Long an ago the scenario was giving some money as a reward. Now days in the corporate office employees rewards are different. Everyone is not ready to wait for a year end to receive a bonus or increment. With the advent of technology style of living has changed a lot.
Many companies have changed gigantically with managing directors, CEO, managers. Each and every company wants to satisfy its employee immediately with love. The reward should be instantaneous and recognition and not too long. So many companies are giving out gift vouchers for their best employees. The gift voucher is not taxable and employee can buy what he likes.
Spot rewards like air ticket, movie tickets, and holiday packages are also fine to the employees. The advantage of spot rewards is also to reinforcing a company, increase in the customer service, enthusiasm in the employee can do miracle in the outcome. Depending on the employees taste a company can reward the employee according to his taste. The spot reward programs should be well structured else it will be totally ineffective. Reward according to the preference to the ideal employee by understanding his / her needs.
This is how companies create a dedicated and sincere work force which deliver spectacular results consistently.

