Businesses cannot run without employees. They are the main asset of any company and it is mandatory for the firms to take good care of them. Every firm has a Human Resources department which basically takes care of all the employee activities, grievances, and everything related to the people of the firm. They are also responsible to come up with plans that will give employees the motivation to work more and be loyal. One of the most important things which keep an employee loyal to the firm is the level of recognition the firm gives. It is an extremely critical aspect that has to take care of. Every company must have a well-planned employee recognition platform. Rewardz is one of the most prominent firms which redefine employee engagement programs in Malaysia and other countries.
The companies which have higher employee recognition platform experience a 21% increase in profitability, a 20% increase in productivity, a 40% reduction in staff turnover. For any firm, retaining employees is the major challenge. Once they come up with plans that will help the employees to a great extent, the employees might not look beyond.
The firm has successfully empowered over 100000 corporate employees since 2012 through its mobile and online solutions. It manages both employee engagement and corporate wellness in the country. Their services will provide the following benefits to the business;
- Strong and sustainable engagement.
- Reduction in absenteeism.
- Employee aligning with corporate values.
- Increased productivity.
- Efficient administration.
- Culture of appreciation, recognition, and bonding.
- Increase in staff loyalty.
With the enhanced reward programs, firms can witness acceleration in team bonding which will eventually lead to healthy competition.