The market leading employee benefits provider

Loyalty/Long Service Awards

You know your employees are your greatest asset, but you sometimes find retaining them to be something of a challenge…

 

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    The average cost to recruit and train a new employee is estimated at around £8,000 to £12,000.
According to research undertaken by the CIPD

Why Reward Loyalty?

 

Recruiting and training a new employee can be a costly affair, so it is important to retain your staff for as long as possible. Loyalty/long service awards are no longer regarded as a precursor to retirement and awarded with a gold watch or clock. But instead seen as a stand alone, positive aid to staff retention, by recognising long-term loyalty, service and commitment.

It’s a great way for an organisation to show that it values its employees.

Nowadays, as an alternative to the historically recognised ‘25 years of service’, awards often start at much lower levels such as 5 years, with more regular intervals between award years, such as every 5 years.

You decide the amount you wish to spend; we then create the scheme around your budget, ensuring your loyalty scheme stays cost-effective, whilst also remaining relevant.

For that extra personal touch you can also brand your scheme to your corporate identity.

The Benefits of Introducing a Loyalty Scheme

 

Raised employee retention levels

Increased productivity

The promotion of employee wellbeing

Encouragement of company loyalty

Staff members who feel valued

 

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