What Are Employee Incentive Programs?
The Employee Incentive Program in Loyal-n-Save allows you to reward and engage your employees. You create an incentive structure
for loyalty-member sales, referrals, and more. Then, your cashiers can start earning incentives for each successful sale.
How Does EIP Work in Loyal-n-Save?
Simply set incentives based on actions. You can create tiered rewards (all store
employees earn a %), set probationary periods for new hires, or add multipliers for
tenured employees.
Choose an Incentive Structure
With EIP, your staff earns token rewards when loyal customers shop. Provide rewards based on a percentage of the loyalty “tokens” earned.
Add Your Employees
Create a structure so that “tokens” trickle to your employees. You can send 100% of the sale to a cashier, or tiered rewards by employee (e.g. 50% to the cashier, 25% to the assistant manager, 15% to the store manager, and 10% to the district manager).
Start Rewarding Employees
Your automated employee rewards program is live! You’ll be providing incentives for your entire team, helping to drive new engagement.
Why Use Employee Incentives?
Employee incentives supercharge your rewards program signups, drive upsells, and keep your employees engaged.
FAQs
Below are some commonly asked questions:
The EIP is a Loyal-n-Save module that allows you to reward and motivate your employees. You can create a program that incentivizes them for loyalty program signups, sales, and more.
Employees earn rewards in the form of tokens based on customer actions related to the loyalty program. This can include loyalty program signups and purchases made by loyalty program members.
Yes, EIP allows for flexible structures. You can offer a flat percentage of tokens earned for all employees, set tiered rewards based on employee roles, or implement a probationary period for new hires.
Yes, you can create incentive multipliers based on an employee's time with the company. This allows you to recognize their commitment and encourage long-term service.
The EIP is easy to set up. You choose an incentive structure, add your employees to the program, and define how token rewards are distributed among them. The system is then automated, rewarding employees based on your defined criteria.