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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.

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?
Measuring employee effectiveness
If you want to improve your profitability you need to measure employee performance regularly, using effective standards of measurement.
Employee share schemes
Employee share schemes, such as share incentive plans (SIPs) and Save As You Earn (SAYE) schemes, are increasingly being used by firms to reward good staff performance and retain workers, and make an attractive remuneration package when recruiting.
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.