Home › Advice centre › Business › Your employees › Staff incentives

Staff incentives

As well as improving productivity, rewarding your employees with extra incentives can have a transforming effect on staff morale and the overall performance of your business.

Measuring employee effectiveness

If you want to improve your profitability you need to measure employee performance regularly, using effective standards of measurement.

Staff suggestions: a rewarding idea?

It is often said that your staff are your most valuable assets, and indeed your long-serving employees may know as much about your business as you do. So why not take advantage of that knowledge, and some tax breaks, to improve your profits?

Employee share schemes

These plans provide three core elements which can be combined by companies in a number of ways depending on what best suits their business (limits are per employee).

Incentivising your employees

An independent review has said that involving employees fully in the future of their firms will help businesses to innovate, develop and grow.