The Fact Maker

New ways to provide positive reinforcement to your employees

The key to being a great organization is ensuring your team is engaged and motivated therefore achieving the desired results. In the not-for-profit sector especially, where the feel-good factor drives a huge number of employees, this is never more prevalent. Using positive reinforcement, creates a happy, motivated and confident work environment for the employees. Focusing on positives and discussing the negatives will encourage each individual to feel appreciated and supported in their working environment this can foster a happier working environment. An employee that enjoys coming into work every day is more likely to show an interest in their work and feel motivated to do a good job.

The process of rewarding or incentivizing desired behavior or performance to increase the likelihood of employees will influence work results, modify staff retention and really impact the organization’s objectives.

Here are the different ways to boost employee engagement and provide positive reinforcement to your employees:

Advantage Club, A global platform for employee engagement and financial wellness, with benefits like perks, rewards, and early wage access on a single platform. It aims to provide end- to-end solutions to facilitate employee engagement through exclusive privileges and rewards by the brand partners,  allowing them to reach out to targeted customer segments too. Established in 2016, Advantage Club is helping to create employee benefits as a space to create disruption using data mining and analytics. Since then, it has been redefining employee benefits beyond the traditional provident fund and corporate discounts policies.

Advantage Club provides a scalable, customizable, cost-effective program to take employee engagement to the next level and brings a wide variety of recognition programs including milestone/anniversary/years-of-service awards, real-time spot bonus, automated incentives, peer-to-peer appreciation, , quarterly and annual performance awards and perk programs. The platforms aimed to help organizations keep their employees engaged and driven, The platform is set to revolutionize the industry by making a direct impact on employee recruitment and retention through an exhaustive employee benefits management tool.

Refyne:  Refyne partners with organizations to help build their staff’s financial resilience and nurture a productive and happy workforce. Established in December 2020 Refyne has developed a mobile-first Earned Wage Access (EWA) platform that enables companies to allow their employees to acquire their real-time income any time before their monthly salary is due.

Refyne partners with enterprises with more than 1,000 employees to deploy its plug and play solution, which integrates with any existing payroll or HRMS. It fronts the risk with the earned salary withdrawal by employees, without impacting the status of the employers’ working capital.

Refyne’s one-stop platform enables your employee base to build financial resilience and nurture a favourable work culture. With plug and play technology, employees can see and withdraw their earned salary instead of opting for exploitative payday loans or other high-interest credit schemes.

Early Salary: EarlySalary boasts of the largest consumer lending application for salaried individuals. The app while working with an instant decision-making system allows borrowing in minutes. It helps salaried people with an easy line of credit, instant cash loans, and salary advances. It provides different loan categories like shopping, travel, medical emergencies, or education.

EarlySalary is bringing financial independence to the customers, liberating them from financial restrictions, allowing them to manage credit with ease, whenever they need it, wherever they need it.

Inspirus: Inspirus believe organizations that focus on culture and wellbeing deliver on the promise of employee fulfillment and organizational success. Employees make up the foundation of culture, which is shaped and evolved through everyday workplace experiences. Inspirus delivers high-value integrated solutions to help our clients elevate the employee experience throughout the entire employee journey. Through bring joy to work mission, the platform strives to reinforce Sodexo’s broader mission to improve the quality of life. The services of Inspirus includes integrated rewards offering, learning courses, communication tools, and analytics into a single platform spanning the following areas: Everyday recognition, Health and well-being,  Social interaction,  Staying safe,  Milestones,  Knowledge and development.

QuestBack: QuestBack is a person based feedback platform that helps companies understand customers, engage employees, and outperform markets. From DIY customers to employee surveys, to a full service feedback solution, QuestBack software is transforming the way businesses manage enterprise feedback.