Southeast Asian managers know the value of acknowledging and rewarding their team members. In fact, according to a WTW survey, employers in Southeast Asia have prioritised the employee experience to achieve post-pandemic success.
But while it is now a top priority, achieving employee satisfaction can be difficult and costly, especially when you need to think about other aspects such as controlling spending and reporting rewards – on top of team management tasks and your own job. Moreover, despite recognising the need to improve employee experience, you might be restricted by budget or time (most often, both) as your company have probably cut costs due to various global issues.
A ready-made digital vouchers platform may offer the solution you need. GrabGifts can help keep your employees happy at scale without breaking the bank: digital vouchers that’s both low-cost and easy to implement, so you can give back with minimal time or effort.
Understand the need for effective rewards
While job seekers still look for fairer wages, they also increasingly favour companies promising a better work-life balance. Consequently, more employers are finding a direct relationship between providing a positive employee experience, and the ability to retain talented individuals in the company roster.
To foster positive employee experiences, managers can start by introducing and maintaining an effective rewards programme. This is a proven way to increase engagement, fulfillment, productivity, and even tenure among employees.
According to Chris Woo, Tax and People and Organisation – Rewards Leader at PwC Singapore, employers must rework the way they design their compensation packages, which should now “include elements of salary and employee benefits, health and wellbeing, flexible work arrangements, and truly drive upskilling and lifelong learning as a strategic people development focus.”
In fact, Southeast Asian employees have already spoken up, pointing to benefits and recognition as key drivers of employee happiness, according to a survey by Milieu Insight. More and more workers are proving that an overall positive employee experience is what they’re looking for in a company – and what they’re staying for.
To be fair, most employers already know this, as proven by the WTW survey that reported “respondents [who] believe a positive employee experience is a key driver of engagement (79%), employee wellbeing (79%), productivity (79%), and the ability to attract and retain talent (79%).”
However, despite recognising the importance of a positive employee experience, employers – maybe even you – face a challenge: the cost of time, effort, and money. Hence, there has been a disconnect.
If you want to ensure fair recognition and avoid any workplace conflict, you need to carefully plan and implement your rewards and benefits programme. But that’s easier said than done, because while you can launch a programme, you do need to manage it every day. And when you have to worry about your employees’ rewards on top of your own tasks, the programme often gets left on the wayside. It can end up being a massive headache.
Put your employees first without the headache
In order to make positive employee experiences a priority, you need a reliable solutions partner. A fuss-free viable reward, GrabGifts are fixed-value digital vouchers, which your employees can redeem for cost-savings on rides, food, or delivery bookings on the Grab app.
With 219 million downloads across Southeast Asia, GrabGifts is an employer’s top choice for enforcing an effective rewards and benefits programme — and it can be your top choice, too. Here’s why:
It’s easy to access and implement. GrabGifts offers two convenient solutions to cater to your company’s gifting needs. For small or simple orders, opt for the self-serve platform, which allows you to complete your order in just a few clicks, with billing addressed directly to your company, with multiple payment options available for your convenience. Alternatively, if you require a large order or need specific redemption parameters, an account manager is ready to assist you. Both options are accessible via mobile or desktop, ensuring a seamless and efficient process for purchasing and distributing rewards to your employees.
It’s mindful of your benefits budget. You can easily control how much you’re spending on GrabGifts. You can decide how the vouchers are used, how much they are, how long they’re valid for, and other user settings with time or location controls.
It’s specific to each employee’s needs. If you want to make every employee happy, you have to recognise their specific needs, no matter how big or small your company is. You can easily do this with GrabGifts, which offers a portfolio of gift choices with enough variety to satisfy different people’s desires. By personalising your company benefits through GrabGifts digital vouchers, you’ll establish a truly valuable and cherished experience for all team members.
It’s customisable. Aside from meeting employees’ varying needs, you can also add personalised messages and select brands you think they would like in order to recognise their hard work and forge stronger connections with your team.
It’s adaptable. GrabGifts’ versatility allows companies to tailor the total workplace experience. Not only can GrabGifts serve as rewards for outstanding performance, but they can also be gifted on birthdays, allowing employees to choose how to redeem them. Additionally, our vouchers can replace petty cash, offering a practical option for employees to work outside of the office and travel between meeting venues.
Find a reliable rewards partner in GrabGifts
If you want to adopt, implement, and control an effective employee rewards programme that won’t take too much time, effort, and money, you don’t need to look further: GrabGifts can make all that happen for you. Proven, tested, and preferred by millions of employers and employees alike, GrabGifts can help your business attract talented job seekers, retain skilled workers, and increase overall work experience.
If you want to build a rewards programme that can promote a positive employee experience and create a great workplace culture, get in touch with us now to kickstart your GrabGifts journey.
Need further information? Head to the GrabGifts page to learn more about the programme.