90% of employees between 18-24 look for a new job elsewhere when they feel undervalued
Love2shop Employee Value Report 2022
UK study by Love2shop reveals one-third of employees feel undervalued in their jobs and how businesses can correct that to reverse the Great Resignation.
By clicking “send” you confirm that you have read, understood and accept our website T&Cs, privacy policy and cookie policy.
* Required field
Are you looking to recruit better candidates, retain your most talented employees and improve overall productivity?
Attract
Three-quarters of people (75%) say companies who gift staff regularly are likely to attract a better calibre of employee.
Retain
41% of employees who feel undervalued would change their perception if they were regularly rewarded by their employer.
Improve Productivity
The Love2shop Employee Value Report includes useful insight into when and how to reward employees to inspire and motivate.
We know how difficult it is to recruit, retain and support employees to be more productive when stresses such as the cost of living crisis are increasing the pressure on them.
- We have helped 150,000 businesses attract and retain staff through employee recognition
- We have been the leader in gifting and rewards for more than 50 years
- Our clients tell us that structured rewards programmes lead to increased productivity
“Help for Hospitality has been phenomenal, and went down a storm in the hospitality sector … our channel programme with Love2shop has also been a financial success … returning excellent figures over our investment.”
Adam Haywood
Commercial Marketing at Brakes
3 steps to improve recruitment, retention and productivity
Download the report or fill in our enquiry form
One of our expert team will contact you to discuss your specific business needs
Choose the employee engagement plan that best suits your business and drives productivity
Amid the cost of living crisis, employee rewards have greater importance
Around 10 million people – one-third of the UK workforce – feel their employer does not value them.
According to the Love2shop Employee Value Report 80% of undervalued workers are actively looking for a new job as a result but the cost of living has prompted companies across all sectors to explore how they can support employees. This has created an opportunity for businesses to build a culture of rewarding employee value through meaningful gifts and incentives.
Facing growing financial challenges around energy bills and rising costs, the Love2shop Employee Value Report reveals 89% of employees would spend a multi-retailer gift card from their employer on essentials like food, drink or clothing. Around 30% said they would spend the voucher on their weekly shop.
– 86% of employees would feel valued at work if they received a surprise multi-retailer gift card or gift voucher worth £150.
– 57% say bonuses and regular rewards contribute to their feeling of being valued in the workplace.
Download the Love2shop Employee Value Report
The cost of living crisis and increased choice in the employment market have made attracting and retaining employees challenging for businesses trying to improve productivity to remain competitive.
Love2shop has helped over 150,000 business just like yours create a culture of recognition and reward to overcome these challenges, empowering them to keep their employees happy and inspire commitment to meeting business goals.
Fill in your details below and hit ‘download report’ for your free copy of the Love2shop Employee Value Report.
By clicking “send” you confirm that you have read, understood and accept our website T&Cs, privacy policy and cookie policy.
* Required field