A Solution to Employee Retention

By KEN JOYNER

Everywhere you look, there is a new article published or statistic posted about the war on talent in the current employment landscape. The phenomenon known as the Great Resignation has attracted the interest of researchers and analysts across the globe. The average number of people who leave their jobs each month in the United States is baffling. According to the United States Bureau of Labor Statistics, nearly 4 million people quit their job in October 2022. This trend shows no signs of slowing down and it has left employers scrambling to find ways to increase employee retention.

Studies have found that employers can decelerate the Great Resignation by offering proper compensation, staying transparent with long-term company goals and objectives, and offering valued incentives and recognition. Below is how Advantage Refreshments can help solve this issue without costing your company a penny!

The Advantage Refreshments team has developed unique and effective ways to recognize your team members and increase working conditions. Employees in general like and appreciate recognition, some may prefer it publicly in large group settings while others respond best to private conversations, but at the end of the day, recognition keeps team members engaged. In today’s world, the old “pat on the back” just does not mean as much as it once did. Employees expect immediate recognition and become easily bored with repetitive, predictable recognition programs. Advantage Refreshments has partnered with employers to add another recognition program to their arsenal, and even better, at no cost to the employer.

Advantage Refreshments installs brand new, state-of-the-art vending equipment at your business and incentivizes your team members to utilize the machines. Our vending equipment comes standard with a patented guaranteed delivery system for your team members, meaning they will never be charged for an item that does not vend properly. Additionally, during the first month following the installation of the new vending equipment, Advantage Refreshments will place a total of $700 worth of promotional items in the machines for your team members to receive, (5) $100 bills, (1) $50 bill, (1) $20 bill, (1) $10 bill, (2) $5 bills, (5) $2 bills and 100 $1 lottery scratch-off tickets in the machines. The currency and lottery tickets are affixed to the back of a drink or bag of chips. The best part about this program is that when your team member makes their selection, they have absolutely no idea they are about to be rewarded for utilizing the vending machine. Every month thereafter, Advantage Refreshments will continue to put cash prizes and giveaways in the vending machines to keep the positive momentum going. All of this is provided at no cost to your company.

Another way that Advantage Refreshments positively impacts employee appreciation is by providing “Free Vend Coupons.” Each month you will be provided 10 “Free Vend Coupons” to distribute as you see fit. If you observe a team member going above and beyond the call of duty, verbally congratulate them and tell them that as a token of the company’s appreciation they can get a drink or snack for free. You’ll see their face light up and costs your company nothing.

If that isn’t enough, Advantage Refreshments also gives each employee at your company a $10 Visa Gift Card on the day that your new vending machines are delivered. We will never have an employee complain that the first $10 worth of purchases in the vending machine are on us.

A few weeks ago, I got an early morning text from a General Manager (GM) at a large manufacturing facility that said, “call me right away.” If I’ve learned anything throughout my career, it’s that a 5:00 AM text of that nature is typically never good. When I called, the GM shared that he was in disbelief that a team member who worked 3rd shift the night before won $100 on a bottle of Pepsi. She ran up and down the breakroom showing everybody in sight and immediately lines formed at the vending machines, her coworkers hoping for the same fate. The machine sold out overnight and the factory was a buzz of excitement. The GM has since incorporated several location specific recognition pieces into the machines at his plant and as a holiday giveaway to his team, he wanted to put vouchers for 5 Apple iPads in the vending machines. The first team member who won one of the iPads was so excited they burst into tears!

The recognition possibilities are endless when you partner with Advantage Refreshments, let us help you increase employee retention with our unique, “no-cost-to-you vending program!” Call today to reap the benefits of our amazing employee refreshment program!

Ken Joyner, SHRM-SCP