Rewards and recognition are closely related to employee performance. The more employees get rewarded for their good deeds, the more efforts they will give for an organization. Reward practice within an organization helps the authority to gain employees trust, as a result, employee satisfaction increase. Unfortunately, running an effective and unbiased reward program isn't that easy. It needs a very experienced person, because of that reward programs often gets too expensive. Fortunately, we live in the digital era and almost every manual job can be done using digital platforms. Nowadays, we have reward platforms with many useful features to make reward programs easier and more effective. How? Let's discus ...
Point Base Employee Reward
One of the key benefits of using a properly designed reward platform is that it allows reward points to be applied. Digital platforms keep track of points earned by an employee through his/her positive efforts. In this way, no good action by an employee goes unnoticed. As a result, management can make appropriate and unbiased decisions to reward an employee. As employees can see the progress and increments of points, they understand that their efforts are being counted.
Gamification in reward and Recognition programs
Gamification is one of the groundbreaking ideas of this century when it comes to engaging people. This technology is now being used across many industries to engage customers, employees, potential clients, etc. Adding gamification features to a reward program gives it a new dimension, and many organizations are now using digital reward platforms for this reason. In recent days, companies are considering customer feedbacks as an important factor in employee reward. Until recently, it was almost impossible to gather feedback from customers on each employee's performance, but gamification made things easier. For example, Wambi collects patient feedback and uses it to recognize and reward healthcare. Gamification features of this platform made providing feedbacks fun for the patients.
Instant Recognitions and Rewards
Instant recognition and reward have a huge positive impact on employee satisfaction. Many HR experts suggest creating a culture of in the spot appreciation in every workspace, and on the spot-rewards can only make things better. But it's not always possible to reward employees instantly. But it's not always possible to reward employees instantly. Instead, you can let your employees see their progress towards the promised reward. This is what digital reward platforms do via showing employee dashboard.
Employees can share their achievements
Millennials are used to sharing their achievements with friends and family and are very fond of social media. Most millennial employees want to share the news of being rewarded. These shares also increase the goodwill of a business. So, it is wise to provide the opportunity of sharing achievements. A well-designed reward platform has the option to share the news of being rewarded.
Good for Employers & HR
The online or digital reward platform simplifies the reward program and allows employers or HR managers to focus on setting more sustainable strategies for the future. HR department now needs to address the diverse expectations of employees, burnout issues, retention strategies, and more. It's relaxing for them to have a system or platform to help them efficiently organize reward programs.