Cash beats travel in staff reward survey

More than half of the respondents to an annual motivation survey, commissioned by Capital Incentives & Motivation, said they do not receive a reward or incentive in their current jobs. In addition, when given the choice to choose their ideal incentive or reward, 69% of respondents wanted the flexible choice of cash or vouchers rather than a specific prize. “Travel was the second most popular choice, with 13% of the votes,” said managing director Graham Povey. “However, travel is not always the best motivator for some people, particularly if they have family commitments. Companies have got to look at ways of motivating all staff. “Not everyone is in the top ten per cent of performers who will win incentive travel prizes but you’ve got to think about other ways events – and alternative rewards – can motivate the other 90% of employees.”

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