How startups offer incentives to their employees these days

It is important for startups to find the right employees in order to achieve their goals. Once they have great employees on board, it’s even more important to keep them on the ship. One way is to reward them with great incentives.

Let's take a look at what these renowned startups offer to their employees.

Wongnai

Wongnai, a leading lifestyle platform in Thailand, goes by four main work ethics; 1. Benefit society. 2. Create change in society. 3. Passion and speed. 4. Work flexibility. The company also promotes flexibility in working hours, starting from 9 to 11.30 in the morning. They also offer weekly bonuses worth up to tens of thousands of baht to those who can create impactful work.

Central Technology Organization

At CTO, they encourage employees to learn and develop their skills by offering online classes. Even more interesting and fun, they also motivate them through an activity by offering ‘CTO coins’ to high performing employees. These coins can be exchanged for holidays and they can even spend these coins as a discount at partnered cafes and restaurants as well.

Aware

Full-time or contract, which one is right for you?

At Aware, some young workers do not feel like welfare works for them, so Aware allows employees to choose between being a full-time or contract employee. This means that they can also choose between getting a high salary or great welfare benefits.

Offering employees great incentives is not only a way to keep the right employees aboard the ship, but it is also a way to motivate employees to push themselves harder and drive productivity. Everyone wants their hard work to be appreciated and recognised!

Source: Tech Take Tech Podcast