Statistics Canada’s annual Workplace and Employee Survey found that Canadian employers who offer their employees performance bonuses have higher productivity and customer satisfaction and keep their employees longer than those employers who don’t offer performance bonuses.
Yet, the numbers of Canadian employers who offer performance bonuses decreased from 40.1 per cent in 1999 to 36.9 per cent in 2005.
So, if your company is looking to improve employee productivity, raise customer satisfaction and lower employee turnover, than consider adding or amending your reward and recognition system to realize these benefits. Guess what? Clear HR Consulting can help you with that!
