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How To Start An Incentive Program

<p style&equals;"text-align&colon; justify">Whether you are a new business looking to increase and grow or a larger business wanting to expand into a new area&comma; one of the top ways to do this is to institute an incentive program to help boost your employees towards this goal&period; The aim of a program can be reach a certain milestone and along the way will motivate and reward employees who do well&comma; while inspiring those who don’t do quite as well to go a bit further&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Basic Principles<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">When designing an incentive scheme for employees there are some simple pointers to keep in mind&period; These include&colon;<&sol;p>&NewLine;<ul style&equals;"text-align&colon; justify">&NewLine;<li>Make the scheme simple – people should glance at it&comma; known what it is about and what the aim is&period; Focus on a single goal that can be amended or adapted over time&period;<&sol;li>&NewLine;<li>Make it so everyone can win – ensure that everyone benefits from the scheme in some form if they achieve the stated goal<&sol;li>&NewLine;<li>Make it positive – focus on positive things&comma; making it fun and celebrate the success of individuals to motivate others&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p style&equals;"text-align&colon; justify">One way many businesses are achieving this last point is to use social recognition&period; This is where recognition of achievements is given to the group of employees involved&comma; rather than just to the individual directly&period; Praising those who have done well can motivate others and engender a sense of friendly competitiveness that motivates everyone&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Common Pitfalls<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">The most common pitfalls of an incentive scheme are those that assume everyone is motivated by the same thing and want the same rewards&period; This is rarely the case and involves you understanding your staff well enough to know what does the job for them&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">For example&comma; some managers set a prize that they like – a meal at a restaurant&comma; a certain electrical item as a prize&comma; a holiday&period; But not everyone will be motivated by this and if you don’t like Italian&comma; for example&comma; you won’t work for a meal for two in the local Pizzeria&period; Or you have kids and the holiday is for two&comma; so that doesn’t work for you&period; The trick is to have a selection of rewards that the employees can select from&comma; allowing them to get the prize that motivates them&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">In the same way&comma; money may seem an ideal incentive but not everyone is motivated by money&period; Some people would rather earn a digital camera at the end of the incentive period than a cheque for £200&period; Again&comma; understanding staff motivations are key to this&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Win-Win<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">Employees typically fall into three categories and the best incentive schemes will mean that there is something for everyone to aspire to&period; The top 5-10&percnt; of the workforce are the high performers&comma; the self-motivated ones who will be the role models&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">The next 80-90&percnt; of staff will look at them and want to be like them but will still be rewarded in the scheme for the work they have done&period; Finally&comma; that last 5-10&percnt; are the ones who may need help&comma; training or something new to motivate them and a great incentive scheme could be just to ticket to light their fires&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Article courtesy of Workstars&comma; the market leader in social recognitition technology&period; Talk to them on Twitter &commat;WorkstarsHR&period;<&sol;p>&NewLine;

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