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NEW RELEASE: IMMEDIATE RELEASE Now doubled: the number of HR professionals predicting business performance will plummet this year Three in every four HR decision-makers say they are now having to make tough decisions on people, pay and rewards in light of the ongoing cost-of-living crisis The number of HR decision-makers (HRDMs) expecting business conditions to […]
Businesses of all sizes need to prioritise investment in their existing customers if they want to survive the cost of living crisis. Love2shop’ Free Ultimate Guide to Customer Loyalty is filled with advice from the world’s leading experts on customer behaviour to help you create a successful customer retention strategy. The Ultimate Guide […]
What challenges will businesses face in 2023 – and how can they overcome them? Frank Creighton, Director of Business Development at Love2shop – guides us through business experts’ forecasts for 2023. For the first time in a long time, the new year does not herald the unknown. Businesses and households are facing economic challenges set […]
Consumer behaviour is changing more rapidly than ever. As we head into a challenging 2023, how can your business keep up? As experts in customer behaviour, Love2shop have created a useful introduction to customer loyalty in 2023. Here, we’ll explain the basics: from the value of loyalty to your business to converting customers […]
With many HR professionals fearing budget cuts in 2023, how to keep stressed and struggling staff motivated so that your business comes through the recession strong is a real concern. Across the UK economy, we are seeing workers take action because they are unhappy with their proposed pay awards – and a recent study shows […]
Every year we explore what employees want from their employers at Christmas, and beyond, and how you can get workplace gifting right – but in 2022 and 2023 it’s more important than ever. From high earners to apprentices, inflation and recession are having a significant impact on household budgets and lifestyles. Many workers – even […]
Rewards aren’t just for Christmas – with the cost of living likely to remain at historically high levels in 2023 employers can offer a helping hand to their staff all year round. However, business owners and managers may be concerned about both the cost and the possible tax implications of employee rewards schemes. It’s an […]
As Christmas approaches, UK businesses are facing a cost of giving crisis, whether they want to support employees through tough times or reward them for their efforts this year. The problem: what do people really value when it comes to Christmas gifts – and what is seen as an empty gesture? Love2shop – has more […]
With the worst cost of living crisis in many years now in full swing both people and businesses are tightening their belts. According to the Office for National Statistics, 93% of adults in the UK reported an increase in their cost of living in August and September 2022. This hits low income households harder as […]
It can start with something as simple as ‘thank you’. Motivation through rewards isn’t a new idea. The notion that ‘people respond to incentives’ is a cornerstone of economics. Each new generation reinvents the concept. One of the buzz phrases out there right now is ‘nudge theory’. This is based on the idea that you […]
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