Getting rewards means one's efforts and skills are being appreciated. It gives anyone the impression that they are not doing what they do for nothing. Recognition keeps them motivated.
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Rewards and Recognition are some of the most important ways a company can merit it's employees for the work they provide. Ujjivan ranks number 2 against all other businesses in India for it's recognition towards staff.
Some of the things that may be offered as employee rewards are free lunches, bonus payments in salary, holidays, plaques and vouchers for purchasing goods in stores or discounts on purchases.
0 interest credit cards with rewards offer the benefit of not accruing interest on purchases for a certain period of time, allowing you to save money. Additionally, you can earn rewards such as cash back, travel points, or discounts on purchases, providing extra value for your spending.
It depends on the rewards program a person is using. For example, a credit card might have rewards, but then the interest one is paying will not make it worth it.
When comparing rewards credit cards the interest rate is a key factor to compare. If you are going to keep a balance on the card then you should choose the lowest interest rate card otherwise the rewards will not be worth having the card. Also the amount of rewards and types per dollar spent should be considered.