Save Share Rewards
InteleSystems is excited to introduce SaveShare Rewards – a unique program designed to benefit InteleSystems’ customer’s business and reward their employees. InteleSystems’ customer employees are core team partners that work together to achieve the goals of the project and improve their company. The inspiration for SaveShare was based on InteleSystems appreciation for its customer team members and stake holders, and the mutual commitment to meaningful success in cost reduction, recovery, and containment.
What is Save Share Rewards?
Partnering with Corporate Rewards, the leader in customer loyalty and employee recognition programs, $ave$hare essentially adopts the airline frequent flyer mileage and hotel frequent stay points model by enabling InteleSystems’ customer employees to earn and redeem points through participation in efforts to implement InteleSystems’ cost savings initiatives. Aimed at rewarding the specific internal customer employees that help achieve the cost reduction opportunity, redeemable $ave$hare Rewards are accrued by contributing a “share” of the cost savings achieved by the project.
How Does It Work?
One of the most attractive features about $ave$hare Rewards is its simplicity. InteleSystems’ customer company identifies the $ave$hare contribution levels and InteleSystems’ established project management system coupled with Corporate Rewards redemption process does the rest.
Upon successful completion of a project and its quantified savings results, the $ave$hare Reward accounts are funded from InteleSystems service fees that are its “share” of the savings. The employee(s) designated as $ave$hare Rewards recipients then simply log on to their assigned account and redeem their award from hundreds of merchant options.
Upon successful completion of a project and its quantified savings results, the $ave$hare Reward accounts are funded from InteleSystems service fees that are its “share” of the savings. The employee(s) designated as $ave$hare Rewards recipients then simply log on to their assigned account and redeem their award from hundreds of merchant options.
Why SaveShare™ Rewards?
“A Penny Saved Is A Penny Earned”. It’s a simple concept – for most businesses there are still only 2 ways to generate profit – profitable sales, or reduced costs. However, in the real world of most company’s business strategies, cost savings is often a second class citizen to revenue generating sales. Virtually every company in the world has a sales force, a commission/bonus plan for sales employees, recognition programs, and quotas, all designed to generate revenues that generate profits.
Despite cost savings initiatives having the same affect on the bottom-line, very, few companies have incentive plans for employees to increase profits by reducing administrative costs. Often times cost reduction or containment is a presumed expectation of employees while lacking any processes or measurement formulas. Many worthwhile cost reduction projects involve operational or behavioral change that adds resistance to the unrewarded extra effort. No cultural, “mission” type message to pursue cost reduction, no financial incentives, no recognition incentives, extra work, institutional resistance, and what if something goes wrong? These conditions underscore the value in a program focused on cost reduction as a means to achieve profits.
Despite cost savings initiatives having the same affect on the bottom-line, very, few companies have incentive plans for employees to increase profits by reducing administrative costs. Often times cost reduction or containment is a presumed expectation of employees while lacking any processes or measurement formulas. Many worthwhile cost reduction projects involve operational or behavioral change that adds resistance to the unrewarded extra effort. No cultural, “mission” type message to pursue cost reduction, no financial incentives, no recognition incentives, extra work, institutional resistance, and what if something goes wrong? These conditions underscore the value in a program focused on cost reduction as a means to achieve profits.
How Do We Get Started?
Simply contact your Project Manager or contact info@intelesystems.com to request information.