PeopleValue introduce eRewardInsight an employee reward and recognition impact and effectiveness review service
Oxford, UK – 27th July 2010 – Based on growing customer demand, PeopleValue, a leading provider of loyalty, incentive, reward & recognition and employee benefit programmes, has introduced an employee reward and recognition impact and effectiveness review service. Called eRewardInsight, the service is being delivered in conjunction with ER Consultants who are a leading consultancy specialising in organisational behaviour change.
The eRewardInsight service will help organisations structure an employee reward and recognition scheme prior to its introduction to ensure it is aligned with business objectives. The service will also help organisations gain insight into the functioning of existing reward and recognition schemes with a view to giving feedback on performance against stated goals and provide guidance as to how programmes could be improved. Specifically, the service looks at the response to a programme by the participants and to establish if the programme is generating the desired behavioural response from the employee population.
"We are being asked by more and more organisations to not just set up an employee reward and recognition scheme, but also to review its performance and its impact on the participants. To deliver a comprehensive service we have teamed up with ER Consultants who have over 30 years experience of specialising in behavioural change, helping companies transform their organisations by aligning strategy, structure and people," said Mike Morgan, CEO, PeopleValue.
"Employee reward and recognition schemes can have a very powerful and positive impact on an organisation’s performance. However it is important that an organisation understands their impact not least in terms of the participants behaviour. Understanding this can in turn lead to tuning and improving the effectiveness of a scheme such that it is closer aligned to the organisation’s goals and objectives,"said Chris Legge, Principal Consultant, ER Consultants
About PeopleValue
PeopleValue is a leading provider of loyalty, reward, incentive and benefit programmes to a diverse range of organisations offering a full end-to-end service through the creation, execution and management of programmes that are aimed at maximizing the impact on business results. With over 150 customers including Rank, npower, Twyford, Whitbread, Corus, Royal Mail, Aviva and the RAC they serve over 450,000 users. PeopleValue have developed a suit of web based applications that can be easily implemented and provide real time performance information on tactical sales campaigns, reward and motivation programmes and employee engagement.
For more information please contact Guy Tarring on gtarring@peoplevalue.co.uk or call 0870 908 0088.