Wall Of Fame
Creating a wall of fame is a fun way to celebrate the contributions of your employees. This can be achieved by posting pictures of employees hard at work or even a baby picture. However, you must remember that this incentive works best when the employees only post highlights of their contributions. Creating a wall of fame can also foster peer recognition among employees.
Reimbursing employees for gym memberships is a great employee incentive program, but there are a few things to keep in mind before implementing this benefit. First, companies must be sure that it is legal to offer such a benefit.
Another reason to offer a gym membership as an employee incentive is that employees who exercise regularly tend to be healthier and have fewer chronic health conditions. In addition, they take fewer sick days and are less likely to file insurance claims. This, in turn, reduces health insurance premiums and minimises lost productivity due to employee illness.
One of the easiest ways to reward your best employees is by reimbursing their transportation costs. You can offer to reimburse their expenses as long as they return the money within a certain time period. However, it is important to note that some expenses are taxable and will be subject to employment taxes.