• BOOM Group

Economic Stresses? 4 Ideas To Help

Updated: Jul 29

With the recent and significant downturn in the economy, consumers are very concerned about spending. They simply do not have the same access to disposable income as in previous years, and it may be hard to meet the financial obligations of life.

A stressful side effect for an everyone, who is distracted by concerns about money, may be that they are less engaged and less productive on the job and at home.

Here are a few ideas that will help to address these stressful side effects:

1.  Share the Wins

Whether it’s a new or renewing client, a successful bid or an improved process, when an individual knows that there is good news happening, there is a sense of hope and confidence that things will improve.

2.  Communicate Frequently 

Update your members on the company’s plans for recovery and growth. With a sense of direction, comes purpose for members in an organization.

3.  Host a Virtual Seminar with a Guest Speaker

Topics could be on financial planning, exercise, nutrition and so much more.  Group learning can create a great sense of team.

4.  Show Appreciation

There are many affordable and unique ways to show gratitude for the hard work of team members – gift cards, thank you cards, employee rewards programs and more. 

So many of us are concerned these days and finding ways to help alleviate these requires creativity and lots of communication. It makes it worth it for the improved happiness of your workforce and members and long-term loyalty.

We all know, at some point down the road, we will see an increase in the economy and stability in all sectors. In the meantime, these forward-thinking suggestions will help you and your valuable team or members.

#MemberRewards #Rewards #Loyalty #Engagement

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TF:  1.844.858.BOOM (2666)

E:     info@boomgroup.com

1, 3617 Blackburn Road SE

Calgary, AB  |  Canada  |  T2G 4A3

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