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Employee Recognition Made Easy

When providing a reward to employees there is one common thing that they all want... and that's something different! Too often corporations tend to over complicate their employee recognition programs with manual processes and rewards that aren't meaningful to the majority of their employees.

Our goal when working with a company on an employee recognition program is to automate the process to make it easy for the managers & administrators and meaningful to the employees.

Benefits & Options we provide:

  • Utilize our existing recognition program system free of charge or have us integrate with your internal systems
  • Add your brand to a Visa Prepaid Card and give you employees the freedom to get what they want
  • Drive employees back to your internal rewards site for activation & balance checks on their prepaid card
  • Option to make the card re-loadable and/or ATM accessible
  • Limit the cards usage to specific merchant category codes (MCC's)
  • Customize messaging in the cardholder customer support scripting

Samples of employee recognition programs:

  • Ongoing points program
  • Service Awards
  • Safety programs
  • Health & Wellness initiatives
  • Customer Service incentives
  • Holiday Gifts
  • On-the-spot recognition
  • Team achievement rewards

The Evolution of Employee Rewards

Employee recognition programs have increased dramatically over the past 20 years as corporations are realizing the increased performance and retention associated with these programs. Over that span, the rewards given out associated with those programs have evolved as well. Here is a quick overview of some common rewards and why many companies are now predominantly using a Network Branded Prepaid Card.

Cash or Checks

  • The rewards are quickly forgotten
  • Not typically used for reward types of purchase
  • Additional work for accounting
  • More complex tax liabilities
  • Employees eventually feel a sense of entitlement

Merchandise Catalogs

  • Limited branding opportunities
  • Items are typically overpriced
  • Additional administrative work
  • Longer delivery times
  • Limited selection, chance of alienating employees

Merchant Gift Cards/Certificates

  • No branding... only promotes the merchants brand
  • One merchant will not be attractive to all employees
  • Not FDIC insured. Potential of lost value for bankruptcy
  • Typically limits employees to non-essential purchases

Visa Prepaid Reward Cards

  • Constant reminder of your brand
  • Limitless choice... used anywhere Visa is accepted
  • Immediate delivery or instant fulfillment for reloadable cards
  • Reduced accounting and operations cost

 
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