that are relatively inexpensive to employers, such as flexible hours, extra paid vacation time, and work-from-home options. Profit-sharing Plans. Hence, enter the profit-sharing plan.

PTO 105
article thumbnail

57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

Some companies share a portion of their profits with employees as a way to reward them for their contributions to the company's success. This can be distributed through bonuses, profit-sharing plans, or stock options. Travel and adventure Travel and adventure gift cards open the door to exciting experiences.

Bonuses 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

Some non-monetary rewards include opportunities to learn and grow, extra time off, profit-sharing plans , wellness memberships, etc. Work-life balance is a term that describes how well employers are allowing their employees to balance their personal obligations with work responsibilities. Overall Well-being.

IT 52
article thumbnail

14 Employee Engagement Activities for Blue Collar Workers to Motivate and Empower Them

Empuls

During these events, UPS often surprises employees with personalized gifts that align with their interests or hobbies. 💡 For example , John Deere , a global leader in agricultural machinery, hosts an annual event called the "John Deere Skills Competition." 💡 For example , WinCo Foods , a U.S.