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At their core, employee incentive programs are designed to recognize and reward employees’ contributions, thereby fostering a culture of appreciation, motivation, and loyalty.
According to Employee Benefits (UK) 69% of employees say a better benefits package would make them choose one company over another while 60% of employees in a report of Harvard Business Review support that benefits and perks are a major factor in considering whether to accept a job offer.
What are employee incentives?
Employee incentives are rewards or benefits offered to employees to encourage specific behaviors or achievements that contribute to the organizational goals.
These incentives can