Work incentives are driving employee motivation

As more companies are growing concerned with employee retention, statistics have revealed that a large number of workers are more likely to stay with a company, be better motivated and even move from another job based on the incentives on offer. Industry giants like Google have famously introduced free food, napping pods and even on-site medical care and haircuts for their employees to great success. 92% of Google employees claim they’d recommend the company to a friend, but the incentives don’t need to be that outlandish, according to a report by Reboot online.

The most popular work benefits requested were access to job related courses, flexi-time and holiday allowance, all of which were requested by over half of those surveyed. Access to gym membership, monthly social get-togethers and reimbursement for travel were also in the top 10 highly ranked incentives.

Of those surveyed, around 66% of companies currently offer additional benefits for their employees, with around 70% workers admitting that the inclusion of incentives has increased their motivation and made them less likely to leave. In efforts to increase worker morale and retention, companies have begun offering more unconventional treats, including time off for volunteering, unlimited alcohol on Fridays, and 15% have introduced staff holidays.

The move towards more creative incentives is having an effect on workers, with a quarter of those surveyed admitting they would take one job over another because of its incentives. Reboot online believes this move to support benefits in the workplace proves to employees that their work is being appreciated, and subsequently keeps motivation high.

“I like to keep my staff on their toes; maintaining the thirst to learn and achieve, while ensuring there is never a dull moment,” said Shai, managing director of reboot online, who takes their staff boxing training each Friday, giving employees the popular chance to ‘hit the boss’. “I noticed the difference it made with motivation levels and when meeting targets.”