This Working Life

Reaping the rewards of employee incentive schemes

Setting up an employee rewards package can be a challenge, but if it’s implemented effectively, the outcome will benefit employees and employers alike

Total rewards have a significant impact on the physical and psychological health of the workforce, but human-centred rewards don’t deliver business success on their own. Illustration: Getty

Adam Coleman is chief executive of HR Locker, the employee management software firm

So you want to build an employee recognition strategy that’s purposeful, attainable and fair, but you have no idea how to marry employee and employer expectations, monitor the effectiveness of your rewards programme, or communicate what you have to offer to employees.

These are just some of the many challenges you’ll face during the process, but fear not as there are solutions.