Awards Absolute
Rewards
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Awards Absolute implements proven ways for our clients to attract and retain high quality staff.
The true cost of losing a dissatisfied employee includes:
Recruitment (advertising, interviewing
resources and training new recruits)
The diminished return on investment in training when staff leave or fail to fulfil their potential
The corporate price of lost experience Providing cover (such as temporary staff and over-time) to absorb the workload of the
departing employee until a suitable
replacement is hired
IBM has calculated the real cost of low staff morale. They identified that the loss of a single skilled employee with eight years experience averages anywhere between 70 percent and 130 percent of the staff members annual salary. Other companies quote similar statistics.
Awards Absolutes specialist team develops and administers cost-effective customised Rewards and Recognition programs that are strategically developed from a total reward perspective to assist our clients to: Recruit high quality staff Whether you wish to start a new program or are investigating alternatives to your existing one, Awards Absolute will ensure ease and success.
Examples of successful R & R activities being used as part of a program include:
Collective experiences through event, training
or travel-based incentives
Formal public recognition externally Individualised rewards such as gift vouchers and atypical management gestures
Peer to peer recognition schemes Access to highly sought-after development opportunities
Internal staff awards program We offer absolutely every service required for a successful
R & R program:
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