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5 Ways to Reward and Motivate Your Small Business’s Employees

Hppy

The best place to start tackling the challenges would be employee appreciation. Earlier expensive bonuses used to be the best reward for employees, but the times have changed. But do not worry, we have listed down 5 ways you can reward your employees and keep them motivated. Adopt an employee loyalty program.

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Non-monetary Incentives That Will Help Retain Employees

Vantage Circle

What kind of incentive program do you think of when rewarding employees? Cash incentives? But employees, nowadays, look for more personalized, non-monetary incentives from the organizations that they work for. Offering flexibility can help employees maintain a good work-life balance. Gift cards?

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How To Build An Employee Stock Purchase Plan

Vantage Circle

However, to create an employee stock purchase plan, you must first thoroughly understand what it entails. What Is An Employee Stock Purchase Plan? The employee stock purchase plan (ESPP) is a type of employee incentive plan where employees are often offered company shares at a discount to the market price.