Category: Corporate Gift ideas

An incentive is an action or a valuable item that motivates an employee to do more of whatever has been asked by the employer. Promotion of a certain kind of behavior or performance is the key thing that employers use incentives for. Some of the other reasons as to why employers use incentives are as follows:

• Encourage team-work among the staffs
• Appreciating the employees for achieving certain set goals for the company
• Reward the top performers
• Employees retention
• Increase productivity

Incentives used by employers are categorized as below:

1. APPRECIATION INCENTIVES:

Appreciation is a key aspect in any organization to ensure the staffs remain happy, motivated and content. Any achievement by an employee is supposed to be recognized and appreciated at the same time. Appreciation incentives include, sport activities, paid lunches, company parties and celebrations. Thankyou: A Small Word …With A Lot of Impact!

2. REWARD INCENTIVES:

Reward is anything given to employees for achieving a set goal, in recognition of their services or efforts. This includes items such as gift certificates, service award presents and even monetary rewards. For a business to design a reward incentive, the key things to be considered are as follows:

• Determination of the appropriate reward
• Determination of the key measurements of behavior and performance
• Identification of the company goals that the reward program will support

3. RECOGNITION INCENTIVES:

Recognition is just the acknowledgment of the business employees for their exemplary performance. Employee recognition done in a more personal way boosts their morale, makes employees happy and improves employee retention.

4. COMPENSATION INCENTIVES:

Every goal of an employer is to hire the most qualified staffs and keep them loyal and productive. Companies provide an extra package in form of money or benefits such as health insurance and paid vacation to attract and keep their best employees. Compensation incentives can also be in form of profit sharing and also bonuses.

Based on the four categories above, incentives can be tricky for many employers. Choosing the best incentives that has all the qualities above is what will make the employees happy and motivated. Among all the incentives that an employer may choose, the stand-out one is Giftpesa incentive. Giftpesa evoucher award has the below successful attributes that every employee need:

• Giftpesa evoucher incentive encourages team work and cooperation as the program allows equality and transparency in distribution of the evoucher amount. Each and every staff gets a message and process to use for redemption purposes.
• Giftpesa evoucher redemption procedure is clearly spelled out in the text message hence making criteria to be very easy.
• Since the Organization takes full control of the Giftpesa wallet of its company, it becomes easier for equal distribution of the evoucher disbursement across the year as per the awarding plan of the Business.

Today, almost every organization strives to award its employees to motivate them. To be different and unique in the market, aspect of convenience, fast and flexibility have to be accompanied when selecting the best incentive. This is the reason as to why all Private and Public organizations have embraced Giftpesa evoucher incentive to be the main incentive for employees across the year.

Businesses always reward their employees after meeting a certain target. This motivates them to continue performing well and also ensures increase in productivity. Most companies have a challenge in choosing which mode of reward will suit their employees and make them satisfied and happy at the same time. Some will decide to use Gift cards, putting best staffs on the website, taking staffs out for lunch, parties or even award them with gift vouchers.

In Kenya, if you ask anyone whether they prefer cash-based rewards like prepaid credit cards and vouchers or trophy-based rewards like travel, lunch and merchandise ,generally the answer will be to take cash based reward.in order to satisfy the employees, most businesses have ventured into vouchers as the main reward mechanism.

Gift vouchers started out as paper-based tokens awarded to staffs to use them at retail shops or even for holidays. The annual growth of gift vouchers has been running at between 5% and 15% according to trade body UK Gift Card and Voucher Association (UKGCVA).

Today, besides the paper gift vouchers, there are also electronic vouchers which many businesses have shifted to as the best alternative because of its simplicity and conveniences. Giftpesa stands out as the best evoucher platform to replace the paper voucher in Kenyan market. The aspect of convenience and choice revolves around Giftpesa evoucher.

Procedure for acquiring a paper gift voucher is quite lengthy. One has to walk into a retail shop, queue to pay, wait for the vouchers to be printed, wait for them to get signed and to be split and at the same time send it to someone as a parcel. This creates a lot of inconveniences to employees as even redemption of the paper vouchers partially is also a challenge. Employers have now shifted to the most innovative evoucher solution, that is, Giftpesa.

Giftpesa evoucher has solved all the paper voucher challenges both at an individual level and from cooperate perspective.an individual can be able to load his or her giftpesa wallet using a phone, send it to anyone using the same phone and redeem partially or fully as per your budget. All the three Giftpesa processes, confirmation is simply through text messages.

Businesses can now reduce the costs incurred in distribution of vouchers as Giftpesa evoucher disbursement is done instantly through text messages. This brings transparency in the business world. With the paper voucher, it is very costly to include the retail company or the buyer’s name or logo on the voucher. Giftpesa innovatively allows the employees to get a text message that has instructions of the source and where to redeem it for free.

All the major retail shops in Kenya are now using Giftpesa as a replacement for paper voucher because of its convenience in customer journey. This has also resulted to Businesses embracing Giftpesa as a reward method as that’s what pleases the employees all over and its cheap at the same time.