Power2Motivate

With economic uncertainty still at the forefront of our minds, how do businesses continue to grow their sales? To the young dynamic team at Power2Motivate, success stories are found each and every day through their channel partner reward system.

Traditionally, effective non-monetary reward and recognition systems (such as points based systems) come with a substantial number of cost burdens outside of the reward items themselves.

Australia’s leading online employee rewards provider, Power2Motivate, has identified Australian workers as continuing high levels of generosity even during the economic crisis.

Training - the buzz word for retention strategies throughout the 1990s and early 2000s, but recent studies have shown that whilst a multi-million dollar industry has been built around vocational training, its effectiveness in the workplace is limited

Like poor Old Mother Hubbard executives and human resource managers are finding their cupboard, usually stocked full of bonuses, incentives and rewards for high performing employees is bare.

As Sunday’s 10,000 runners from the Sydney half marathon will know, completing a marathon takes incredible mental discipline, passion and an intrinsic desire to achieve what is a difficult but ultimately fulfilling goal.

Emma Connors from Business Review Weekly commented in her article ‘Perks in Progress’ on 30 April 2009, that “extravagant incentives are on the back burner, but the best companies are devising unique ways to engage and reward staff”.

In recent press it has been reported that companies are taking drastic measures to cut costs in a bid to prevent the unsavoury task of redundancies.

In the next few years, billions will be spent by Governments on funding traineeship programs designed to lower unemployment and plug the skills gap.

“The war for talent continues; but the battle can be won with careful planning around employee engagement strategies, particularly the notion of reward and recognition,” argues Simon Tufrey, Motivation Coach from Power2Motivate Asia Pacific.