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Did you know that up to a third of your workers will consider leaving their jobs in the next year? Especially at-risk are employees with less than five years tenure. Fortunately, turnover doesn’t have to be a problem - a very good thing, since it can cost up to 1.5 times a person’s salary to replace him or her.
People simply want to feel appreciated. You can boost staff morale and performance with a rewards program. A 2005 survey by the Incentive Foundation found that 80% of employees had better recall of previous rewards than of how much money they had made!
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| To inspire loyalty and hard work, one computer-equipment provider set the bar low; giving every sales rep that made at least 25 phone calls a reward. Company executives created Dialing for Dollars Day, during which they walked through the department distributing themed prizes to the salespeople.
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| Over the course of a year, the staff received imprinted tie-dyed caps, Tshirts, stuffed toys, etc. The program has helped the company create a positive workplace where employee turnover is down 50% and overall sales are up 35%. Please call us today for ideas to help improve your company’s morale.
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The goal of our newsletter is to help our clients grow their business. Branded Merchandise is designed to increase awareness, name recognition, and lead generation. Premiums, when used as incentives or rewards, will improve customer loyalty, employee morale and productivity. | |
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