Reward schemes have always been a great way of impressing new candidates and existing employees, providing that you reward the right behaviour.
With company-wide perks, all employees have access to them, meaning that your hardest working employees will receive the same benefits and incentives as employees who aren’t achieving their goals or working as hard. Rather than using company-wide perks, you may find that individual rewards and recognition are much more effective and will encourage each employee to go the extra mile.
An effective reward system will push employees to feel proud of their work and will remind them how appreciated they are by their employer. It can also create a culture based on performance and rewards to turn the workplace into a performance-based environment, by incentivising your employees to build a high-performance team.