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Rewards And Recognition

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https://www.theglobalsourcing.in/the-global-sourcing/rewards-and-recognition/ In a competitive business climate, more business owners are looking at improvements in quality while reducing costs. Meanwhile, a strong economy has resulted in a tight job market. So while small businesses need to get more from their employees, their employees are looking for more out of them.  Employee reward and recognition  programs are one method of motivating employees to change work habits and key behaviors to benefit a small business. REWARD VS. RECOGNITION Although these terms are often used interchangeably, reward and recognition systems should be considered separately.  Employee reward systems  refer to programs set up by a company to reward performance and motivate employees on individual and/or group levels. They are normally considered separate from salary but may be monetary in nature or otherwise have a cost to the company. While previously considered the domain of ...
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Incentive Program

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https://www.theglobalsourcing.in/the-global-sourcing/incentive-program/ Why do your employees do what they do? It’s not an easy question to answer, sometimes not even for the employees in question. Yet understanding the many factors that motivate your employees is the first step to implementing effective employee  incentive programs  in your organization. At the most basic level, people tend to divide these factors into two different categories: positive reinforcement ( incentives ) and negative reinforcement (disincentives). The traditional wisdom is that giving your employees the right balance of incentives and disincentives is the key to getting the most from your employees.   He has a point. While the workers of the past may have been seen as little more than beasts of burden carrying industry on their backs, success in the modern economy  requires employees  with greater independence and decision-making skills. And with such low unemplo...
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Gifting Solutions

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https://www.theglobalsourcing.in/the-global-sourcing/gifting-solutions/ YOUR UNIQUE CORPORATE GIFTS JOURNEY WITH GLOBAL SOURCING The  Global Sourcing  is a corporate gifting company in India. Featuring new methods for Gifting Solutions. We have been offering customized Products based on the customer requirement and understanding the exact requirements to fit the customer needs and brand merchandising products to various MNC & Consumer Durable companies. Our strengths are in understanding our consumers, develop concepts and offer products which are contemporary. We are expertise in all kinds of gifts for corporate needs, Industries, Institutions, Banks, Hotels, Social clubs, Pharmaceutical Co, Telecommunication co, Government organization, IT companies, FMGC, MNC, for all occasions and also undertaking  personalization and providing  logo printing as per designs and customizes, corporate gifts that become an extension of company’s marketing department ...
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Loyalty Program

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https://www.theglobalsourcing.in/the-global-sourcing/loyalty-program/ Complexity creates confusion When you first start your loyalty program the whole process is new to your brand community. It’s important to not overwhelm them right off the bat, and all the  great ideas  you have will be too much for your customers to process all at once. From our experience, you are better off starting a rewards program that is simple. You can add additional functionality over time as your community grow accustomed to the program. There are a couple key ways to get your loyalty program off the ground quickly that are still  very effective .  Simple earning rules This is one of the most effective ways to encourage loyalty and is also the easiest to set up. All you need to do is set the amount of points you want to  reward  for every dollar spent, and let your customers start earning. We recommend starting with 1% back on purchases, and making points equal to 1...
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Bank Gift Cards

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https://www.theglobalsourcing.in/the-global-sourcing/bank-gift-cards/ Gift Card   The occasion of gifting becomes extra special when the gift comes as per the receiver’s choice. Now days, In Bank are pleased to bring you a gift that will not fail to impress your family or friends. We bring to you the  Bank Gift Card  – an ideal gifting solution! Bank Gift Card  is an all year round gift for any occasion like birthdays, weddings, festivals, anniversaries, farewell etc. It makes your gifting experience hassle-free and helps save your precious time. What’s more, gift cardholders can spend the amount loaded on the card in as many VISA enabled stores as they like and purchases can be made throughout the year.  Gift cardholders  also have the advantage of checking their balance at any bank’s ATM, online or by calling up the Customer Care.   Benefits of Gift Cards ·          Freedom of choice...
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