A Flexible Reward Solution for a New World of Work

Reduce admin, improve engagement and give your people the freedom to spend their rewards
on what matters most to them

PSYCHOLOGY OF REWARD

There are two means of motivation: Extrinsic and Intrinsic. Extrinsic is when we are motivated to perform a behaviour or engage in an activity because we want to earn a reward or avoid punishment.

Intrinsic motivation is when you engage in something because you find it rewarding. In other words, the activity or behaviour is its own reward.

The secret to engaging and motivating your staff is to motivate people intrinsically, so they feel that they are doing a great job, and that is where your reward strategy can really help.

TRIVIAL BENEFITS

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. You can use the discount deals to save money on everything from pizzas to plants and coffees to cinema tickets.

LONG SERVICE AWARDS

Celebrating employee milestones serves to both recognise and reward the individual and motivate their colleagues. If it’s common knowledge that your company values loyalty and long-service, people are more likely to stick around to reap the rewards.

What’s more, 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.

WHY REWARD YOUR PEOPLE?

PROVIDE CHOICE

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.

DRIVE ENGAGEMENT

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.

ATTRACT & RETAIN TALENT

A smart rewards strategy attracts the right candidates and shows new hires that they're important to the success of the business. Voluntary attrition rates and absenteeism will reduce.

REDUCE ADMIN TIME

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.

TAX FREE BENEFITS

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.

MAKE IT PERSONAL

Customise reward categories to align with your culture and values. Choose instantaneous, digital rewards or tangible awards with a more personal touch. Deliver in-the-moment for maximum impact.

ROI CALCULATOR

Discover the impact of embedding your culture and values into your recognition programme. Just click the link, pop in some details and see your potential return on investment

How can we help?

Don’t use this form if you are an employee and have a query about your account, gift cards, orders or anything else. Please contact us here.