When the COVID-19 pandemic first hit, nobody would have guessed the massive impact it will have on all facets of life. In fact, to say the COVID-19 pandemic has changed the world as we know it is an understatement.
The massive impact of the pandemic has also hit businesses really hard and it’s evident in the unprecedented number of people losing their jobs and in the huge number of businesses closing shops.
While most of the people who still have jobs have been working from home, there are still others who still report to their workplaces while observing proper safety and preventative measures. Understandably, businesses are finding ways to motivate those who show up and act as the businesses’ frontliners.
However, with strict COVID-19 measures in place (read: lockdowns and quarantines), finding suitable ways to motivate, reward, and incentivise employees can be challenging.
Come to think of it, at this point in time, it is deemed ideal to provide rewards and incentives touch free or at the very least while still strictly observing safety and distancing measures. Fortunately, this is where prepaid cards can come in handy.
Providing rewards and incentives through prepaid cards is considered wise and practical for a number of reasons.Prepaid cards offer safety, speed, and convenience. And that’s just for starters.
Below are some of the ways you can provide some much-needed reward, incentive, and motivation during this time of lockdowns, quarantines, and social distancing:
Bonuses and Incentives
Since the conventional route of giving rewards, bonuses, and incentives (checks and actual cash) is not ideal and convenient at this point in time, using prepaid cards is undoubtedly the best option available.
First off, using prepaid cards would eradicate any interactions between the employer and the staff. Money can be loaded to the employee’s prepaid card through secure online portals, no need to visit the bank or hand the money to the employee personally.
This also offers unmatched convenience for the employees as they can enjoy their rewards and incentives while adhering to safety and distancing measures.
At the same time, since they can use their prepaid cards to purchase online, they won’t have to risk going to stores and interacting with others. That alone is ease, convenience, and safety only prepaid cards can provide!
Corporate Expense Card
To effectively motivate your employees, you have to show them their safety and welfare is a top priority for you. Fortunately, prepaid cards can also be used as corporate expense cards.
So rather than interacting with others by providing them cash and having them go outside to purchase supplies, you can have them use a prepaid card as a corporate expense card.
What’s even better is since prepaid cards can be used for online transactions, it also removes the need for unnecessary interactions. All you have to do is go online, visit the shop that sells the company supplies you need, and pay for the purchase using the company’s prepaid card.
Everything can be done in just a few minutes and can be performed in the comforts of your office or homes, at any time you deem convenient.
Marketing Purposes
If the company is staying afloat despite the current challenges, that’s motivation enough for many people who want the business to thrive so they can keep their jobs. One way to ensure the business stays relevant is through marketing.
Of course there are current limitations to what you can do right now. The great thing is you can still take your marketing up a notch by using prepaid cards. Case in point: your business can host games, sweepstakes, and contests and credit the amount they win to their prepaid cards.
The process is straightforward, quick, and easy. Winners can also immediately use their prepaid cards to purchase what they want or need online so it’s undeniably a win-win for both parties!
