Incentive Programmes

There are many do’s and don’ts when it comes to developing and managing a successful incentive or behaviour enhancement strategy. A key facet is how integrated your incentive or reward and recognition strategy is within your business.

Rewardsco provides a total solution around incentive and reward and recognition programmes:

• Setting up your measurement criteria. We integrate our rewards solution with a sound Organisational Development methodology. A staff rewards strategy has to drive the behaviours that ultimately drive the business – this is the only way success and sustainability can be achieved.
  
  
• Accessible interface – web-based, mobi-based or both. A key output will always centre on how your programme is portrayed to your sales channels or staff. Rewardsco has an off-the-shelf, customisable web-based system that allows our clients to have a cost effective incentive solution to drive the right behaviours. Rewardsco’s custom designed web-based incentive solution RewardsJunction (www.rewardsjunction.co.za) was developed in-house over the past 13 years based on our clients’ unique requirements. It provides a cost-effective customisable platform to mobilise your specific incentive requirements.

• Guilt-free enjoyment of rewards. We generally live in a depressed economy, with disposable income a rarity for the majority of consumers. Households are under pressure to stay above the bread-line. By giving cash rewards, companies are stifling enjoyment that their staff should be getting out of their achievement. How so? Debt pressure brings household demands to spend cash rewards on basic needs – people do not get the chance to enjoy the rewards of their success. This dilutes the impact of that success. Tangible rewards provide guilt-free enjoyment, which underpin the feeling of success – it is the very science behind motivation, and critical to a successful programme.
  
  
• Value based rewards. The right rewards are critical to a successful programme, but are the rewards providing value in the eyes of the recipients? Rewardsco is completely transparent in the way that our rewards are structured – we buy in bulk to achieve deep discounts and then pass these discounts directly through the programmes that we administrate. You can only build a sustainable strategy on a programme with inherent value in its benefit and reward structure.
  
  
• Communication and activation. The key to success and without a doubt, the most poorly practised of incentive programme requirements. The initial activation of a programme, together with ongoing, relevant communication, underpins any successful strategy. Rewardsco provides a full suite of communication and activation tactics in order to achieve the necessary outputs within your budget.
  
  
• Integration of your staff or sales channel rewards strategy. To achieve success in the most cost-effective way, from the setup, data-flow and enrolment; to the launch, ongoing communication and fulfillment of rewards.

These elements are essential to the success of any incentive strategy. Please contact us to discuss your requirements – not only do we promise you absolute transparency and also sound advice!

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