Motivate your hybrid team with these incentives

Money and rank aren't the only things that may motivate individuals. Let's explore how corporate leaders may motivate and reward their hybrid teams through alternate incentives.

Many businesses use a one-size-fits-all strategy to employee incentive that concentrates upon monetary compensation. However, as the hybrid revolution accelerates, this method of rewarding hard labour may become obsolete.

According to PwC's The Future of Reward report, 59% of organisations will make adjustments to their employee reward programmes, such as lowering the number of employee evaluations and boosting check-in frequency.

It also revealed that hybrid workers desired more regular check-ins, as well as a higher emphasis on their well-being and growth.

Rewards and incentive programmes must evolve to match the changing demands and expectations of the workforce, especially among the younger generation.

These programmes don't necessarily have to be entirely about bonuses and raise in pay. Employees also want to be noticed, recognised, and acknowledged for their job. Many people will favour incentives that help them achieve a better work-life balance or make their employment more meaningful.

Include external advantages.

Keep in mind that hybrid working isn't a reward in itself; it's just the reality of the workplace of the future. Why not give incentives like membership to a local coworking space as an incentive to complement working from home and offices?

According to a recent poll conducted by Regus parent firm IWG, 72% of office workers would choose a hybrid work schedule over a full-time return to the office, even if returning to the workplace Monday through Friday meant earning 10% more money. This number was significantly higher among those aged 18 to 24, who stated they would choose flexible working hours over a wage raise.

Allow for more conversation time.

Incentives and incentives don't necessarily have to be expensive for the firm; in some cases, donating time is just as beneficial as a raise in salary. According to Officevibe's Global State of Engagement research, 31% of workers desire more regular contact with their boss. Offering one-on-one sessions with managers and leaders to discuss objectives and career growth is one method to motivate your hybrid staff.

Make an investment in your professional growth.

It is a manager's responsibility to empower and get the most out of their staff in order for the company to succeed. Investing in your employees' abilities demonstrates a commitment to their professional development, which has been shown to increase team engagement.

It's even more vital when motivating a hybrid workforce, since remote employees may feel like they're being neglected or forgotten because they're 'out of sight, out of mind.' Investing in their professional growth via further training and customised programmes will help retain talent while also giving them a much-needed confidence boost.

Make your accomplishments apparent.

When dealing with a remote workforce, it's all too easy to ignore people' less visible contributions. When you have a hybrid squad, it's more vital than ever to celebrate the successes and brag about every accomplishment.

"Don't simply tell your staff how much you value their efforts. Show them." In Forbes magazine, Aliza Knox, a former Google and Twitter executive and Woman of the Year in IT Asia 2020, states, "Let everyone in the organisation know, including their higher-ups."

Small personalised prizes are available.

Consider giving more individualised advantages, such as subscriptions to applications like Spotify or Calm, rather than a blanket provision of prizes across the whole workforce, such as free lunch coupons or local gym membership. You might also give them hotel coupons to spend at their leisure.

Better still, recognise the "gift of time" that hybrid working provides (by removing the need for workers to travel for significant amounts of time on a daily basis), or even better, offer individuals more time off to recuperate and reflect.

Using a flexible workspace in a nearby neighbourhood allows a hybrid team quality but practical office space close to home, regardless of how you want to incentivize workers.