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Economic and political instability can have an impact on SMEs in a number of ways – for example,cheap jordans for sale, by making it more difficult to secure the best employee talent.


We know having the right employees is key to business success,http://www.mapsxm.com/search/node/cheapjordanshoesfreeshipping.com/bolg,cheap retro jordans, but many SMEs must compete with employee benefits offered by larger counterparts.


However, a number are developing specific rewards programmes for high-performing or long-serving employees to answer this challenge. Recent research by American Express found that 95pc of SME business leaders are choosing to use rewards or points they accrue as a business to reward employees.*


They report that this makes employees more engaged and motivated to stay. Employees echoed this. The study found that 94pc of staff would stay at a company that regularly rewarded them,cheap jordans online.


The conclusion to be drawn from this study is that SMEs are getting ahead of the game in terms of finding innovative ways to deliver rewards to employees and position themselves as good to work for.


Ultimately this should mean better staff retention rates and thus savings on recruitment costs. But isn’t creating a company rewards scheme likely to be expensive? Not necessarily. A number of smaller firms are choosing to use a rewards card such as the American Express Gold Business Card for company expenditure.**


By putting ?3,000 of spend on the Card in the first three months of Cardmembership, SMEs could earn 20,000 Membership Rewards? points that can be used to fund employee rewards and recognition.


These points alone could equate to a ?100 gift card at high-street stores such as Currys PC World, M&S or Homebase. Alternatively,http://users.atw.hu/miwa-cod4/index.php?site=forum_topic&topic=13607cheapjordanshoesfreeshipping.com/bolg,cheap wholesale jordans, they could be redeemed for business flights to key European cities.


By having a shrewd approach to business spending, SMEs can earn rewards that can then be passed to employees. That’s a win-win for companies and staff.


To find out about business rewards, visit americanexpress.co.uk/businessgold


* Research undertaken by Coleman Parkes among 300 SMEs and 500 employees of SMEs between 11-21 April 2017


**The American Express Gold Business Card fee is ?125 year (?0 in the first year). Spend ?3,jordan shoes,000 on purchases on the Card and receive 20,000 bonus Membership Rewards points. All introductory offers are subject to change and can be withdrawn at any time. For a Card with no annual fee, rewards or others features, an alternative option is available. Terms and Conditions apply. See website for terms. American Express Services Europe Limited is authorised and regulated by the Financial Conduct Authority