How should we set up an employee incentive program?
Question: “We’re a service company, and like everyone else, we’re bracing for the
economic downturn and looking for ways to bring in new business. Our
president wants HR to implement some kind of incentive or reward
program for employees who help get customers to call and invite us to
bid. How should I go about setting up such a program? Any ideas on
inexpensive rewards that would motivate our staff?” — Steph, FL
For inexpensive rewards see the book 1001 Ways to Reward Employees, it may give you some hints. Try perhaps also to reward differently if the $$ of the bid is larger, how many customers, etc.
Posted by: DR | April 29, 2008 at 03:46 PM
While researching the topic of incentives, we stumbled upon what looks like a great resource on the web:
http://www.incentivecentral.org/
Incentive Central is a nonprofit information portal covering all things incentive, with a variety of white papers, reports and articles on how to encourage employees to help advance an organization’s overall business goals. Granted, the site is funded by a federation of companies in the multi-million dollar “incentives” industry (think watches, plaques and reward trips for top salespeople).
However, the site is extremely well organized and full of useful content. It’s worth checking out.
Posted by: HR Weekly Editors | May 06, 2008 at 08:23 AM
Please email me at the address above, I work for Dade County Schools, I would like more information. Thanks
Posted by: Evelyn D. Grant | May 07, 2008 at 05:21 AM
A committee is a group that keeps the minutes and loses hours.
— Milton Berle
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http://ebloggy.com/mariarobinsonhj
Posted by: SoobbyOceappy | May 09, 2008 at 03:14 AM
Incentives and rewards should vary depending on what motivates the age group of the individuals. One size does not fit all. Each generation is motivated and rewarded by different things.
Posted by: Sandra Lee | June 10, 2008 at 01:56 PM