Employee rewards and awards often mark significant occasions - a long tenure, appreciation for giving ‘above and beyond’, recognition of hard work or achievement.
With the My Staff Shop Platform your Managers can simply and appropriately reward your people whatever the reason, with no stress and no hassle. Even better, they can offer tailored rewards which will genuinely be appreciated by the recipient.
No more one-size-fits all approach. Let your people decide what to do with their rewards. Spend on everyday items? Save up for a rainy day? Splurge on something they want? They decide!
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Reminding your staff that their career milestones and achievements deserve to be celebrated, no matter how small, drives engagement and helps build a culture where people feel valued.
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Exactly! The great news is that for trivial benefits there is no extra to pay – just the value of the rewards for both employee and employer. Your people get every penny you give them.
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A smart rewards strategy attracts the right candidates and shows new hires that they're important to the success of the business, and well acknowledged for their efforts.
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Say goodbye to clunky, time-consuming reward systems. Simplify your reward process, reduce admin costs and free-up your time so you can focus on the bigger picture.
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Customise reward categories to align with your company culture and values. Choose instantaneous, digital rewards or tangible awards with a more personal touch.
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Recognizing employees' loyalty and tenure milestones (1 year, 5 years, 10 years, etc.). serves to both recognise and reward the individual and motivate their colleagues. As well as a thank you for their efforts, if staff have good things to say about working for the business long-term, this secures a strong employer brand and promotes a feeling of consistency within the workplace.
Rewards for meeting or exceeding specific goals, targets, or KPIs. Recognition of achievements or simply celebrating employees who exemplify company values in their work all contribute to a happy and motivated work environment.
Choose from a wide range of vouchers and gift cards, offer a ‘cash’ benefit paid directly into your staff members account in just a few clicks, or use the available discounts to pay less for a physical gift to present to them. Managers can follow company guidelines or be given a budget and flexibility to tailor their own rewards and incentives.
Trivial Benefits are by definition not ‘rewards for work or performance’, nor can a voucher count as a Trivial Benefit – HMRC uses ‘trivial’ to define something which does not add financial value to an employees pay packet – with a true value of less than £50. Trivial benefits examples might include a staff lunch, a round of coffees for the team, or a gift on an employees birthday.
Luckily My Staff Shop provides a variety of employee rewards ideas that fall within the HMRC Trivial Benefits definition, so you can rest assured that you are both compliant and a great place to work!
You can use the Discount Deals to save money on everything from pizzas to plants and coffees to cinema tickets.
Replacing an employee is expensive; retaining one costs much less. A well-designed Reward & Recognition programme can significantly reduce staff turnover.
If you are an employee and have a query about your account, gift cards, orders or anything else. Please contact us Here
