Boosting Morale: The Key Benefits of Popular Types of Incentives for Employees

Written by
Rebecca Smith

Feb 27, 2020

Feb 27, 2020 • by Rebecca Smith

Have you ever worked a terrible job? We've all been there. Perhaps you just left college and wanted to earn some extra cash so you took the first job you could find. Maybe as a teenager, you wanted a summer job for the minimum wage to tide you over and you stuck it out.

During those experiences at a terrible workplace, you probably learned a lot about what makes a good job and what can create a toxic environment that affects your mental and physical health.

A good workplace offers different types of incentives to keep their employees happy and healthy. Here are some examples of incentives.

1. Everybody Feels Valued

Great incentives can make every employee feel valued and that their contribution to the company matters. If an employee feels that they are just a cog in a machine who can be replaced at any moment then it makes them feel like they don't matter. They are not inclined to do their best work. Here are some creative ideas for incentives.

Incentives show that every employee does matter and makes them feel as if they want to do their best work. Some more examples of incentives could include rewards for:

  • Hitting sales targets
  • 100% attendance
  • Kindest and most caring employee
  • Individual awards recognizing employees who overcome personal milestones

These incentives can make employees feel empowered and that their work has gone noticed. This is particularly important in a big company of hundreds or thousands of workers.

2. Free Healthcare Leads to Healthy Employees

A great incentive that can improve the lives of employees is free or reduced healthcare. In a country such as the U.S that doesn't have a free-at-the-point-of-use health care system and where medical bills can total thousands of dollars, health care is a massive worry.

Healthcare costs can bankrupt some people while others can find themselves in poorly run hospitals that could even make their situation worse. Great healthcare reduces that risk and allows employees to keep more of their money without having to pay out for insurance. 

3. Making the Commute Easier

 The best types of incentives are ones that make getting to work a little bit easier. Commuting is a hassle that makes employees feel worn out by the time they get to work.

Some employee invectives that might work include free carpool transportation door-to-door. This can have the added benefit of ensuring your workers are always on time. If your workers commute by train you could provide upgrades to first class for them.

There are So Many Types of Incentives

There are many types of incentives you can offer your employees to ensure they feel valued and recognized. From gift cards and financial incentives for meeting sales targets to better health care for all. Free transport to work in the morning is also another great reward which can leave employees feeling energized and fresh rather than worn out.

If you are interested in reading more about types of incentives for employees then be sure to check out the rest of our site.