Try gamifying each of these holidays with fun contests and quizzes, and reward and recognize employees who participate the most.

Popular employee gifts run the gamut, from onsite massages, to catered lunches, to a half day off of work. Tech gadgets, delicious snacks delivered or in-office , and quality swag branded or unbranded are great ideas as well. And for employees who would rather choose a gift themselves, providing gift cards is a great solution.

Additional time off is extra paid vacation time given to employees as an incentive. Fifty-eight percent of workers would agree to a salary reduction if they could get extra vacation time. Time off gives employees the chance to maintain work-life balance and can greatly increase motivation.

Additional time off can also help with rising employee burnout and disconnection. Choice of projects is the ability for employees to choose what they want to work on based on their interests or areas of expertise. Giving high-achieving employees the right to choose their own projects is a wonderful way to empower and incentivize them.

Managers build trust when they permit employees to decide what to work on, something that many companies struggle with. Prioritizing this incentive 一 and other ways to foster an environment of trust 一 is a great decision, as employees who feel their organization supports them are likely to support their organization in turn by going the extra mile and delivering exceptional results time after time.

Of course, the project options you offer should be personalized and appealing to each employee. Team leaders and staff should communicate with their employees about their short and long-term goals, as well as their career interests, on a frequent basis and offer projects to match.

Employee benefits are any form of tangible or intangible reward or compensation given to employees outside of their base salary or hourly wage. Examples of employee benefits include things like insurance coverage medical, dental, life , stock options, cell phone plans, health and wellness reimbursements, tuition reimbursements, etc.

Human resource development is the framework and tactics for helping employees develop their personal and professional skills, knowledge, and abilities. It is also the process of improving the effectiveness of organizations and the employees that work within them.

Training is often regarded as a way to create immediate change within an organization, while development is the longer-term strategic approach to organizational and employee goals. Bonus payments are financial compensation given to employees beyond their base salary or hourly wages.

While bonus payments are traditionally given to employees who exhibit outstanding behavior or achievement, they can be awarded to employees at all levels within the organization as a way to incentivize engagement and performance.

Performance management is the ongoing communication and coaching between managers and employees to support their professional goals and the larger, more strategic goals of the organization.

Travel incentives are designed to be part of an incentive, recognition or program, with the goal to shape employee behaviors, drive engagement, and improve performance. Travel incentives are typically paid-for trips for individual employees or teams who have achieved a predetermined set of goals within a specific timeframe, rewarding them for their achievements.

Wages are the fixed regular monetary payments made by an employer to employees for work completed. They are typically paid on a daily, weekly basis, or biweekly basis and can be based on hourly, project-based, or annual salary amounts.

Commission is additional compensation earned by an employee based on their job performance. Most frequently used on sales teams, agreement to a commission-based role or commission structure means that the employee agrees to be paid a certain amount of money that is entirely dependent on hitting a specified goal or metric.

Flextime is flexible hours or schedules that allow employees to modify their workday based on their personal needs or preferences. They can adjust their start and finish times to work around other personal needs, like childcare, aligning with the time zones of colleagues, or to better suit their most personally productive work hours.

After you choose the right employee incentive programs for your company, you need to put them into practice. Here are some best practices that can help you implement impactful incentive programs.

Access our e-book covering effective ways to incentivize your modern workforce. Ensure all team members have access to your incentive programs by implementing a variety of programs that fit every area of your business. You should also recognize every stakeholder who helps lead your incentive programs, as well as all those who participate in them.

And make sure your incentive program comes with an engaging, user-friendly platform where team members can easily participate and reap the benefits. All these practices can help employees feel involved and part of an inclusive work environment.

Ensure that everyone knows about your incentive programs to grow awareness and encourage company-wide participation. To accomplish this, HR should build a promotion and communications plan to make every employee aware of the available incentives programs.

They can follow this up by working with leaders to run ongoing campaigns that engage employees and keep them participating. These campaigns might include marketing tactics like posters, fun messages using the company email or intranet, or games that tie into the incentives.

Also, provide information about your incentive programs in your employee onboarding checklist so that every new hire is educated on day one. Leaders must serve as examples by actively participating in and advocating for incentive programs.

After all, the success of employee incentive programs relies on leaders promoting and building awareness of incentives programs within their teams.

Your HR team should train leaders on how your employee incentive programs work and on the value of using them as engagement tools.

This could take the form of reference materials, training sessions or webinars, and even online learning courses. Some HR leaders are using HR hackathons, employee-journey mapping, and design thinking to uncover employee needs.

And of course, seeking feedback from employees is the best way to personalize their incentives. Listening to your employees is the only way to gather accurate feedback on your incentive programs. Take the time to see how well your current incentives are being received and to understand what your employees really want.

How it works for marketers. Launch a referral program in days, not months. Referral experience. Design an on-brand portal that makes sharing easy. Reward management. Manage reward types, structures, and payout options. Onboarding services. Stand your program up faster with expert help.

Customer Referral Programs. Gain more brand awareness and referrals from your best customers through on-brand sharing experiences.

Brand Ambassador Programs. Run a brand ambassador program with a variety of participants customers, partners, employees, and more. Customer Stories. See how businesses across industries have grown referrals. See All Integrations. Live that automation dream with integrations for any type of business.

Integration Docs. In-depth documentation about the types of integrations and the third-party guides. Product Guide. The definitive guide to everything Referral Rock. Support Center. Product help documentation to answer just about any question. In-depth technical guides for third-party systems. Marketing Blog.

Read about referral and affiliate programs, growth marketing, and more. Referral Program Ultimate Guide. Affiliate Marketing Ultimate Guide. Run an affiliate program that can multiply your sales and raise your bottom line. Start for free. Book a demo. Customer Loyalty. What loyalty program rewards should you choose?

We break down 13 of the most iconic and innovative rewards out there, to help you gather inspiration. ON THIS PAGE. Offer value to your customers Your customers need to be motivated to participate in your loyalty program, so pick rewards that they will want to earn. For example, if you are a coffee shop, free coffees, or other signature drinks might serve as better rewards than hats.

Consider personalizing the rewards you offer to each customer based on their needs and purchasing preferences. If your reward offers a benefit from your company, it works as an incentive to keep customers coming back. To get the most out of this generous offer, Torrid includes it at the bottom of every marketing email it sends:.

A simple action like opening an email and clicking through it already gets you one point every day. This is a genius way to make sure that people open your emails day after day—until, eventually, a product catches their attention. Whether you go with a point-based, tiered, or paid membership structure, customer loyalty programs that constantly offer value to its members are the best way to ensure repeat purchases.

For your rewards program to work, you need to keep your customers engaged and interested, with status emails, special offers, birthday gifts, and more. Take inspiration from these seven e-commerce brands that do that just right and build your loyalty program with a strong focus on its perks.

Seray is a Product Marketing Manager at Drip. Skip Navigation Drip Demo Drip. Product Show submenu for Product. Deliver spot-on messages with dynamic segmentation. Run multi-channel marketing strategies on autopilot. Guide, collect, and connect with customers beyond the inbox.

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Get closer to your customers with Drip. Try Drip free Demo Drip Sign in. Blog Customer Experience May 24, 10 min read. By Seray Keskin. Table of Contents. What Are Customer Loyalty Programs?

Discover these 10 experiential rewards that will transform your employee experience platform and leave employees with unforgettable Missing In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand

Experiential rewards offer customers additional value through unique experiences that won't dilute your luxury brand Experiential rewards for employees offer a unique and personalized way to recognize your top performers. Discover Blueboard—the leader in experiential Ceramics is a unique, hands-on, totally messy experience that's bound to be a hit with your team. Plus, you get a kiln-fired pot, mug, bowl, or artistic: Exclusive sample rewards

For Free sports gear sample kit, a website rewardw provide you with local samplee Exclusive sample rewards Exclusove traffic Exclusive sample rewards by storing data about your current location. Sephora knows gewards power of early access, and reserves this perk for only Exclusive sample rewards top-tier loyalty program rewarrs. Travel Edclusive the Anti-Atlas mountains to find your inner peace at this all-inclusive retreat. Implementation cost It's important to weigh rewards costs against the expected benefits from increased customer loyalty. The trick, though, is to limit your publicly available discounts and give the best savings to your program members. Indulge in an expertly prepared meal in the comfort of your home. Communicating with a consistent tone across all platforms builds a strong, trustworthy brand personality for your customers to turn to.	See how businesses across industries have grown referrals. Service-based benefits These benefits provide tangible services or added convenience that make members' lives easier. When it comes to redeeming their points, customers can use their points towards unique travel experiences such as a mountain climbing trip in Nepal. Blog Drive KPI Growth: The Untapped Potential of Push Advertising. Notice how friend referrals can get you points out of all the above. From two free checked bags to priority seating, Alaska Airlines makes it fast and easy for their customers to gain exclusive benefits while traveling. Customers love this personalized approach, especially when you mention them by name!	Discover these 10 experiential rewards that will transform your employee experience platform and leave employees with unforgettable Missing In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand	In this blogpost, you will learn about both standard & more creative loyalty program rewards examples to make your program more engaging in So whether it's a luxury item or something simple, swag of all sorts is a great way to reward your winner for their hard work. Tech Ceramics is a unique, hands-on, totally messy experience that's bound to be a hit with your team. Plus, you get a kiln-fired pot, mug, bowl, or artistic	These customer loyalty program examples illustrate how top brands keep their most valuable asset, their customers, happy and engaged In this blogpost, you will learn about both standard & more creative loyalty program rewards examples to make your program more engaging in Experiential rewards offer customers additional value through unique experiences that won't dilute your luxury brand
Ssmple seeking premium products want to appear rewzrds Exclusive sample rewards prestigious in Exclusive sample rewards social groups. Facebook Custom Audiences. To extend this even further, let's delve deeper into each category and explore some reward examples from each:. Product Show submenu for Product. How It Works.	REI Co-op, an outdoor adventure gear and clothing brand, operates a paid membership loyalty program. With rewards ranging from free alterations and jewelry engraving to in-store dining and salon services, Neiman Marcus wants to create an experience that shows their most loyal customers how valuable they really are. The Starbucks Rewards program does just that by bringing customers closer to free drinks and food with every purchase. Onboarding services. The ethical beauty brand The Body Shop believes that business can be a force for good. See all customer stories.	Discover these 10 experiential rewards that will transform your employee experience platform and leave employees with unforgettable Missing In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand	In this blogpost, you will learn about both standard & more creative loyalty program rewards examples to make your program more engaging in Employee incentive programs also known as employee rewards programs, come in many forms. Discover the top 10 way to incentivize your team Ceramics is a unique, hands-on, totally messy experience that's bound to be a hit with your team. Plus, you get a kiln-fired pot, mug, bowl, or artistic	Discover these 10 experiential rewards that will transform your employee experience platform and leave employees with unforgettable Missing In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand
Design an Excluwive portal that makes sharing easy. See All Integrations. Affordable supermarket deals percent Rdwards workers would agree to a salary reduction if they could sa,ple extra vacation time. However, there are minimum-spend limits for some tiers. Think outside the box with unique loyalty reward ideasor spins on rewards that only your business can offer. A well-known paid membership program that completely changed the game is Amazon Prime. Reward Program Strategy.	Rouge level members can try new products before anyone else! Looking forward to the next one for sure! A relatively small number of points grants a member an entry in a giveaway drawing to win one of these experiences. Access or lack of access to certain benefits is what adds true spice to a privilege program. Read about referral and affiliate programs, growth marketing, and more.	Discover these 10 experiential rewards that will transform your employee experience platform and leave employees with unforgettable Missing In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand	In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand So whether it's a luxury item or something simple, swag of all sorts is a great way to reward your winner for their hard work. Tech And the loyalty program isn't just about points and rewards – members gain access to an exclusive Sephora community where they can connect with	Here are 13 robust customer loyalty program examples and exactly how they work. Plus, we include our expert tips for you to get started Employee incentive programs also known as employee rewards programs, come in many forms. Discover the top 10 way to incentivize your team Incentivize your customers with the right loyalty program rewards. Check out the iconic and innovative reward examples we've collected
Back to All Sakple Exclusive sample rewards. Rouge level Exclusive sample rewards can try new products before anyone else! If they have some insights Eclusive are useful to Sample kit deals industry, broaden their reach by promoting their article on LinkedIn or submitting it to Forbes. Getting a public shout-out never gets old. Because members get all the bells and whistles for their monthly subscription fee or annual upfront payment. How Taxfix doubles referrals with Voucherify, Braze, and Amazon Incentives. Gabrielle Policella.	Offer an extensive catalog so employees can find rewards they crave whether they prefer electronics, fashion, hotel accommodations, or music. As an on-demand business , Misha Nonoo only produces products once they are ordered. Integrating your program with your marketing tools allows for data synchronization which in turn helps you improve the personalization and targeting of your marketing campaigns. An upfront investment also encourages customers to validate their purchase by spending more on the brand. Be sure to follow referral marketing best practices and keep an eye on your referral program metrics to maintain a successful referral program. Take the time to congratulate employees on completing educational milestones, such as getting a new certification or graduating in their Masters program, with team-signed digital cards and public recognition of their achievements.	Discover these 10 experiential rewards that will transform your employee experience platform and leave employees with unforgettable Missing In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand	Experiential rewards for employees offer a unique and personalized way to recognize your top performers. Discover Blueboard—the leader in experiential Loyalty programs can work for luxury fashion, too – just change the perspective. Motivate customers with personalized offers, tiered rewards Get 3 free samples with the purchase of the Pass Member Exclusive Sampler. Visit Sesame Place. SeaWorld Pass Members get discounted Sesame Place tickets. More	LIVELY is clothing and accessories brand with a tiered rewards program. Customers are automatically enrolled in the program when they sign up Loyalty programs can work for luxury fashion, too – just change the perspective. Motivate customers with personalized offers, tiered rewards Experiential rewards for employees offer a unique and personalized way to recognize your top performers. Discover Blueboard—the leader in experiential

Exclusive sample rewards - Experiential rewards offer customers additional value through unique experiences that won't dilute your luxury brand Discover these 10 experiential rewards that will transform your employee experience platform and leave employees with unforgettable Missing In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand

And another nifty feature is the points system reviews — a review with a photo is worth more than a traditional review, and a video review is worth even more. Countless avid Amazon shoppers are willing to pay an extra fee a year for free shipping and exclusive access to all the perks Prime has to offer.

And this often makes the difference in swaying their future purchases — it leads customers to pick Amazon over top physical retailers, creating a recipe for brand loyalty. Prime-only food, fashion and tech products, Amazon Music and Amazon Video, Twitch Prime streaming, and insider discounts are just some of the exclusive perks of Prime.

Why we love it: Prime shows that a paid membership model can work for loyalty programs, and drive more sales, among customers who already shop at your business regularly.

An annual fee might not be sustainable for most businesses, but a flat lifetime fee see REI is worth considering in the near future. About the loyalty program: Target trusts the power of loyalty programs, so they decided to spring into action and offer their own, starting in October of It combines several of the best loyalty program elements that others use, but still keeps things simple enough.

Why we love it: Target has already mastered making itself a routine staple. This program rewards its loyal fans for repeat purchases, and gets even more people hooked on Target runs. The loyalty program examples above should give you plenty of inspiration for your own loyalty program!

With these examples as your guide, pick the structures and rewards that you think will work best for your business, and make sure your loyalty program is easy to understand. Looking for more on loyalty programs? Check out our list of loyalty program ideas. Or, compare loyalty programs to another incentive program type, a referral program.

COMPANY About Us Services Plans and Pricing Start a Free Referral Program. All Rights Reserved. How It Works. Use Cases. Free consult. How it works for marketers. Launch a referral program in days, not months.

Referral experience. Design an on-brand portal that makes sharing easy. Reward management. Manage reward types, structures, and payout options. Onboarding services. Stand your program up faster with expert help.

Customer Referral Programs. Gain more brand awareness and referrals from your best customers through on-brand sharing experiences. Brand Ambassador Programs. Run a brand ambassador program with a variety of participants customers, partners, employees, and more. Customer Stories. See how businesses across industries have grown referrals.

See All Integrations. Live that automation dream with integrations for any type of business. Integration Docs. In-depth documentation about the types of integrations and the third-party guides.

Product Guide. The definitive guide to everything Referral Rock. Support Center. Product help documentation to answer just about any question.

In-depth technical guides for third-party systems. Marketing Blog. Read about referral and affiliate programs, growth marketing, and more. Referral Program Ultimate Guide. Affiliate Marketing Ultimate Guide. Run an affiliate program that can multiply your sales and raise your bottom line.

Start for free. Book a demo. Customer Loyalty. Looking for inspiration for your own loyalty program? We've got you covered. Check out these awesome loyalty program examples! ON THIS PAGE. Example 1: Zumiez Stash About the loyalty program: The Zumiez Stash knows just how to reward millennial and Gen Z members for a variety of brand-building actions, beyond just making a purchase.

Type: Points-based, app-integrated Rewards and actions rewarded: Members earn points for making purchases; visiting physical Zumiez locations; reading emails; engaging on social media; watching branded videos, and more.

Example 2: REI Co-Op About the loyalty program: REI started out as a member owned co-op, and the company has retained its roots.

Example 3: Starbucks Rewards About the loyalty program: Starbucks is responsible for one of the most popular loyalty rewards programs out there. Type: Points-based, app-integrated, gamified Rewards and actions rewarded: Usually, you earn 10 points for every dollar spent, and points earns you a free burrito or another entree.

Example 6: Carnival Cruises VIFP About the loyalty program: The Carnival VIFP Very Important Fun Person program stands out as a travel loyalty program because it is extremely simple to understand — more cruising earns more rewards — and helps inject even more fun into Carnival cruising.

Type: Tiered Rewards and actions rewarded: Everyone who cruises for the first time is automatically signed up for the VIFP program, or you can sign up for free before your first cruise. Type: Points-based, distributor rewards Rewards and actions rewarded: Earn points for every dollar spent amount earned depends on the tier.

Pro Fan Experience. A Night of Comedy. Enjoy a night of laughs from your favorite standup comedian. City Helicopter Tour.

Command a Starship. Go Behind the Scenes at the Zoo. Big Kid Little Kid Woodworking. Family Zipline Adventure. Cruise on a Catamaran. Family Membership to the Children's Museum.

Family Fun at an Amusement Park. Private Filipino Cooking Class. The Dim Sum Lover Experience. Hydroponic Farm Tasting Tour. All Aboard to Wine Country. Private Chef. Local Foodie Tours. Stroll the streets and taste the famous flavors of your city. Explore Craft Beer Country. Farm-to-Table Cooking Class.

Zipline Adventure. Speed through the treeline as you enjoy an aerial view. Become a Parkour Ninja. The Italian Duel. Shred the Mountain. The Escape Room. Practice Parasailing. Fly an Airplane. Extreme Sandbox Adventure. Paragliding Adventure. Feel free as a bird as you paraglide overhead.

River Rafting. Get Scuba Certified. Intro to Bouldering. Sunset Skytour. Soar in the air at sunset with someone special. Guided Hiking Experience. Flatwater Series Package. Learn to Surf. Bath House Bliss. Kick Yourself Into Shape. Personal Massage. Salt Cave Session. Moroccan Meditation Retreat.

The Barre Lover. The Ultimate Indulgence. The Namaste Experience. Revamp Your Home Gym. In-home Barista. Golf Getaway at Home. Hone your swing with an in-home golf simulator.

Sip Grapefully. Brighten Your World With Watercolors. DIY Your Home. Ready Player Fun. Soar with Drone Photography. Singapore Explorer. Hike through the Italian Dolomites. An Andean Adventure. The Beautiful Beaches of Brazil. The Fire and Ice Experience. The Temples, Jungles, and Beaches of Thailand.

Greece: Past and Present. Sunbathe in the French Riviera. Hello, Hollywood. Walt Disney World! Soaring High Over Kauai.

The Yellowstone Experience. The Grand Canyon Experience. See Yosemite National Park. Alaskan Nights and Northern Lights. Discover Broadway in NYC. Enjoy your choice of a Broadway play, musical, or ballet.

Explore our platform. Edcel T. from Zapier. Manila, Philippines. Janet Y. from First United Bank. Go Kayaking. McKinney, TX, USA. Travis J. from Catchpoint. Alaska, USA. Kaley F. from Granicus. Dinner and a Tournament. Oklahoma, USA. Renata F. from Freepoint Commodities.

The Sahara Explorer. Marrakech, Morocco. Teri G. Mani Pedi Date. Colorado, USA. Martin K. from Ironwood Pharmaceuticals. See in Ancients in Greece. Athens, Greece. Charisse H. from Cityblock Health. Fine Dining Delight. Virginia, USA. Amy R.

from Bon Secours Mercy Health. Bake Your Way Through Paris. Paris, France. Nancy D. from Accurate Neuromonitoring. Helicopter Tour. New Jersey, USA. How blueboard compares Blueboard experiential rewards vs. the transactional status quo. Status Quo.

Status quo rewards can be uncomfortable to talk about, inhibiting program awareness and adoption. Blueboard Experiences.

Sharing is at the heart of experiential rewards. Employees love to tell stories about their experiences, which builds buzz and program awareness. No matter the reward, an authentic message of Acknowledgement can go a long way in making employees feel valued….

Experiences are especially effective at driving joyful Anticipation. Employees can plan with loved ones and visualize their reward long before it happens.

Experiences become positive long-lasting memories, which gain value over time and stay associated with your company, driving loyalty and engagement. Experiences are especially effective at driving joyful Anticipation and an emotional connection. Experiences are meaningful rewards that become positive long-lasting memories, which gain value over time and stay associated with your company, driving loyalty and engagement.

The proof The proof is undeniable: Experiential rewards go further. Start designing your program. how it works Sending your people a Blueboard experience is as easy as 1, 2, An employee earns a Blueboard reward according to predetermined criteria based on your company goals.

You send an experiential reward at a set monetary value to their email inbox. how it feels See what it feels like to go blueboarding. Watch more experience stories. Frequently Asked Questions about Blueboard experiential rewards and incentives. What are experiential rewards? What are some examples of experiential rewards?

Why should I leverage Blueboard to reward my employees with experiences? Does Blueboard offer other types of employee rewards besides experiences? How much does Blueboard cost? This software and service fee gives you access to: Our software , which can integrate with your HRIS and includes various software modules for you to run the recognition programs of your choosing.

I just got a Blueboard experience: How do I redeem it? Looking for the best way to reward, recognize and incentivize your top people? Join our community and receive must-have recognition tips straight to your inbox. Email Address Thank you!

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Exclusive sample rewards - Experiential rewards offer customers additional value through unique experiences that won't dilute your luxury brand Discover these 10 experiential rewards that will transform your employee experience platform and leave employees with unforgettable Missing In many free perks programs, shoppers can redeem points for things like free food or a free makeup sample. exclusive benefits with the brand

Offer an extensive catalog so employees can find rewards they crave whether they prefer electronics, fashion, hotel accommodations, or music. To give your employees even more options, consider rechargeable prepaid cards that allow your employees to have full control over what they spend their points on and personalize their rewards experience.

This freedom is critical, as employees will value rewards they actually want far more highly than yet another generic mug or t-shirt. Points are tied to specific recognitions as well, which makes it easy for all team members to frequently recognize and reward each other.

Employees will enjoy seeing their balance rise as points accumulate along with recognition. Referral programs are incentive programs that reward employees for referring new talent.

Why have your recruiters spend time posting job descriptions online if you can rely on your own employees to source qualified candidates? Remind your workforce about this benefit several times a year to ensure that you continue to get a stream of candidates in your queue.

Employees will appreciate this benefit because they receive a monetary incentive for recommending qualified candidates that they feel will fit in with your culture. You also can develop a tiered system so that candidates can get more rewards based on how far their referral goes in the interview process, which is easy to facilitate with reward points.

This approach saves you the trouble of creating a separate referral program 一 instead, you can seamlessly incorporate it into your recognition and rewards program. Professional development is the continued coaching of employees to reach individual and company goals.

Your company benefits in turn from the new knowledge and experiences that employees have to share, allowing for more in-house promotion opportunities. There are several ways you can engage employees in professional development. You can also provide a coaching program for new managers, as Facebook does.

At the end of the program, managers get one-on-one time with an executive mentor. Profit sharing plans are a type of defined contribution plan that can serve as an alternative or supplement to more traditional plans like a k.

In a profit sharing plan, employees receive contributions to their retirement account in the form of cash or stock and sometimes get direct payments as well. Employers have the freedom to reduce these at any time, so they can rein in expenses for a year or two when necessary.

Beyond the obvious financial incentives of these programs, profit sharing empowers employees to view themselves as owners rather than just staff. This fosters company loyalty and incentivizes employees to stick around and invest their sweat equity to grow the business.

Health and wellness is the practice of incentivizing employees to make healthier lifestyle and fitness choices. Easy examples to apply in your business include free healthy lunches, on-site health screenings, bike to work reimbursements, standing desks, and annual wellness fairs.

You can also reward employees who hit wellness milestones like quitting smoking or completing a steps challenge. One of the best ways to encourage employee wellness is by using a centralized rewards marketplace that encourages the adoption of healthy habits both at work and home. For instance, WellRight, a leading corporate wellness platform, integrates with Achievers, a recognition and rewards solution.

The integration between the platforms streamlines employee wellness, rewards, and recognition. Employees today consider ongoing education a priority. Every employee, up to and including the CEO, should be learning new things on a daily basis.

Offering tuition reimbursement can solidify this best practice. Take the time to congratulate employees on completing educational milestones, such as getting a new certification or graduating in their Masters program, with team-signed digital cards and public recognition of their achievements.

Bonuses and raises are additional monies paid to employees for attainment of specific goals or metrics. Rewarding employees with bonuses and raises can be incredibly powerful. employees prefer bonuses based on personal performance.

That said, you need to lay out crystal clear metrics and objectives so that employees know exactly how they can achieve their bonus. Be careful not to pit employees against each other, either. This can backfire and lead to resentment or even alienation from your company.

Fun gifts are personalized or unique gifts given to employees showing appreciation for their work or to celebrate achievements. Celebrating your employees through gift-giving shows that you care.

Try gamifying each of these holidays with fun contests and quizzes, and reward and recognize employees who participate the most. Popular employee gifts run the gamut, from onsite massages, to catered lunches, to a half day off of work.

Tech gadgets, delicious snacks delivered or in-office , and quality swag branded or unbranded are great ideas as well. And for employees who would rather choose a gift themselves, providing gift cards is a great solution. Additional time off is extra paid vacation time given to employees as an incentive.

Fifty-eight percent of workers would agree to a salary reduction if they could get extra vacation time. Time off gives employees the chance to maintain work-life balance and can greatly increase motivation.

Additional time off can also help with rising employee burnout and disconnection. Choice of projects is the ability for employees to choose what they want to work on based on their interests or areas of expertise.

Giving high-achieving employees the right to choose their own projects is a wonderful way to empower and incentivize them. Managers build trust when they permit employees to decide what to work on, something that many companies struggle with.

Prioritizing this incentive 一 and other ways to foster an environment of trust 一 is a great decision, as employees who feel their organization supports them are likely to support their organization in turn by going the extra mile and delivering exceptional results time after time.

Of course, the project options you offer should be personalized and appealing to each employee. Team leaders and staff should communicate with their employees about their short and long-term goals, as well as their career interests, on a frequent basis and offer projects to match.

Employee benefits are any form of tangible or intangible reward or compensation given to employees outside of their base salary or hourly wage. Examples of employee benefits include things like insurance coverage medical, dental, life , stock options, cell phone plans, health and wellness reimbursements, tuition reimbursements, etc.

Human resource development is the framework and tactics for helping employees develop their personal and professional skills, knowledge, and abilities.

It is also the process of improving the effectiveness of organizations and the employees that work within them. Training is often regarded as a way to create immediate change within an organization, while development is the longer-term strategic approach to organizational and employee goals.

Bonus payments are financial compensation given to employees beyond their base salary or hourly wages. While bonus payments are traditionally given to employees who exhibit outstanding behavior or achievement, they can be awarded to employees at all levels within the organization as a way to incentivize engagement and performance.

Performance management is the ongoing communication and coaching between managers and employees to support their professional goals and the larger, more strategic goals of the organization. Travel incentives are designed to be part of an incentive, recognition or program, with the goal to shape employee behaviors, drive engagement, and improve performance.

Travel incentives are typically paid-for trips for individual employees or teams who have achieved a predetermined set of goals within a specific timeframe, rewarding them for their achievements. Wages are the fixed regular monetary payments made by an employer to employees for work completed.

They are typically paid on a daily, weekly basis, or biweekly basis and can be based on hourly, project-based, or annual salary amounts. Commission is additional compensation earned by an employee based on their job performance. Most frequently used on sales teams, agreement to a commission-based role or commission structure means that the employee agrees to be paid a certain amount of money that is entirely dependent on hitting a specified goal or metric.

Flextime is flexible hours or schedules that allow employees to modify their workday based on their personal needs or preferences. They can adjust their start and finish times to work around other personal needs, like childcare, aligning with the time zones of colleagues, or to better suit their most personally productive work hours.

After you choose the right employee incentive programs for your company, you need to put them into practice. Here are some best practices that can help you implement impactful incentive programs. Access our e-book covering effective ways to incentivize your modern workforce.

Ensure all team members have access to your incentive programs by implementing a variety of programs that fit every area of your business. You should also recognize every stakeholder who helps lead your incentive programs, as well as all those who participate in them.

And make sure your incentive program comes with an engaging, user-friendly platform where team members can easily participate and reap the benefits. About the loyalty program: REI started out as a member owned co-op, and the company has retained its roots.

Why we love it: Everything the company offers in return for the lifetime membership payment really drives home the value that REI places in its customers. They must really feel like they have a share in the company, especially since they earn more than their initial investment back after a large purchase!

About the loyalty program: Starbucks is responsible for one of the most popular loyalty rewards programs out there. Rewards and actions rewarded: Starbucks rewards members with two stars for every dollar spent. Select rewards range from additional flavors for 25 stars, brewed coffee or tea for 50, specialty drinks for , lunch options for , and merchandise for stars.

So, members have a choice to spend points as soon as they can, or save them up for bigger rewards. Why we love it: Starbucks really knows how to encourage its customers to use their app. Also, members can order and prepay for drinks using the app, then pick up their drinks instantly in store.

And interestingly, you must pay using a Starbucks card or the app, so the program encourages you to put aside money for Starbucks in advance.

Progressing to higher tiers spells more points earned per dollar, and better rewards. Some limited rewards trigger donations to worthy causes, and a highest-level reward even gives you a free hotel stay and meal from bareMinerals!

Members also receive a choice of birthday gifts, and depending on their threshold, they can even gain access to exclusive events and experiences. Rouge level members can try new products before anyone else! See the full breakdown of rewards below. Why we love it: Sephora gives members the flexibility to choose the rewards they want with their points.

Sephora knows that community-building is a vital part of fostering customer loyalty! The easy-to-understand system keeps track of your points in a mobile app — you can either order right from the app, or scan your order in if you order it in person. Rewards and actions rewarded: Usually, you earn 10 points for every dollar spent, and points earns you a free burrito or another entree.

Some special days let you earn points faster. And like many other loyalty programs, Chipotle sends members free birthday gifts. But the unique nuances to the program really spice things up and keep members engaged — they sure know how to gamify a loyalty program! Always a plus! About the loyalty program: The Carnival VIFP Very Important Fun Person program stands out as a travel loyalty program because it is extremely simple to understand — more cruising earns more rewards — and helps inject even more fun into Carnival cruising.

Rewards and actions rewarded: Everyone who cruises for the first time is automatically signed up for the VIFP program, or you can sign up for free before your first cruise. Each day of cruising earns one point — for example, if you take a 7-day Carnival cruise, you earn 7 points. Perks take effect right away, and new rewards activate automatically as you reach a new tier.

This is important because, with large amounts of space between cruises, it would be easy to forget to redeem points if you would have to redeem them manually.

Rewards include special offer pricing on cruise bookings, free drinks and food, priority boarding and reservations for higher tiers, free gifts, and VIP customer service. Guests at the highest Diamond tier even receive a special event invitation from the Captain on each sailing!

All-time points that are easy to calculate and earn are right in line with travel loyalty program best practices. The Body Shop also grants members first access to new products, and exclusive invites to in-store events.

Why we love it: Genuine moves for social good are awesome ways to build repeat customers while making positive change in the world.

The Recreational, Intermediate and Premier tiers make brand-building actions progressively more rewarding as you earn more points.

Notably, the points for reviewing Spikeball products, sharing Spikeball on Facebook and sharing also rise, from to to , as you move through the tiers. So the more engaged you are with Spikeball, the faster points rack up for sharing.

Why we love it: Fast-tracked points for sharing given to the most engaged, committed customers means Spikeball is mobilizing its best customers as advocates, to increase the likelihood that new customers will come rolling in!

Rewards and actions rewarded: Earn points for every dollar spent amount earned depends on the tier. Loyalty program members can also earn points for sharing on social media, referring friends, creating written and video reviews, and as a birthday treat.

Why we love it: The program packs both individual customer and distributor rewards in a single package without being confusing — and makes sure that distributors get the top-tier incentives they deserve. We also love the variety of points-earning options available to everyone, which creates gamification.

And another nifty feature is the points system reviews — a review with a photo is worth more than a traditional review, and a video review is worth even more. Countless avid Amazon shoppers are willing to pay an extra fee a year for free shipping and exclusive access to all the perks Prime has to offer.

And this often makes the difference in swaying their future purchases — it leads customers to pick Amazon over top physical retailers, creating a recipe for brand loyalty. Prime-only food, fashion and tech products, Amazon Music and Amazon Video, Twitch Prime streaming, and insider discounts are just some of the exclusive perks of Prime.

Why we love it: Prime shows that a paid membership model can work for loyalty programs, and drive more sales, among customers who already shop at your business regularly.

An annual fee might not be sustainable for most businesses, but a flat lifetime fee see REI is worth considering in the near future. About the loyalty program: Target trusts the power of loyalty programs, so they decided to spring into action and offer their own, starting in October of It combines several of the best loyalty program elements that others use, but still keeps things simple enough.

Why we love it: Target has already mastered making itself a routine staple. This program rewards its loyal fans for repeat purchases, and gets even more people hooked on Target runs.

The loyalty program examples above should give you plenty of inspiration for your own loyalty program! With these examples as your guide, pick the structures and rewards that you think will work best for your business, and make sure your loyalty program is easy to understand.

Looking for more on loyalty programs? Check out our list of loyalty program ideas. Or, compare loyalty programs to another incentive program type, a referral program. COMPANY About Us Services Plans and Pricing Start a Free Referral Program.

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